Commodity Prices News

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Crude Oil Down for the Week but Gas Rebounds
Friday, November 16, 2018 The December WTI remained flat on Friday.

Heavy Canadian Crude Falls to Record Low
Friday, November 16, 2018 Heavy Western Canadian Select crude fell to a record low.

Finding Oil Floor Is Going to Take More Time
Friday, November 16, 2018 Finding a floor for oil is going to take more time, according to CIBC Private Wealth Management Senior Energy Trader Rebecca Babin.

Oil Poised for Sixth Weekly Loss
Friday, November 16, 2018 Oil is poised for a sixth weekly loss, trading near $57 a barrel.

Crude Oil Up and Gas Continues Wild Ride
Thursday, November 15, 2018 Crude oil futures continued to recover Thursday while natural gas' robust rally reversed course.

OPEC+ Said to Weigh Bigger Production Cut
Thursday, November 15, 2018 OPEC+ is considering cutting oil output by more than the 1 million barrels a day Saudi Arabia proposed earlier this week, according to people familiar with the matter.

Oil Trades Near $56
Thursday, November 15, 2018 Oil traded near $56 a barrel after snapping a record losing streak.

Crude Oil Recovers and Natural Gas Roars
Wednesday, November 14, 2018 One day after tumbling more than 7%, the December WTI crude oil futures price recovered slightly.

Oil's Collapse Deepens
Wednesday, November 14, 2018 Oil showed little sign of recovering from its unprecedented decline.

How Will Oil's Freefall End?
Wednesday, November 14, 2018 Oil's record losing streak has plunged prices into a bear market and is reverberating around the globe.

Crude Oil Futures Plunge
Tuesday, November 13, 2018 Surging US crude oil output and worries about an economic slowdown contribute to a steep decline in crude oil futures.

Oil Extends Record Losing Streak
Tuesday, November 13, 2018 Oil fell for a 12th consecutive session in its longest losing streak on record.

Crude Oil Benchmarks Set Record
Monday, November 12, 2018 The WTI and Brent crude oil benchmarks set records - but not the kind that oil producers typically like.

Oil Climbs After Record Run of Losses
Monday, November 12, 2018 Oil climbed after a record run of losses as Saudi Arabia said it will reduce crude sales in December and speculation rose that OPEC and its allies will cut output next year.

WTI Drops Below $60
Friday, November 09, 2018 Crude oil futures declined again Friday, but the key natural gas benchmark got a late-week boost from a Canadian cold blast.

Oil Teeters Near Record Losing Streak
Friday, November 09, 2018 Oil's set for its longest stretch of declines on record after entering a bear market.

Crude Oil Has Another Down Day
Thursday, November 08, 2018 The December WTI fell by nearly 2 percent Thursday.

Oil Market Faces Precarious Few Months
Thursday, November 08, 2018 The oil market faces a precarious few months, according to Wood Mackenzie.

Oil Trades Near $62
Thursday, November 08, 2018 Oil was steady after 8 days of losses.

WTI Settles Below $62
Wednesday, November 07, 2018 Both the WTI and Brent contracts ended the day lower during midweek trading.

Oil Poised for Longest Losing Run Since 2014
Wednesday, November 07, 2018 Crude's set for the longest losing streak since 2014 as concerns of a supply crunch ease.

Crude Oil Settles Lower
Tuesday, November 06, 2018 Both the WTI and Brent crude oil prices ended the day lower.

Trading in Biggest Natural Gas ETF Heats Up
Tuesday, November 06, 2018 Trading in the largest exchange-traded fund tracking natural gas futures is heating up as the US faces a cold blast.

Start of Very Strong Cycle for Oil and Gas
Tuesday, November 06, 2018 We're at the beginning of a very strong cycle for oil and gas, according to Halliburton's CEO.

Oil Could Hit $100 If Supply Crunch Worsens
Tuesday, November 06, 2018 Oil prices are likely to be 'biased to the upside' for the rest of the year, according to Citigroup Inc.

Oil Trades Near 7-Month Low
Tuesday, November 06, 2018 Oil held near the lowest level in 7 months as concerns over a supply crunch eased after the U.S. granted waivers to 8 governments to continue buying some Iranian crude.

Brent Crude, Natural Gas Post Gains
Monday, November 05, 2018 Crude oil futures posted mixed results Monday.

Crude Extends Decline
Monday, November 05, 2018 Oil extended its decline to a sixth day.

Crude Oil Down Six-plus Percent for Week
Friday, November 02, 2018 The ongoing slump in global and US stock markets has dampened the energy demand outlook, and a stronger US dollar earlier this week hasn't helped.

WTI Falls Below $64
Thursday, November 01, 2018 Thursday was another down day for crude oil futures.

Oil Extends Losses Near $65
Thursday, November 01, 2018 Oil extended losses near $65 a barrel after the worst month in more than 2 years.

Crude Oil Extends Downward Trend
Wednesday, October 31, 2018 Crude oil continued its downward momentum that began at the beginning of this week.

Oil Set for Biggest Monthly Slide Since 2016
Wednesday, October 31, 2018 Oil's set for its biggest monthly drop since 2016 as the specter of a slowdown in the global economy haunts the market.

Crude Oil Settles Lower
Tuesday, October 30, 2018 The WTI and Brent crude oil benchmarks ended the day lower Tuesday.

BP Unleashes Cash Bet That Oil Will Stay High
Tuesday, October 30, 2018 BP is gearing up to leave European competitors in the dust, at least when it comes to spending the industry's enormous cash pile.

Oil Holds Losses
Tuesday, October 30, 2018 Oil held losses near $67 a barrel on speculation that an escalating trade dispute between the United States and China will dampen global growth at a time when American crude inventories are growing.

Crude Oil Falls on Glut Fears
Monday, October 29, 2018 The two key crude oil benchmarks settled lower amid fears of a potential supply glut.

Oil Trades Below $68
Monday, October 29, 2018 Oil traded below $68 a barrel as traders assessed mixed supply signals from producers.

Crude Oil Down Two-plus Percent for Week
Friday, October 26, 2018 The WTI and Brent crude oil futures contracts ended down for another week.

Oil Looks Vulnerable from Short Term Perspective
Friday, October 26, 2018 From a short-term and technical perspective, oil looks vulnerable.

Oil Set for Another Weekly Loss
Friday, October 26, 2018 Oil is poised for the longest weekly losing streak since August.

Oil Prices Edge Upward Amid Tug-of-War
Thursday, October 25, 2018 The slight uptick occurred as various factors continue to pull the oil market in different directions.

OPEC Could Cut Production in 2019
Thursday, October 25, 2018 OPEC signaled it could cut output in 2019 due to concerns about rising oil inventories and economic uncertainty.

Oil Resumes Slide
Thursday, October 25, 2018 Oil fell near the lowest level in 2 months as a rout in U.S. stocks prompted investors to flee risk assets and as American crude inventories continued to rise.

WTI Settles a Tad Higher
Wednesday, October 24, 2018 WTI crude oil futures contract reversed its recent downward course Wednesday – at least to a small degree.

Oil Holds Loss Near Lowest Level in Over 2 Months
Wednesday, October 24, 2018 Oil held losses near the lowest level in more than 2 months as Saudi Arabia pledged to offset any supply shortfalls and as global investors shunned risk assets.

Crude Oil Down Four Percent
Tuesday, October 23, 2018 Front-month crude oil futures each lost more than 4%.

Four Things to Do with $100+ Oil
Tuesday, October 23, 2018 How can oil companies apply in a boom period what they were forced to learn in the most recent bust?

Oil Falters Below $70
Tuesday, October 23, 2018 Oil faltered below $70 a barrel as Saudi Arabia said it has no intention of using its oil wealth as a political tool and as American crude stockpiles were seen gaining for a fifth week.

Oil Closes Below $70
Monday, October 22, 2018 Crude settles below $70 a barrel for a fourth straight session as Saudi Arabia backs away from using its oil wealth as a diplomatic hammer and American inventories expand at the fastest pace in more than a year and a half.