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Commodity News

WTI Closes at Highest Level Since April 2019 Share your comments
Thursday, March 04, 2021Oil surged to the highest in nearly two years after the OPEC+ alliance surprised traders.

Platts Apologizes to Oil Traders Share your comments
Thursday, March 04, 2021S&P Global Platts apologized to oil traders for the speed at which it announced an overhaul of a price that underpins a swath of the world's crude oil transactions.

Analysts Significantly Bump Oil Price Forecast Share your comments
Thursday, March 04, 2021Analysts at Fitch Solutions Country Risk & Industry Research made a 'significant upward revision' to their oil price forecast this month.

Oil Prices Get Boost from Fuel Inventory Data Share your comments
Wednesday, March 03, 2021Oil jumped the most in more than a week.

Oil Halts Losses on Eve of OPEC+ Meeting Share your comments
Wednesday, March 03, 2021Oil rebounded after a three-day fall with the OPEC+ alliance said to be poised to agree an output increase at its meeting this week.

Light Crude Closes Below $60 Share your comments
Tuesday, March 02, 2021Oil tumbled below $60 a barrel in New York with the OPEC+ alliance said to be set to agree to a production increase later this week.

Will Oil Price Rise Strain OPEC+ Relations? Share your comments
Tuesday, March 02, 2021Rigzone talks to analysts about what the recent oil price rise could mean for OPEC+ relations.

Oil Sinks Before OPEC+ Meeting Share your comments
Tuesday, March 02, 2021Oil's impressive 2021 rally is coming unstuck just days before OPEC+ meets to decide just how much crude it should return to the market.

Oil Prices Finish Lower As Market Eyes OPEC+ Meeting Share your comments
Monday, March 01, 2021Oil plunged as the dollar pared losses ahead of a key OPEC+ meeting scheduled this week.

Oil Prices Get Full Stimulus Bill Boost Share your comments
Monday, March 01, 2021Oil is finally pricing in the full boost from the long-awaited U.S. stimulus bill, rising on the prospect of extra spending and its related market benefits.