Results47 articles shown
Oil Rises 2% Off Strong EIA Data
Wednesday, March 29, 2017 Oil rose Wednesday morning after the EIA reports significant drawdowns in product inventories for the week ending March 24.
Oil Jumps On Libyan Disruption, OPEC Deal Extension Hopes
Tuesday, March 28, 2017 Oil prices rose as much as 2 percent after a severe disruption to Libyan oil supplies.
Oil Falls as Traders Shrug Off OPEC-Led Pledge to Mull Extension
Monday, March 27, 2017 Oil fall as a pledge by OPEC-led producers to consider extending their output-cut deal failed to excite traders concerned that more time is needed to trim global stockpiles.
Kemp: Hedge Funds Unwind Record Bullish Position In Oil
Monday, March 27, 2017 Hedge funds have unwound much of the concentration of bullish positions that contributed to a fall in oil prices this month, suggesting a broader range of views about where prices go next.
Oil Rises In Late Trade, Still Down On The Week As Glut Weighs
Friday, March 24, 2017 Oil rose modestly in a spate of late-day activity, but fell on the week as concerns persisted over an excess of crude.
Oil Slips, Inventories Curb Recovery From Four-Month Lows
Thursday, March 23, 2017 Oil prices dipped, struggling to recover from four-month lows.
Oil Falls on Yet Another US Crude Build
Wednesday, March 22, 2017 Both the US and global benchmarks slipped over 80 cents off newsflow that US crude inventories had risen by 5 million barrels for the week ending March 17.
US Oil Hits Nov. Low As Fresh Glut Fears Overshadow OPEC Cut Talk
Tuesday, March 21, 2017 Oil prices fall, with US crude dropping to its lowest since November.
Oil Drops as US Drilling Growth Threatens to Counter OPEC Cuts
Monday, March 20, 2017 Oil fell as a Libyan port is set to resume shipments and the US drilling revival undermines the potential for OPEC output curbs to rebalance the market.
Kemp: OPEC Cuts Make Global Crude Supply Lighter And Sweeter
Friday, March 17, 2017 OPEC's production cuts have changed the quality of the global oil supply, shaking up the relationship between important crude benchmarks.
Oil Prices Steady But Outlook More Bearish
Friday, March 17, 2017 Oil prices were largely steady, finishing the week with modest gains.
Oil Slips Despite Weak Dollar As US Stockpiles Remain High
Thursday, March 16, 2017 Oil prices slipped, as support from a weaker dollar was offset by US crude inventories near record high levels.
Crude Rallies on Unexpected Drop in US Inventories
Wednesday, March 15, 2017 After losing over 5% in the last week, oil prices regained some lost ground after the EIA reported an unexpected decrease to US crude inventories.
Kemp: Brent Spreads Become Battleground Amid Doubts Over Oil Rebalancing
Tuesday, March 14, 2017 Global oil markets are gradually rebalancing, but progress has been slower and more uneven than the Organization of the Petroleum Exporting Countries and bullish hedge funds expected.
Oil Slides As Crude Stocks Mount, Dollar Strengthens
Tuesday, March 14, 2017 Falling oil prices weighed on energy shares in the wake of a report of rising crude stocks.
Oil Below $49 as Rise in US Drilling Threatens OPEC's Efforts
Monday, March 13, 2017 Oil settles at the lowest level since November as record US crude inventories and a boost in drilling activity threaten OPEC's efforts to reduce a global glut.
Oil Slumps To Close Out Biggest 3-Day Loss In A Year
Friday, March 10, 2017 Oil skidded again, pushing prices to three-month lows.
Oil Drops To Lowest Since OPEC Deal, US Crude Below $50/bbl
Thursday, March 09, 2017 Oil fell about 2% in heavy trade, extending the previous session's slump to prices not seen since an OPEC-led pact to cut production was agreed upon.
Huge Crude Build Leads to Oil Price Plunge
Wednesday, March 08, 2017 Oil prices plunged when the EIA showed similarly bearish data to what had been provided by the API.
Oil Little Changed As Growing US Supply Offsets Bullish Saudi Comments
Tuesday, March 07, 2017 Oil prices ended little changed on Tuesday, as growing U.S. production expectations offset earlier gains after Saudi Arabia's oil minister said market fundamentals were improving.
Oil Whipsaws As Output Seen Rising, More OPEC Cuts Discussed
Monday, March 06, 2017 Oil prices whipsawed, with benchmark Brent rising and U.S. crude easing slightly.
Oil Rebounds From Recent Weakness, Still Rangebound
Friday, March 03, 2017 Oil prices surged, as a weaker dollar encouraged buying but investors remained cautious.
Oil Falls to Three-Week Low as Record US Supply Outweighs OPEC
Thursday, March 02, 2017 Oil closed at the lowest level in more than three weeks as record US crude inventories were seen jeopardizing OPEC's efforts to drain a global surplus.
Oil Falls on Supply Worries
Wednesday, March 01, 2017 Markets continue to be encouraged by positive data showing high compliance levels for the 1.8 million barrel per day coordinated cut.
Oil Prices Slip As Rising US Supplies Offset OPEC Cuts
Tuesday, February 28, 2017 Oil prices slipped but continued to trade in a tight range.
Oil Closes Near $54 as US Supplies Dim Confidence in OPEC Cuts
Monday, February 27, 2017 Oil closes near $54 a barrel in New York as estimates of record US stockpiles overshadow OPEC's efforts to balance the market.
Oil Slips Nearly 1 pct On Concerns Over Rising U.S. Output
Friday, February 24, 2017 Oil prices fall about 1 percent as worries about rising U.S. supplies outweigh OPEC pledges to boost compliance with output curbs.
Oil Prices Up But Gains Pared After Seventh Straight Stock Build
Thursday, February 23, 2017 Oil prices rose but gains were pared after US government data showed a seventh straight build in crude stocks.
Oil Falls On Worries Over Swelling US Stockpiles
Wednesday, February 22, 2017 Oil prices fall more than 1% on expectations of another surge in US inventories.
Oil Rises 1% As OPEC Sees Higher Compliance With Cuts
Tuesday, February 21, 2017 Oil prices end about 1% higher after touching three-week highs on OPEC's optimism for greater compliance with its deal with other producers.
Oil Rises, But Swelling US Output Caps Rally
Monday, February 20, 2017 Oil prices inched higher, as investor optimism over the effectiveness of producer cuts encouraged record bets on a sustained rally.
Oil Steady, But Down For The Week As Glut Worries Face OPEC Cuts
Friday, February 17, 2017 Oil prices ended steady but lower on the week, with US crude notching its first weekly decline in five weeks.
Oil Rises Modestly in Tight Trade, Boosted by OPEC Hopes
Thursday, February 16, 2017 Oil prices end modestly higher, as the market weighed swelling U.S. inventories against possible renewed efforts by major oil producers to reduce a price-sapping glut.
Oil Settles Relatively Flat Despite Record Rise To US Crude Stocks
Wednesday, February 15, 2017 Oil prices trended down in pre-market trading early Wednesday and fell furter on an EIA report.
Oil Pulls Back In Post-Settlement Trade As US Stockpiles Rise
Tuesday, February 14, 2017 Oil prices pared gains after the settlement, as evidence of surging US crude oil stockpiles underscored concerns that shale production might limit the effectiveness of an OPEC-led effort to cut global output.
Oil Down 2% As Dollar Firms, OPEC Compliance Rate Shrugged Off
Monday, February 13, 2017 Oil prices decline by about 2%, the most since mid-January.
Oil Up On Widespread OPEC Deal Compliance, US Rig Count Rises
Friday, February 10, 2017 Oil prices rose after reports that OPEC members delivered more than 90 percent of the output cuts they pledged.
Oil Up After Gasoline Stock Draw, But Market Bloated
Thursday, February 09, 2017 Oil prices held onto gains with US prices rising on evidence that gasoline demand could strengthen in the world's biggest oil market.
Oil Prices Edge Up On Short Covering; Gasoline Jumps
Wednesday, February 08, 2017 Oil prices rose slightly as investors covered short positions after a rise in US crude inventories was not as massive as many had feared
Oil Falls to Two-Week Low as US Crude, Fuel Supply Seen Rising
Tuesday, February 07, 2017 Oil dropped to the lowest in more than two weeks amid estimates that US crude and gasoline inventories continue to climb.
US Oil, Gas Prices Seen Falling With Trump 'Energy Revolution'
Monday, February 06, 2017 President Trump's vow to "unleash an energy revolution" by reversing regulations may send oil and natural gas prices tumbling in 2018, according to Bank of America Merrill Lynch.
Oil Falls as US Supplies, Speculative Length Counter OPEC Cuts
Monday, February 06, 2017 Oil fell on Monday as ample US supplies and excess speculative length outweighed OPEC output curbs and rising tensions between the United States and Iran.
Oil Pushes Higher On Iran Sanctions, Jobs Data
Friday, February 03, 2017 Oil prices rise after the United States imposes sanctions on some Iranian individuals and entities.
Oil Edges Down As Market Downplays US-Iran Missile Test Dispute
Thursday, February 02, 2017 Oil prices edge lower, giving back early gains as traders grew less concerned about tensions between the United States and Iran.
Oil Rises on Bullish Sentiment around Output Cuts
Wednesday, February 01, 2017 Oil prices rose after traders eschewed bearish data points from the EIA around rising inventory levels and lower gasoline demand.
Oil Higher As OPEC Delivers On Output Cuts, Dollar Dives
Tuesday, January 31, 2017 Oil prices rose on a weak US dollar and news that the world's top producers cut production this month more than forecasters had expected.
Oil Slips As More US Drilling Revives Glut Concerns
Monday, January 30, 2017 Oil prices fell as news of another weekly increase in US drilling activity had oil forecasters concerned that production cuts may not reduce the global supply glut.
|Brent Crude Oil :||$52.42/BBL||2.12%|
|Light Crude Oil :||$49.51/BBL||2.35%|
|Natural Gas :||$3.17/MMBtu||2.25%|
|Updated in last 24 hours|