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Oil & Gas Trade
It's Time For Traders To Take Advantage Of High Oil Prices
Citigroup is advising traders to sell their positions on oil and use the proceeds to hedge against a decline in equity markets, Bloomberg reports, citing a note…
Oil Price
Russian Economy will not be Under Serious Pressure Even if Oil Prices Drop to $40
The Russian economy will not be under serious pressure even if oil prices drop to $40 per barrel, Russian Economic Development Minister Maksim Oreshkin said.
Oil Price
Oil prices Fell on Monday after New Tariffs Imposed By Trade War
Oil prices fell on Monday after new tariffs imposed by the United States and China came into force, raising concerns about a further hit to global growth and de…
Oil Price
US Refined Product Stocks Build Higher than Expected
Oil prices slipped on Thursday, paring earlier gains, weighed down by lingering worries about the global economy and bigger-than-expected builds in oil product …
Crude
Oil Prices held Steady After the Energy Information Administration
Oil prices held steady on Wednesday morning after the Energy Information Administration today reported a draw of 2.7 million barrels in crude oil inventories.
Oil & Gas Trade
U.S.-China Trade Tensions would Ease and on Hopes, Crude Oil Prices held mostly Steady
Crude oil prices held mostly steady on Tuesday on optimism that U.S.-China trade tensions would ease and on hopes that major economies would enact stimulus meas…
Oil Price
US and China Provided Some Volatility to Crude Prices
Crude oil futures were higher during mid-morning trade in Asia Monday, finding support from OPEC's latest monthly oil market report while uncertainty on the ong…
Oil Price
Oil Prices Continued to Rally Yesterday as the Trade War Stoked Fears
Oil prices continued to rally yesterday, following reports that the United States has decided to delay the next round of tariffs that were to be imposed on Chin…
Oil Price
Crude Oil Futures Retreated from Overnight Highs
Crude oil futures retreated from overnight highs, spurred by signs of a thaw in US-China tensions, during mid-morning trade in Asia Wednesday on profit-taking f…
Oil Price
The EIA Predicts that Natural Gas will Forms 37% of the US' Energy in 2019
The US Energy Information Administration (EIA) released its short-term energy outlook (SEO) on 6 August, outlining the country’s energy production in 2019 and …
Oil Price
Oil prices Fell on Friday Amid Fears Over Demand as the U.S-China Trade
International benchmark Brent crude futures, were at $57.20 a barrel by 0324 GMT, down 18 cents, or 0.3%, from their previous settlement. U.S. West Texas Interm…
Oil & Gas Trade
Oil Prices Steady, U.S.-China Trade War Dispute Remains in Focus
Oil prices steadied on Wednesday after falling at the start of the session, with the potential for damage to the global economy and fuel demand from the intensi…
Oil & Gas Trade
Oil Prices Nosedive 8% on Trump Tariff Threat
Trump's vow to impose a 10% tariff on another $300 billion of US imports from China is worrying investors that a severe economic slowdown could eat into demand …
Oil & Gas Trade
Oil Slumps 7% As Trump Annouces Additional Tariffs on Chinese Imports
Oil prices plummeted more than 7% on Thursday, with the U.S. benchmark posting its worst day in more than four years, after President Donald Trump said he would…
Oil & Gas Trade
US Sanctions Have Taken 95% of Iranian Crude Oil Exports Off The World Market
In an appearance at The Economic Club of Washington, DC, Pompeo said sanctions, which were fully imposed in May, have had seemingly no impact on global crude oi…
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