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Oil futures rose as natural gas prices surge globally
October 4, 2021
Recap: Oil futures rose on Friday, with Brent trading above $79 a barrel, supported by tight supplies and the upcoming meeting between OPEC and its allies, which is set to take place on Monday. Oil is also finding support as a surge in natural gas prices globally prompts power p ...
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Oil futures finished mixed on Tuesday
February 24, 2021
Recap: After a choppy trading session, oil futures finished mixed on Tuesday, with WTI losing a few cents, and Brent squeezing out a fresh 13-month high. WTI traded higher in post settlement trading but remained below its multi month high made earlier in the session. Oil prices f ...
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Oil futures crept higher on Wednesday
January 21, 2021
Recap: Oil futures crept higher on Wednesday, as Joe Biden was sworn in as the forty-sixth President of the United States, lifting hopes that he and his administration will roll out an aggressive pandemic package that would spur the economy. This follows Janet Yellen’s, Biden’s n ...
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Crude oil futures gained for the second straight day on Tuesday
October 7, 2020
Recap: Crude oil futures gained for the second straight day on Tuesday, as Hurricane Delta intensified as it approaches the Yucatan peninsula and is headed toward the Gulf of Mexico. This comes on the heels of a strike in Norway, which has disrupted output in that region. Oil com ...
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Oil prices marked tenth consecutive session of losses
November 12, 2018
Recap: U.S. oil prices fell to fresh multi-month lows on Friday, marking the tenth consecutive session of losses. Increasing global supplies continue to spread fear that fuel demand will suffer, as trade wars between China and the U.S. continue to raise concern over a weakening g ...
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