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Oil Futures Slipped From Fresh Seven-Year Highs on Friday

January 31, 2022
Recap: Oil futures slipped from fresh seven-year highs on Friday, as equities wavered and the dollar’s strength weighed on prices. Oil has rallied most of the week with physical supplies appearing extremely tight. Key swaps tied to the North Sea market are trading at their strong ... Read More
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Brent climbed above $90 a barrel for the first time in seven years

January 28, 2022
Recap: Oil futures reversed early gains, but held close to seven highs as Russia tensions offset U.S. Federal Reserve plans to implement money tightening policies. Crude prices surged on Wednesday, with Brent climbing above $90 a barrel for the first time in seven years amid tens ... Read More
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Oil Futures Rallied on Wednesday, With Both WTI and Brent Reaching Seven Year Highs

January 27, 2022
Recap: Oil futures rallied on Wednesday, with both WTI and Brent reaching seven year highs. Prices were supported by tight supplies and rising political tensions between Russia and Ukraine which added to concerns about further disruption in an already tight market. Producers cont ... Read More
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Oil futures reversed early losses on Tuesday on concerns supplies could become tightened

January 26, 2022
Recap: Oil futures reversed early losses on Tuesday on concerns supplies could become tightened due to Ukraine-Russia tensions, threats to infrastructure in the United Arab Emirates and OPEC+ struggling to hit its targeted monthly output increase. The rise in oil prices came desp ... Read More
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Oil Futures Fell Almost 2% on Monday, As Talk of a Rate Hike by the U.S. Federal Reserve Led to a Risk-Off Selling Fury by Investors

January 25, 2022
Recap: Oil futures fell almost 2% on Monday, as talk of a rate hike by the US Federal reserve led to a risk-off selling fury by investors, who fear that a rate hike may come sooner than expected. Equities also tumbled, while the dollar rose, adding pressure on crude oil prices. S ... Read More
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Oil Futures Traded Lower on Friday, Marking the Second Straight Session of Losses

January 24, 2022
Recap: Oil futures traded lower on Friday, marking the second straight session of losses, after oil prices had reached a new seven year high earlier in the week. It appeared that the oil markets did find some spill over impact from the risk of trading actions taken by traders in ... Read More
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The Rally in Oil Prices Came to a Halt on Thursday After the EIA Reported an Almost 6 Million Barrel Increase in U.S. Gasoline Stocks

January 21, 2022
Recap: The rally in oil prices came to a halt on Thursday after the EIA reported an almost 6 million barrel increase in U.S. gasoline stocks, which bulls in the market insisted will not be a rally-killer in a market focused on global demand and supply disruptions. Over the past t ... Read More
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Oil Futures Climbed Again on Wednesday to Settle at Their Highest Level in More Than Seven Years

January 20, 2022
Recap: Oil futures climbed again on Wednesday to settle at their highest level in more than seven years, after a pipeline fire temporarily disrupted crude flows from Iraq to Turkey and the International Energy Agency raised its forecast for 2022 demand. Supply concerns also mount ... Read More
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Oil Futures Rose on Tuesday, Climbing to Their Highest Level Since 2014

January 19, 2022
Recap: Oil futures rose on Tuesday, climbing to their highest level since 2014 as possible supply disruption after attacks in the Mideast Gulf added to an already tight supply outlook. Both Brent and WTI rose to their highest level since October 2014, with Brent hitting a session ... Read More
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Oil Futures Rose on Friday, Gaining Support from Tightening Supplies

January 17, 2022
Recap: Oil futures rose on Friday, gaining support from tightening supplies and worries of a Russian attack on neighboring Ukraine, pushing prices to their fourth weekly gain despite sources saying China is set to release crude reserves around the Lunar New Year. A weaker U.S. do ... Read More
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