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Energy & Utilities Roundup: Market Talk
1506 ET – Oil futures settle higher in a day of ups and downs. The EIA reported an unexpected weekly crude stock draw, with lower imports offsetting an in…
Crude Oil
Oil Prices Rise on US Crude Draw; Jobs Data Feeds Rate Cut Hopes
An aerial view shows a crude oil tanker at an oil terminal off Waidiao island in Zhoushan, Zhejiang province, China January 4, 2023. China Daily via REUTERS/Fil…
Oil Price
Oil Climbs After Saudi Arabia Hikes Prices
A view shows the Yan Dun Jiao 1 bulk carrier in the Vostochny container port in the shore of Nakhodka Bay near the port city of Nakhodka, Russia August 12, 2022…
Biofuel
VEGOILS-Palm Falls Over 3% After News of Smaller-Than-Expected US Biofuel Mandate
Malaysian palm oil futures fell more than 3% on Wednesday following news of a U.S. plan to implement a smaller biofuel mandate than it had initially proposed.Th…
Crude Oil
Oil Futures up 3PC on Strong China Refinery Data
HOUSTON: Oil prices gained about 3 % to a one-week high on Thursday as the US dollar weakened and data showed a jump in refinery runs in top crude importer Chin…
Oil Price
Oil Prices Fall on Demand Concerns
Crude oil futures prices dropped on Monday due to concerns over demand and strength in the U.S. dollar.The West Texas Intermediate (WTI) for June delivery decre…
United States
Oil Prices Rise After Surging 3% On China Recovery Optimism
Pump jacks at an oilfield in Texas. Oil futures gained despite a surprise rise in US crude stocks.Oil prices rose on Thursday after surging by about 3 per cent …
Oil Price
Oil Prices Rise After Saudi Says OPEC Could Cut Output
Oil prices edged up on Tuesday, after Saudi Arabia warned that OPEC could cut output to correct a recent drop in oil futures.
Crude Oil
Oil Rises as Uncertainty Around Supply Persists
Oil futures rose in early trading on Tuesday as the potential for more sanctions following alleged war crimes by Russian troops in Ukraine added to concerns abo…
Crude Oil
Oil Futures: Price Rebound Continues on Prolonged War Fears, Brent up 2%
Crude oil futures in Asian trading hours Friday continued the upwards trend amid growing concerns over a prolonged war in Ukraine and renewed fears over the thr…
Oil Futures Open Higher on IEA Supply Warning
Oil futures rose in early trading on Thursday, recovering some of the prior day's losses, after IEA said a decline in oil demand due to higher prices would not …
Crude Oil
Crude Prices Fall as Optimism Grows on Russia-Ukraine Peace Talk
Crude oil futures were lower in Asian trading March 14 as Russia-Ukraine peace talks continue even as attacks increase in western Ukraine near Poland.
Oil Price
Oil Futures: Brent Rebounds amid OPEC+ Output Uncertainty, Above $ 115/b
Crude oil futures in early European trading hours Thursday were trending higher as markets stabilized after the previous session's huge price retreat, which cam…
Oil Price
Brent Oil ‘Scarcity Premium’ Widens as $100 a Barrel Forecast
The scarcity premium embedded in the structure of Brent crude oil futures has widened to the most since 2013 this week, a sign of the tight market underpinning …
Crude Oil
Oil Prices Slide on Worries over China Economy and Higher Crude Output
Brent crude oil futures skidded 81 cents, or 1%, to $74.60 a barrel by 0116 GMT.
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