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Oil cautious on rise in U.S. drilling, Iran sanctions opposition
SINGAPORE (Reuters) - Oil prices edged lower on Monday as a relentless rise in U.S. drilling activity points to increased output, while resistance emerged in Europe and Asia to U.S. sanctions against major crude exporter Iran......»»
United States Oil (USO) energy firms last week increased the number of oil rigs operating for the second time in three weeks
United States Oil (USO) energy firms last week increased the number of oil rigs operating for the second time in three weeks Oil prices fell by around 1 percent on Monday as drilling activity in the United States, the world’s largest oil produ.....»»
Increased retail trading is "largely responsible" for elevated stock prices and record-high options activity, says Deutsche Bank
Bullish options activity has hit a record high and the size of the contra.....»»
U.S. stock market falls on plunging retail sales; oil up
U.S. stocks sank on Friday after data showed a worse-than-expected drop in retail sales and as investors worried about increased Sino-U.S. trade hostilities, while signs of a pick-up in demand helped boost oil prices......»»
Commodities Corner: Sinking oil demand, drop in prices put U.S. fracking activity on track for a record monthly decline: report
Signs of a further drop in U.S. crude-oil production are everywhere, from a slowdown in fracking activity and sharp weekly declines in the active oil-rig count, to expectations of a May decline for all seven major shale-oil output regions......»»
Oil prices extend slide one day after U.S. crude drops below zero; Dow plunges more than 600 points
The commodity’s collapse drives home the stark drop in economic activity caused by the coronavirus pandemic......»»
Oil companies are collapsing, but wind and solar energy keep growing
A few years ago, the kind of double-digit drop in oil and gas prices the world is experiencing now because of the coronavirus pandemic might have increased the use of fossil fuels and hurt renewable energy sources like wind and solar farms. .....»»
Oil companies are collapsing, but wind and solar energy keep growing
A few years ago, the kind of double-digit drop in oil and gas prices the world is experiencing now because of the coronavirus pandemic might have increased the use of fossil fuels and hurt renewable energy sources like wind and solar farms. .....»»
More U.S. producers cut budgets as crude falls below $30 a barrel
EOG Resources Inc , Whiting Petroleum Corp and EQT Corp cut drilling activity and budgets on Monday, becoming the latest North American shale producers to be hit by lower oil prices, which fe.....»»
Oil prices hold slight gain after Baker Hughes weekly data show rig-count drop
U.S. oil shares held onto slight gains midday Friday after a weekly report from Baker Hughes reported that the number of active U.S. rigs drilling for oil rose fell by 8 to 677 th.....»»
Oil rises 2% on U.S.-China trade hopes, but set for weekly drop
Oil prices rose 2% on Friday on signs of progress in U.S.-China trade talks and stronger-than-expected economic data in both countries, including U.S. employment and Chinese manufacturing activity numbers......»»
People are worried that labor strife, oil shocks, and the Fed could lead to an economic disaster — here"s why they"re wrong
The U.S. National Archives/Flickr There are several apparent links between the state of the US economy now and in the 1970s, like an oil-supply shock, increased labor activity, and higher gold prices. This has led to worries that .....»»
Futures Movers: U.S. oil prices drop to lowest levels in a month
Earlier gains for oil futures on the back of increased tensions in the Middle East give way to sizable declines Thursday, as prices fall below technical support levels......»»
Oil prices rise on decline in U.S. drilling activity, OPEC supply cuts
Oil prices rose early on Monday, with Brent hitting its highest level since November, driven up by a decline in U.S. drilling activity and ongoing supply cuts led by producer club OPEC......»»
Oil prices inch up on signs of tighter global supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»
Oil prices inch up on signs of tightening global supply
Oil futures edged up on Thursday as a drop in crude exports from OPEC's de facto leader, Saudi Arabia, and a draw in U.S. drilling rigs and oil inventories supported prices......»»
Oil gains as Saudi stands by OPEC cuts, U.S. drilling drops
Oil prices rose on Monday, lifted by comments from Saudi Energy Minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall in U.S. drilling activity......»»
Oil gains as Saudi stands by OPEC supply cuts, U.S. rig activity drops
Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall U.S. drilling activity......»»
Oil rises on ongoing OPEC-led supply cuts, fall in U.S. rig count
Oil prices rose on Monday, lifted by comments from Saudi oil minister Khalid al-Falih that an end to OPEC-led supply cuts was unlikely before June and a report showing a fall U.S. drilling activity......»»
Oil rises on OPEC-led supply cuts, but slowing economy restricts gains
Oil prices rose on Monday, lifted by Saudi oil minister Khalid al-Falih saying an end to OPEC-led supply cuts was unlikely before June and a report of falling U.S. drilling activity......»»