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Futures Movers: Oil logs 9% weekly rise — biggest since late 2016; refinery fire jolts gasoline futures
Oil futures gain on Friday, with U.S. prices tallying a rise of almost 9% for the week and highest settlement this month, while gasoline futures rally in the wake of a fire at a 150-year-old refinery complex in Philadelphia......»»
Futures Movers: Middle East tensions lift oil, but weaker demand prospects push prices down for the week
Crude-oil futures settle higher on Friday, a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of oil. Despite a rally on Thursday, however, prices suffer a loss for the week......»»
Futures Movers: Oil climbs as Strait of Hormuz stays in focus, but weaker demand prospects push prices lower for the week
Crude oil futures climb on Friday, a day after an attack on two tankers in the Strait of Hormuz triggered concerns about disruptions to the global flow of oil. Despite a rally on Thursday, however, prices face losses for the week......»»
Futures Movers: Oil ends higher as investors await inventory data
Oil futures finish higher on Tuesday, with U.S. prices rebounding after dropping to a more than one-week low a day earlier, as investors await weekly petroleum data, which may reveal a fourth straight weekly rise in domestic crude inventories......»»
Futures Movers: Oil prices rally as supply worries take the spotlight
U.S. and Brent crude oil prices were climbing on Tuesday, shaking off early-week losses as supply worries return to the fore for investors......»»
Futures Movers: Oil wavers after recent rally in lead-up to expected Saudi-Russia output cut
Oil futures see mixed trading Tuesday, with U.S. prices making moves in either direction, after a strong start to the week on bullish optimism ahead of an OPEC meeting that is increasingly expected to result in a production cut......»»
Futures Movers: Oil slips, can’t extend Friday’s OPEC-led price surge
Oil futures churn lower on Monday in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»
Futures Movers: Oil declines, fails to extend Friday’s OPEC-led price surge
Oil futures move lower Monday in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»
Futures Movers: Oil ends at a 1-week low after failing to extend Friday’s OPEC-led price surge
Oil futures settle at their lowest in roughly a week on Monday, in a bout of consolidation after an announced OPEC-led production cut on Friday triggered a rally in prices for the session and the week......»»
Futures Movers: Oil prices decline, on track to register losses for the week
Oil futures move lower on Friday, with concerns about growing supply and weakening appetite for energy, as global cases of COVID rise abroad, help set prices up to post losses for the week......»»
Futures Movers: Oil prices settle lower as Suez Canal reopens; focus shifts to OPEC+
Oil futures settled lower on Tuesday, as ships resumed moving through the Suez Canal and traders turn their attention to a meeting of the Organization of the Petroleum Exporting Countries and its allies this week......»»
Futures Movers: Oil prices remain under pressure after largest weekly slide since October
Crude-oil futures add to losses Monday morning, after last week producing their largest weekly loss since October as worries over renewed lockdowns and a sluggish vaccine rollout in parts of Europe continued to dog energy markets......»»
The Tell: Why Goldman Sachs sees a ‘buying opportunity’ in oil’s recent selloff
Oil futures post a loss of more than 6% this week, the largest since October, but analysts at Goldman Sachs this week suggest that prices are merely taking a break from a rally in crude that's set to continue......»»
Futures Movers: Oil prices end lower as U.S. supply climbs a 4th week and after IEA deems supercycle unlikely
Oil futures end lower on Wednesday, after the U.S. government reported a fourth consecutive weekly climb in domestic crude inventories and International Energy Agency deemed a “supercycle” for the commodity unlikely......»»
"Big Rally" In Soybean Prices Draws Increased Planting Interest
"Big Rally" In Soybean Prices Draws Increased Planting Interest For months readers may recall our agriculture notes (read: here & here) on exploding soybean prices. Just last week, soybean futures hit levels not seen since 2014. Expl.....»»
Futures Movers: Oil prices decline, on track to extend last week’s loss
Oil futures move lower on Monday, looking to extend losses from last week after Brent crude failed to hold above the key $70 mark, despite signs of strong demand out of China......»»
Futures Movers: Brent crude hovers just under $70 after Saudi oil facilities attacked
Oil prices were swinging into focus to start the week as tensions heated up between Saudi Arabia and Yemen......»»
Futures Movers: Oil ends mixed as traders eye Texas output recovery and next week’s OPEC+ meetings
Oil futures end mixed Tuesday, with U.S. prices down a few penn.....»»
Futures Movers: Oil prices rally as U.S. output expected to see slow thaw from winter storms
Oil futures climb Monday to settle at their highest in more than a year, as traders look for a slow recovery in output following winter storms that knocked U.S. producers and refineries offline......»»
Futures Movers: Oil prices move up as U.S. supplies fall a 4th straight week and Texas deep freeze continues
Oil futures shake off earlier losses Thursday after a U.S. government report showed a fourth straight weekly decline in domestic inventories, as traders weighed the impact of the deep freeze in Texas on energy production and demand......»»