Commodity Prices News

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Oil Rises as Supples Wane at America's Key Inland Storage Site
Friday, September 21, 2018 Oil climbed in New York as the supplies stowed at the biggest US storage hub dwindled.

Trump's Blow to Iranian Oil Sparks Curious Price Divergence
Friday, September 21, 2018 The relationship between two major oil benchmarks is charting an unexpected course.

Crude Oil and Gasoline Tumble in Twitterverse Tizzy
Thursday, September 20, 2018 Just one of the four commodity benchmarks Rigzone tracks was unfazed by a tizzy in the Twitterverse.

Canada Shale Drillers Feel Permian Pain as Prices Collapse
Thursday, September 20, 2018 The Permian Basin isn't the only oil field facing pressure from pipeline bottlenecks.

Trump Presses OPEC to Reduce Prices as Crude Trades Near $80
Thursday, September 20, 2018 US President Donald Trump resumes his criticism of OPEC, saying on Twitter that the cartel 'must get prices down now!'

WTI Passes $71 Mark on Crude Stocks Draw
Wednesday, September 19, 2018 WTI crude oil benchmark rose by nearly 2%.

Oil Near Week's High as Supply Data Tempers Saudi View on Prices
Wednesday, September 19, 2018 Brent oil held near the highest level in a week as investors weighed a potential gain in US crude stockpiles against Saudi Arabia's comfort with prices rising above $80 a barrel.

WTI Up 1.4 Percent But Stays Sideways
Tuesday, September 18, 2018 West Texas Intermediate benchmark continues trend.

Oil Rises as Saudis Said to Be Content with Prices Over $80
Tuesday, September 18, 2018 Oil rose as Saudi Arabia was said to be comfortable with Brent crude exceeding $80 a barrel.

Crude See-Saws as Supply Crunch Muted by Impending Demand Drop
Monday, September 17, 2018 Oil capped recent gains as international supply concerns were overshadowed by a looming demand drop.

Tale of Two Oil Markets: Brent Bulls Split From US Optimists
Monday, September 17, 2018 For oil investors, this is both the best of times and the worst of times, depending on which crude benchmark you trade.

Crude Caps Weekly Advance as Iran Sanctions Bite Into Supply
Friday, September 14, 2018 Crude posted a third weekly advance out of four as Iranian sanctions take center stage.

Crude Oil Whipsaws on Demand Concerns
Thursday, September 13, 2018 October WTI fell by 2.5%, erasing earlier gains this week.

IEA Warns of Higher Oil Prices as Iran and Venezuela Losses Deepen
Thursday, September 13, 2018 The IEA warns that oil prices could break out above $80 a barrel unless other producers act to offset deepening supply losses in Iran and Venezuela.

Oil Slips as Economic Concerns Counter Tightening Supplies
Thursday, September 13, 2018 Oil prices fell on Thursday, reversing some of the strong gains from the previous session.

WTI Clears $71, Brent Flirts with $80
Wednesday, September 12, 2018 The latest batch of US crude inventory figures from the API contributes to bullish oil price movements during midweek trading.

Oil Hovers Near $80 A Barrel As Concern Grows Over Global Supply
Wednesday, September 12, 2018 Oil eased, having neared its highest level this year after a drop in US crude inventories.

WTI Rises 2.5 Percent on Hurricane Threat
Tuesday, September 11, 2018 Crude oil and reformulated gasoline surged as three named tropical systems churned in the Atlantic Ocean.

Oil Prices Climb Ahead of US Sanctions on Iran
Tuesday, September 11, 2018 Oil prices rose on Tuesday as US sanctions squeezed Iranian crude exports.

Oil Steadies As US Inventory Concerns Curb Gains
Monday, September 10, 2018 Oil prices were mixed, pulling back from an early rally after data suggested US crude inventories might build, weighing on the market.

Oil Posts Biggest Weekly Decline since July
Friday, September 07, 2018 Oil posts the biggest weekly decline since July as a rout in emerging markets raised concerns about weakening energy demand.

China Trade War Fears, EIA Report Keep Crude in Check
Thursday, September 06, 2018 Concerns about trade between the US and China, coupled with a mixed US government report, contribute to bearish crude oil price movement.

Oil Gains From Dollar Weakness; Focus Pinned On Demand Outlook
Thursday, September 06, 2018 Oil rose, encouraged by a weaker dollar and evidence of strong US fuel demand.

Crude Oil Declines on Minor Gordon Impact
Wednesday, September 05, 2018 The October WTI futures price fell $1.15 Wednesday.

Oil Drops Below $78 As Supply Concern Eases, Demand Worries Mount
Wednesday, September 05, 2018 Oil fell below $78 a barrel as a US Gulf tropical storm weakened and moved away from oil-producing areas.

Oil Traders Weigh Gordon's Impact
Tuesday, September 04, 2018 A US Gulf Coast storm, unrest in Libya and news concerning Venezuela and Iran contributed to an uptick in crude oil prices Tuesday.

Oil Prices Jump As Gulf Of Mexico Rigs Evacuated
Tuesday, September 04, 2018 Oil prices rose after the evacuation of two Gulf of Mexico oil platforms in preparation for a hurricane.

Oil Slips As Trade War Worries Outweigh Iran Sanctions
Friday, August 31, 2018 Oil prices slipped, pressured by renewed concerns that a global trade war could dent energy demand.

Analysts Forecast Average Price of Brent Crude in 2019
Friday, August 31, 2018 Rigzone highlights different forecasts for Brent Crude in 2019.

WTI's Trajectory Clears $70
Thursday, August 30, 2018 After surging to $70.50 a barrel, the October WTI futures contract settled at $70.25 for a 74-cent gain on the day.

Oil Rises On Iran Sanctions, Lower US Fuel Inventories
Thursday, August 30, 2018 Oil prices rose, extending gains on growing evidence of disruptions to crude supply from Iran and Venezuela.

Oil Jumps to Highest in a Month on US Stockpile Drop
Wednesday, August 29, 2018 Oil closed at its highest in a month following a bigger-than-expected decline in US crude stockpiles.

Crude Oil Loses Momentum
Tuesday, August 28, 2018 The October WTI crude futures price settled at $68.53 a barrel Tuesday, representing a 34-cent decline.

Oil Buoyed To 7-Week High By Evidence Of Lower Supply
Tuesday, August 28, 2018 Brent crude oil rose towards its highest price since early July on Tuesday.

Oil Markets Have Ho-Hum Day
Monday, August 27, 2018 'For price movement, price direction, it was a dud of a day,' a market-watcher with Mizuho Americas told Rigzone.

Big Oil's Exit Turns into Revival for Norway
Monday, August 27, 2018 The turnaround shows how the changing make-up of Norway's oil industry is putting assets in the hands of new companies willing to invest billions of dollars.

Oil Rises As China Demand Resumes, Signs That Iran Supply Curbed
Friday, August 24, 2018 Oil prices gained more than 1%, ending a run of weekly declines.

Oil Retreats from Pseudo-Relief Rally
Thursday, August 23, 2018 A day after posting impressive gains in 3-percent territory, the WTI and Brent oil benchmark prices retreated a bit Thursday.

Analysts Say No End In Sight for Europe's Natural Gas Rally
Thursday, August 23, 2018 Europe's natural gas prices have risen to their strongest level for this time of year, lifting the cost of electricity for factories and utilities.

Oil Stabilizes, Supported By Bullish US Inventory Data
Thursday, August 23, 2018 Oil prices steadied, supported by a bullish US inventory report from the previous session.

Oil Jumps 3% On Big US Crude Draw, Iran Sanctions
Wednesday, August 22, 2018 Oil prices rose 3%, with Brent crude futures hitting a three-week high.

WTI Clears $68 on Iran Sanctions Outlook
Tuesday, August 21, 2018 The WTI crude oil futures contract for September surged to $68.10 a barrel Thursday.

Oil Edges Up on U.S. Sanctions Against Iran, but Trade Dispute Weighs
Tuesday, August 21, 2018 Oil prices edged up on Tuesday.

Oil Gains On Easing Trade War Concerns, Sanctions On Iran
Monday, August 20, 2018 Oil futures rose after weeks of declines.

Oil Rises In Session, But Has Weekly Loss On Trade Worries
Friday, August 17, 2018 Crude prices rose on Friday, but declined on the week.

Crude Oil Settles Near Intraday High
Thursday, August 16, 2018 The September WTI oil futures prices ended Thursday's session six cents shy of the intraday high.

Oil Edges Up As China,US Set Trade Talks But Markets Wary Of Slowing Demand
Thursday, August 16, 2018 Oil prices on Thursday clawed back some of the previous day's losses.

Oil Tumbles on Surprise Build in US Crude Inventories
Wednesday, August 15, 2018 Oil futures slide, with U.S. crude settling 3 percent lower after government data showed a surprise weekly increase in domestic crude stockpiles, compounding worries about the global economic growth outlook.

Dollar, Lira and Kingpin Weigh on Tuesday's Trading
Tuesday, August 14, 2018 A stronger US Dollar and a weakening Turkish lira factored into the oil market's performance on Tuesday.

Hardcore Hedge Fund Bulls Say Iran Sanctions May See Oil At $150
Tuesday, August 14, 2018 Some of the world's most prominent energy investors are convinced the price will return to record highs.