Oil futures were gaining ground in range-bound trade ahead the OPEC+ weekend meeting, where the producer group is widely expected to agree to another output increase in December.
The more-active Nymex December ULSD contract was off by 0.9ct to $2.40/gal and the November contract, which expires at the end of Friday trading, was 3.4cts lower at $2.421/gal. The December RBOB ...
President Donald Trump’s U.S.-China trade truce may be overshadowing a new report that has helped raise the alarm about a ...
ULSD futures are leading the move higher, as last week's announcement that the U.S. would impose sanctions on Russia's top two oil companies continues to support prices. Russia is the world's ...
Crude oil slips toward $55.27 as contango structure and rising inventories signal a bearish oil outlook for futures traders.
Oil prices held steady on Thursday as investors assessed a potential trade truce between the United States and China after ...
At 08:40 ET (12:40 GMT), Brent oil futures for December rose 0.1% to $63.86 a barrel, and West Texas Intermediate crude ...
Crude oil futures posted a third consecutive weekly loss as increased oversupply concerns and further tariff sparring between the US and China sent prices to their lowest in five months.
Exxon Mobil and Chevron, the two biggest US oil giants, increased their production during Q3 despite forecasts for a global ...
A breakout of $67 can add more fuel to the uptrend, potentially leading to a rally to $71, a resistance. Subsequent ...
Discover how to invest in oil via ETFs, futures, energy stocks, and mutual funds. Learn direct and indirect methods to navigate oil investments successfully.
Discover how West Texas Intermediate (WTI) serves as a key benchmark for U.S. oil, its role in NYMEX futures, and how it ...