Natural gas futures fall as traders watch EIA report for direction. Weak demand and mild weather add bearish pressure. Will ...
WTI crude oil consolidates near the long-term support zone, while natural gas pulls back after testing strong resistance at ...
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...
Oil prices seem to have corrected a bit higher over the past two days and today we are to discuss the main issues that seem ...
The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.
Yesterday’s Settlement: 66.25, up +0.22 [+0.33%] WTI Crude Oil futures were dragged lower after Ukraine announced they had accepted a U.S. led ceas ...
Near term action, however, may hold in prolonged consolidation above $65.26 support, which should be ideally capped by ...
ET - Oil futures are giving back some of the previous session's gains with market concerns over the demand outlook and the potential economic impact of trade tariffs weighing on sentiment. The IEA ...
President Trump on Tuesday imposed new retaliatory tariffs on Canada and insisted the only solution was for the country to ...
Brent crude prices are rising due to lower-than-expected U.S. oil and fuel supplies and revised EIA forecasts for smaller oil surpluses in 2025 and 2026. Libya has restarted oil production at the ...
U.S. oil prices were ahead by more than 2.2% at 11:45 a.m. ET, with the NYMEX April West Texas Intermediate crude contract climbing $1.47 to 67.72/bbl and May prices moving $1.44 higher to $67.37/bbl.
The US Energy Information Administration (EIA) anticipates that the country’s crude oil and natural gas production will reach record levels this year, along with demand for natural gas and ...