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Nymex February crude oil futures rise 96 cents, or 1.8% to close at $53.21 a barrel

This is a Real-time headline. These are breaking news, delivered the minute it happens, delivered ticker-tape style. Visit www.marketwatch.com or the quote page for more information about this breaking news......»»

Category: topSource: marketwatchJan 12th, 2021

Oil futures extend gains, as WTI contract surges 15%

The rally off the lows continued for oil, as the June light sweet crude contract surged 15% to $17.33 a barrel. Brent crude rose ne.....»»

Category: topSource: marketwatchApr 30th, 2020

Asian stocks and US futures tank as US crude drop 14% and Brent crude falls 4%

Reuters Asian stocks and US futures took a hit as oil prices dropped another 14% on Tuesday, despite optimistic rises in US stocks as states prepare to re-open. Oil futures slumped after the largest U.S. .....»»

Category: topSource: businessinsiderApr 28th, 2020

Oil futures rally, taking June contract above $15 a barrel

Light sweet crude oil futures for June surged nearly 14% in electronic action, to $15.67 a barrel, as the Brent contract added 9% to $22.24. "The storm for oil isn't over but at least for the time bein.....»»

Category: topSource: marketwatchApr 23rd, 2020

Brent crude rebounds from more-than 20-year low; U.S. oil up 20% in wild trade

Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative talk of additional supply cuts from OPEC producers and U.S. inventory builds that were less dire than some expected......»»

Category: topSource: reutersApr 22nd, 2020

Brent crude rebounds from 1999 lows, U.S. oil up 25% in wild trade

Brent crude oil rebounded from two days of losses and U.S. futures surged on Wednesday, bolstered by tentative discussions of additional supply cuts from OPEC producers and U.S. inventory builds that were less dire than some anticipated......»»

Category: topSource: reutersApr 22nd, 2020

Oil prices recover ground after market turmoil fuels price plunge

Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak......»»

Category: topSource: reutersApr 21st, 2020

Brent oil futures plunge as growing glut feeds market panic

Brent oil futures prices plunged again on Tuesday as oil market panic extended into a second day with no end in sight to a swelling global crude glut as the coronavirus pandemic has obliterated demand for fuel......»»

Category: topSource: reutersApr 21st, 2020

Brent oil drops 25%, near two-decade lows on scant demand, storage

Brent crude futures plunged 25% on Tuesday to the lowest in nearly two decades, a day after panicked traders sent U.S. oil below minus $40 per barrel on fears of a historic glut due to the destruction of fuel demand by the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

Oil at two-decade lows, price of U.S. crude for delivery below zero

Benchmark Brent and U.S. oil futures for June delivery plunged to around two-decade lows on Tuesday, a day after U.S. May futures sank into negative territory for the first time in history as demand tumbled due to the coronavirus crisis......»»

Category: topSource: reutersApr 21st, 2020

U.S. crude futures turn positive after historic plunge, Brent falls

U.S. oil prices hobbled back into positive territory on Tuesday after sinking below $0 for the first time ever, but international benchmark Brent dipped as the global coronavirus crisis severely reduces demand for crude......»»

Category: topSource: reutersApr 21st, 2020

U.S. crude futures turn positive after historic slide, Brent dips

U.S. oil prices recovered on Tuesday to trade in positive territory after sinking below $0 for the first time ever, but international benchmark Brent dipped as demand for crude slumps amid the coronavirus pandemic......»»

Category: topSource: reutersApr 21st, 2020

Oil plunges 321% into negative territory for the first time ever as demand evaporates

Reuters Oil prices plunged to a record low and into negative territory on Monday as uncertainty mounted about storage for excess supply. WTI crude oil futures expiring in May plunged 321%, to -$40.32 a barrel, while Brent cr.....»»

Category: topSource: businessinsiderApr 20th, 2020

Oil little changed, U.S. ties 18-year low after OPEC cuts demand forecast

Oil prices were mixed on Thursday, as Brent crude rose modestly while U.S. futures ended unchanged at an 18-year-low after some European countries said they would relax coronavirus restrictions even though OPEC lowered its global oil demand forecast......»»

Category: topSource: reutersApr 16th, 2020

Oil futures pare gains after U.S. inventories surge most on record

Oil prices pulled back Wednesday, with benchmark Brent turning negative as U.S. crude inventories surged the most on record, but the pullback was muted by hopes that a meeting between OPEC and allied producers on Thursday will trigger output cuts......»»

Category: topSource: reutersApr 8th, 2020

Oil surges more than 13% on hopes of output deal

Crude futures surged for a second day on Friday, with both U.S. and Brent contracts posting their largest weekly percentage gains on record due to hopes that a global deal to cut crude supply worldwide will emerge early next week......»»

Category: topSource: reutersApr 3rd, 2020

Brent crude surges 10% on hopes of oil output deal

Crude futures surged for a second day on Friday, with benchmark Brent up 10% on hopes that a global deal to cut crude supply worldwide will emerge early next week......»»

Category: topSource: reutersApr 3rd, 2020

Brent crude rises above $33 on hopes of oil output deal

Benchmark Brent crude oil futures climbed to as high as $34.91 a barrel on Friday on rising hopes of a new global deal to cut global crude supply......»»

Category: topSource: reutersApr 3rd, 2020

Brent crude rises above $32 on hopes of oil output deal

Benchmark Brent crude oil futures rose as high as $33.37 a barrel on Friday on rising hopes of a new global deal to cut global crude supply......»»

Category: topSource: reutersApr 3rd, 2020

Brent reverses losses to rise above $30/bbl in early European trading

Benchmark Brent crude oil futures reversed losses incurred during Asian hours in early European trading on Friday to rise above $30 a barrel, with hopes of a huge global supply cut deal to support prices still alive......»»

Category: topSource: reutersApr 3rd, 2020