Oil futures trim losses after fall in U.S. crude inventories
Oil futures trimmed losses Wednesday, after government data showed U.S. crude inventories fell last week and traders awaited a Federal Reserve decision that’s fully expected to deliver a rate cut.
Crude oil prices today: WTI prices are up 0.90% today
WTI futures traded around $70.30 per barrel, as of 9 a.m. ET. That’s an increase of 0.90% in the last 24 hours.
Crude Oil Price Forecast – Crude Oil Continues to Show Signs of Life
The crude oil market continues to bounce a bit on each successive drop, as the demand for oil seems to be a factor, but the fact that the market has sold off so much could also bring in the value hunters at these low levels.
Oil prices edge higher on US crude stocks
Oil prices were up on Wednesday on falling crude inventories in the United States, whiles the market cautiously awaited rate cut details from the Federal
U.S. Crude Oil Inventories Decrease Much More Than Expected
A report released by the Energy Information Administration on Wednesday showed crude oil inventories in the U.S. fell by much more
U.S. Crude Oil Stockpiles Seen Down in Week Ended Sept. 13
Commercial crude oil stockpiles are forecast to be down by 1 million barrels, at 418.1 million barrels, for the week ended Sept. 13, according to the average estimate of 10 analysts and traders. Seven expect a decline and three predict an increase.
U.S. crude oil trades above $70 per barrel as Gulf of Mexico production recovers
U.S. crude oil is down more than 13% this quarter, while Brent has fallen nearly 16% as demand slows in China.
Brent Crude Oil should surpass $80/bbl, bearish sentiment is ‘overdone’ - UBS
UBS analysts believe concerns about hurricane disruptions should not discourage investors on crude oil. Brent Crude Oil ...
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Crude oil prices today: WTI is down 1.18%, Brent Crude is up 0.47%
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $95.52 on Sep. 27, 2023. That’s 27.27% higher than the current futures price. Brent futures ...
Brent crude crashes 25% YTD on soft demand: Should you buy OMC stocks? D-Street experts pick ONGC, Oil India
Brent crude crashed to a three-year low last week. Ahead of the US Federal Reserve policy decision, crude oil is teetering on ...
Citigroup Sees Brent Crude Rallying to $75/bbl, But Ending 2025 at $60/bbl -- OPIS
Citigroup on Sunday said it believes OPEC and allied producers, known as OPEC+, will likely extend current output cuts into 2025 and predicted Brent crude prices could rally to $75/bbl or more over ...
Brent crude prices hover near 3-year low: 5 reasons why oil's market value is falling globally
From forecast by Opec+ and expectations of softened demand in US, China, and Asia, to progress on the Gaza ceasefire deal, ...
US crude stockpiles fall, gasoline and distillates build, EIA says
U.S. crude oil stockpiles fell while gasoline and distillate inventories rose last week, the Energy Information ...
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Brent crude oil price plunges to November 2021 lows on demand worries
Brent crude oil price plunges to November 2021 lows on demand worries but supply concerns due to a hurricane hitting the US ...
Oil gains nearly 2% on hurricane impact, US Fed rate cut expectations; brent crude at $73.01/bbl
By 1315 GMT, Brent crude futures for November rose by $1.40, or 1.96%, reaching $73.01 a barrel. Meanwhile, U.S. crude ...
India scraps windfall tax on petroleum crude
The Indian government has cut the windfall tax on petroleum crude to zero from 1,850 rupees per metric ton, effective from ...