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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 ... Read More

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 ... Read More

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 ... Read More

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 ... Read More

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 ... Read More