Commodity Prices News

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Oil Prices Mixed for the Week
Friday, March 22, 2019 Both the WTI and Brent fell Friday, but one remains slightly positive for the week.

Oil Set for Third Weekly Gain
Friday, March 22, 2019 Oil is poised for a third weekly advance, buoyed by the biggest drop in American crude stockpiles since July at a time when the OPEC+ coalition is pressing on with its output curbs.

Crude Oil Misses Milestone
Thursday, March 21, 2019 Both the WTI and Brent contracts faltered Thursday.

Oil Stays Above $60
Thursday, March 21, 2019 Oil held above $60 a barrel after the biggest withdrawal of crude in American storage tanks since July raised speculation that global supplies are tightening.

Oil Price Clears $60-mark
Wednesday, March 20, 2019 Both the WTI and Brent contract prices finished the day higher.

Trump Guides Don't See High Oil Prices as All Bad
Wednesday, March 20, 2019 Higher oil prices may not always be a bad thing for the U.S. economy, according to a White House report.

Oil's Rally Stalls Near $59
Wednesday, March 20, 2019 Oil's rally stuttered as uncertainty over the status of trade negotiations between the U.S. and China stoked concerns over global economic growth.

Oil Prices Mixed Amid OPEC+ Uncertainty
Tuesday, March 19, 2019 Things may not be what they seem on the OPEC+ production cut front.

Oil Holds Gains
Tuesday, March 19, 2019 Oil held gains near the highest level this year after OPEC and its partners committed to continue production cuts until at least June.

Oil Price Getting Closer to Key Threshold
Monday, March 18, 2019 WTI and Brent post gains on bullish signs.

Oil Slips
Monday, March 18, 2019 Oil slipped from near a four-month high as OPEC and its allies met in Azerbaijan Monday and recommended deferring a decision on whether to extend oil production cuts until June.

Oil Prices Up for the Week
Friday, March 15, 2019 The WTI is up 4.4 percent and the Brent 2.1 percent.

Oil Expected to Rally into Summer
Friday, March 15, 2019 Merill Lynch expects oil to rally into the summer.

Oil Set for Weekly Gain
Friday, March 15, 2019 Oil's poised for the best weekly rally in a month as the world's top crude producers are scheduled to discuss about extending their pledged output curbs to avert a global glut.

Oil Prices Mixed Amid Elevated Global Stocks
Thursday, March 14, 2019 The WTI continued its ascent but the Brent faltered.

Oil Pierces 4-Month High
Thursday, March 14, 2019 Oil held gains after breaching $58 a barrel for the first time this year.

WTI Clears $58
Wednesday, March 13, 2019 The WTI stayed north of $58 Wednesday.

Oil Extends Gains
Wednesday, March 13, 2019 Crude rose for a third day after an industry report showed an unexpected drop in U.S. stockpiles at a time when the world's top producers are said to be looking at a plan to extend their output curbs.

Oil Prices Up Slightly Amid Precarious Saudi Path
Tuesday, March 12, 2019 Firms such as ExxonMobil and Chevron are becoming OPEC by a different name, says analyst.

Oil Extends Gain
Tuesday, March 12, 2019 Oil rose for a second day as Saudi Arabia was said to plan extending deep supply curbs and a nationwide blackout sparked a production collapse in Venezuela.

Oil Prices Start Week Higher
Monday, March 11, 2019 The WTI spent part of Monday above the $57-mark.

Oil Rises
Monday, March 11, 2019 Oil rose as Saudi Arabia was said to extend deep supply cuts into April.

Hedge Funds Keep Betting on Oil Rally
Monday, March 11, 2019 Hedge funds keep betting on an oil rally, even with prices stuck in neutral.

Oil Prices Modestly Mixed for the Week
Friday, March 08, 2019 The WTI is up--slightly--for the week while the Brent is down--also slightly--compared to March 1 figures.

Oil Endures Stormy Week
Friday, March 08, 2019 Oil struggled to sustain a rally as prices continued to get whipsawed by fears over the health of the global economy and OPEC's progress in averting a market glut.

Oil Prices Settle Higher
Thursday, March 07, 2019 April WTI and May Brent futures edged upward Thursday.

Oil Stays Near $56
Thursday, March 07, 2019 Oil traded near $56 a barrel as investors weighed a U.S. crude-stockpile surge that threatens to undermine OPEC's bid to avert a glut against a drop in fuel inventories.

Oil Prices Finish Mixed Again
Wednesday, March 06, 2019 The Brent settled within striking distance of $66.

Oil Falls as Global Glut Fears Revived
Wednesday, March 06, 2019 Oil declined after an industry report showed a massive increase in U.S. crude stockpiles, reviving fears of a global glut.

Analysts Lower Oil Price Forecast for 2019
Wednesday, March 06, 2019 Analysts at Fitch Solutions Macro Research lower their average annual price forecast for Brent for 2019.

Oil Prices Mixed Amid China’s Economic Drag
Tuesday, March 05, 2019 The WTI and Brent benchmarks moved in different directions Tuesday.

Oil Trims Gain
Tuesday, March 05, 2019 Oil gave up some of its gains above $56 a barrel on renewed concerns the U.S.-China trade war will hurt economic growth and the prospect of output recovering from unexpected disruptions in some OPEC members.

Oil Prices Edge Upward
Monday, March 04, 2019 Positive international trade signals and a dip in rig activity buoyed oil prices.

Oil Rises as US China Trade Deal Nears
Monday, March 04, 2019 Oil climbs as the U.S. and China were said to near a deal on trade that would underpin the outlook for crude demand.

Oil Prices Down for the Week
Friday, March 01, 2019 It's been an active week in the oil market.

Oil Prices Mixed Amid Rising Global Overhang
Thursday, February 28, 2019 The WTI and Brent moved in different directions Thursday.

Saudis Slice Crude Supply to US Gulf
Thursday, February 28, 2019 Saudi Arabia sliced its crude supply to plants located on the U.S. Gulf Coast by more than half from a year ago.

Crude Oil Up By More Than $1
Wednesday, February 27, 2019 The WTI and Brent benchmarks settled higher Wednesday.

Oil Climbs the Most in a Week
Wednesday, February 27, 2019 Oil climbed the most in a week after an industry report signaled a surprise decline in U.S. oil inventories and Russia confirmed it's reducing production in line with an agreement by OPEC and its allies.

Crude Oil Prices Rebound
Tuesday, February 26, 2019 Analyst uses Hollywood-esque analogy to describe Tuesday's price movements.

Traders' Knee-Jerk Reaction to Trump OPEC Tweets
Tuesday, February 26, 2019 The first instinct of traders when they see President Trump tweeting on OPEC is to sell crude, according to Kingsview Asset Management.

Oil's Rally Fizzles
Tuesday, February 26, 2019 Oil is stumbling after a 30 percent rally since Christmas Eve as speculation swirls over whether OPEC will heed Donald Trump's call to temper prices.

Crude Oil Erases Recent Gains
Monday, February 25, 2019 The WTI posted a loss and the Brent posted an even bigger loss Monday.

Vitol Expects Oil to Rally
Monday, February 25, 2019 The world's largest energy trader says oil prices are set to rally further.

Oil Holds Near 3-Month High
Monday, February 25, 2019 Oil held gains above $57 a barrel as a U.S. move to extend a trade truce with China raised hopes that the world's 2 biggest economies would soon resolve their differences.

Crude Oil Up for the Week
Friday, February 22, 2019 The WTI is up three percent while the Brent is up 1.3 percent.

Oil Getting Lift from US-China Trade, OPEC
Friday, February 22, 2019 Crude oil is set for a second week-on-week advance.

Oil Set for Second Weekly Gain
Friday, February 22, 2019 Oil headed for a second weekly advance on signs the U.S. and China are moving closer to a trade deal, and as investors weighed the OPEC+ coalition's output cuts against surging American supply.

Crude Oil Inches Downward
Thursday, February 21, 2019 WTI and Brent futures finished the day lower.

Brent-WTI Spread Likely to Continue to Narrow
Thursday, February 21, 2019 The Brent-WTI spread is likely to continue to narrow in the near term, according to Cantor Fitzgerald Europe.