Commodity Prices News

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Oil Hits Two-Month High
Friday, January 18, 2019 Oil prices climbed to a two-month high as China was said to offer a trillion-dollar buying spree to defuse trade tensions with the world’s biggest economy.

Oil is Going to be Very Much Demand Driven
Friday, January 18, 2019 Oil is going to be very much demand driven, according to Arqaam Capital.

Oil Retreats Near $52
Thursday, January 17, 2019 Oil retreated near $52 a barrel as investors assessed surging U.S. production against output curbs pledged by some of the world's top suppliers.

Crude Oil Settles Lower
Thursday, January 17, 2019 The American Petroleum Institute also reported a sharp year-on-year increase in well completions.

Oil Holds Gain Near $52
Wednesday, January 16, 2019 Oil held gains near $52 a barrel on optimism the OPEC+ coalition's production curbs will clear a supply glut.

Canadian Oil Grades Weaken
Wednesday, January 16, 2019 Prices for Canadian oil fell relative to U.S. futures as Alberta Premier Rachel Notley expressed hope her government would be able to back off mandatory production curtailments in April.

Oil Futures Edge Upward
Wednesday, January 16, 2019 Despite cold temps in much of the US, natural gas is down again.

Oil Halts Drop Near $51
Tuesday, January 15, 2019 Oil halted its retreat near $51 a barrel on forecasts for a drop in U.S. inventories and as a rebound in equities signaled investor interest in risk assets was improving.

Crude Oil Bounces Back
Tuesday, January 15, 2019 Tuesday's trading bolstered the case for the 2019 crude oil comeback story.

Oil Retreats as Risk Appetite Shrinks
Monday, January 14, 2019 Oil extended its retreat as investor appetite for risk assets shrank.

Saudis Say OPEC+ Cuts Provided US Shale Lifeline
Monday, January 14, 2019 Saudi Arabia's energy minister has no quarrels with U.S. shale and even sees output cuts by OPEC and its allies as directly aiding American drillers.

Demand Biggest Psychological Headwind for Oil
Monday, January 14, 2019 Demand is the biggest psychological headwind for oil right now, according to RBC Capital Markets.

Crude Oil Slides Again
Monday, January 14, 2019 Oil and natural gas futures moved in opposite directions.

Oil Set for Biggest Weekly Gain in 2 Years
Friday, January 11, 2019 Oil headed for its biggest weekly gain in over 2 years on hopes that OPEC will manage to shrink a glut and trade tensions between the US and China will ease.

Analysts Outline Latest Oil Price Forecasts
Friday, January 11, 2019 Analysts at Fitch Solutions Macro Research forecast that the price of Brent will average $75 per barrel in 2019, a new report has revealed.

Crude Oil Ends Winning Streak
Friday, January 11, 2019 Nevertheless, there's evidence that bullish sentiment is growing in the oil market.

Oil Takes Breather After Bull Market Breakout
Thursday, January 10, 2019 Oil's taking a breather after bursting into a bull market.

Crude Oil Rally Subsides
Thursday, January 10, 2019 Thursday's day-on-day price gains were relatively modest.

Oil Extends Longest Rally in 1.5 Years
Wednesday, January 09, 2019 Oil rose back above $50 a barrel, extending its longest rally in 1.5 years.

Crude Oil Surges Above Thresholds
Wednesday, January 09, 2019 The WTI's breakout may be stronger than anticipated.

Oil Holds Above $48
Tuesday, January 08, 2019 Oil held gains after its longest rally in almost 1.5 years.

Proper Oil Price Rebound May Come by 1Q-End
Tuesday, January 08, 2019 A proper oil price rebound may come by the end of the first quarter.

Canadian Crude Surges
Tuesday, January 08, 2019 Heavy Canadian crude surges to the strongest level in more than a year.

Crude Oil Flirts with $50
Tuesday, January 08, 2019 The WTI approached a psychologically important milestone Tuesday.

Critics Say Trump Is Giving Oil Industry a Bye in Shutdown
Tuesday, January 08, 2019 The Trump administration is working overtime to make sure the shutdown doesn't halt oil drilling too - in ways critics say may flout federal law.

Oil Extends Gains
Monday, January 07, 2019 Oil is headed for its longest rally in more than 17 months as the U.S. Federal Reserve sought to soothe investor concerns and on signs of slowing American production.

Oil Market is Oversold
Monday, January 07, 2019 At current levels, the oil market is oversold.

Crude Oil Uptick Continues
Monday, January 07, 2019 Both WTI and Brent contract prices exhibited positive momentum during the early week session.

Oil Heads for Biggest Weekly Gain Since 2017
Friday, January 04, 2019 Brent crude heads for its biggest weekly gain since July 2017 as OPEC's production cuts outweigh concerns over the health of the global economy.

Trump Credits Own 'Talent' for Oil Prices
Friday, January 04, 2019 President Donald Trump said OPEC 'is essentially a monopoly,' even as he credited his own 'talent' for having brought down oil prices.

Crude Oil Continues Ascent
Friday, January 04, 2019 Bullish sentiment in the crude oil market for the initial trading days of 2019 continues.

Oil Rises to Near Two-Week High
Thursday, January 03, 2019 Oil increased in New York as worries over signs of slower economic growth in China were countered by OPEC's production cutbacks.

The State of Oil in 2019
Thursday, January 03, 2019 So, what will be the state of oil in 2019? Executives, money managers and analysts weigh in.

Natural Gas Market Braces for Slump
Thursday, January 03, 2019 European natural gas prices look set to fall for the first time in four years in 2019.

Dallas Fed: Oil and Gas Firms Start 2019 with Raised Uncertainty
Thursday, January 03, 2019 The latest quarterly energy survey by the Dallas Fed indicated a significant slowdown in sector growth following a decline in oil prices.

Crude Oil Rises Again
Thursday, January 03, 2019 Oil prices settled higher for the second straight trading day of 2019.

Oil Begins 2019 With Renewed Slide
Wednesday, January 02, 2019 Oil started 2019 with another price slide as weaker Chinese manufacturing data pointed to slowing demand and to growing risks of a global crude surplus.

Crude Oil Starts 2019 with Gains
Wednesday, January 02, 2019 Crude oil futures showed upward momentum on the first trading day of 2019.

Oil Set for First Annual Decline Since 2015
Monday, December 31, 2018 Oil headed for its first annual decline since 2015, slumping more than 20 percent in a turbulent year.

Bonds Beckon OPEC's Top Arab Producers in 2019
Monday, December 31, 2018 Gulf Arab energy companies are expected to borrow more in 2019 to finance expansion plans after rising oil prices triggered a sharp retreat from debt markets in 2018.

Crude Oil Ends 2018 in the Red
Monday, December 31, 2018 The WTI and Brent crude oil benchmarks posted gains on the final trading day of 2018.

Oil Edges Higher to End Turbulent Trading Week
Friday, December 28, 2018 Even a minuscule decline in US stockpiles was enough to give oil prices a boost after a turbulent week of trading.

Oil Watchers See $70 a Barrel in 2019
Friday, December 28, 2018 The world's biggest banks are reckoning on a rebound in oil prices next year as fears of a recession prove misplaced.

US Oil Delivers One-two Punch to Middle East Producers
Thursday, December 27, 2018 The US oil industry is delivering a one-two punch to Middle East producers already reeling from a collapse in prices.

Oil Roller-Coaster Ride Hits Another Drop
Thursday, December 27, 2018 Crude's rollercoaster ride pressed on with oil taking a turn lower along with US stocks.

Oil Rebounds as Market Chaos Cloaks OPEC+ Cuts
Wednesday, December 26, 2018 Oil in London dipped below $50 a barrel for the first time since July 2017 before recovering.

Oil Set for Weekly Drop
Friday, December 21, 2018 Oil's poised for its biggest weekly drop in a month.

What is Driving the Oil Price Down?
Friday, December 21, 2018 What is really driving the price movement?

What Will Oil Prices Be In 2019?
Friday, December 21, 2018 WTI is now forecast to range below the $72 to $80 mark that was projected a few months ago.

Crude Oil Down 11 Percent for Week
Friday, December 21, 2018 Both the WTI and Brent crude oil benchmarks have sustained double-digit losses since last week.