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WTI Rebounds After Second Weekly Surprise Crude Draw
Oil's gains were capped today as China trade talk headlines spoiled the party. “China has been the real driver behind oil demand globally for the last decade and if that is turned off, it is going to make people very nervous,â€.....»»
Oil futures post gains for the session and week
Oil futures gained on Friday, with prices for the U.S. and global crude benchmarks up a second week as traders continued to assess the demand outlook for the market. Some traders expect an economi.....»»
WTI Rebounds After Gasoline Demand Jumps, Despite Crude Build
WTI Rebounds After Gasoline Demand Jumps, Despite Crude Build Oil prices are lower thi.....»»
Futures Movers: Oil prices get a lift from China data as OPEC report suggests an uptick in demand
Crude-oil futures trade higher on Tuesday after a report on Chinese international trade provided further evidence that an economic rebound was taking hold in one of the biggest importers of crude and global commodities......»»
WTI Rebounds Above $61 After Big Crude Draw, Production Drop
WTI Rebounds Above $61 After Big Cr.....»»
WTI Rebounds, Shrugging Off Another Big Gasoline Stock Build
WTI Rebounds, Shrugging Off Another Big Gasoline Stock Build Oil prices have pumped and dumped overnight, back to unchanged, after API reported a bigger than expected crude draw and much bigger than expected gasoline .....»»
Oil Algos Confused By Crude Draw, Major Product Build, Weak Demand
Oil Algos Confused By Crude Draw, Major Product .....»»
Rebound in oil is just a "breather" and crude prices will likely turn negative again, analysts say
The overnight partial recovery in oil prices isn't a rebound, but simply a "breather," as weak demand and storage issues would continue to pressure prices, which are likely to turn negative again, analysts say......»»
Dollar gives up gains against commodity currencies as oil recovers
The dollar erased gains and fell against the currencies of oil producers on Thursday, as a rebound in crude prices after an unprecedented collapse helped to calm markets unnerved by the massive coronavirus-led drop in global demand......»»
Dollar up against commodity currencies but oil rebound tempers safety bid
The dollar edged higher against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets unnerved by the massive coronavirus-led drop in global demand......»»
Dollar edges higher against oil currencies as energy markets shaken
The dollar pushed ahead against the currencies of oil producers on Thursday as a rebound in crude prices from an unprecedented collapse only partially calmed markets unnerved by the massive coronavirus-led drop in global demand......»»
What an Oil ETF Has to Do With Plunging Oil Prices
The oil market is in disarray, a result of a coronavirus-led collapse in demand, surplus supply following a price war and a shortage of storage. Yet there have been plenty of people willing to bet on a rebound in basement-level crude.....»»
Brent crude rebounds from 2-decade low as the global oil rout stabilizes
REUTERS/Jim Urquhart Brent crude oil dropped to a two-decade low Wednesday, trading at as low as $15.98 a barrel as the global oil rout continued. It then rebounded, s.....»»
Futures Movers: Crude-oil prices rebound after tapping 18-year low
Oil prices edge higher on Tuesday, after falling to the lowest level since 2002 amid a demand slump due to the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war......»»
Futures Movers: Crude prices rebound after tapping 18-year low
U.S. oil prices rebounded sharply on Tuesday, after falling to the lowest level since 2002 amid a demand slump due to the coronavirus pandemic and a glut of supply thanks to a Russia-Saudi oil-price war......»»
"There is potential this could go even lower": Oil prices plunge to 17-year lows as demand drop threatens to overwhelm storage facilities
REUTERS/Lucas Jackson Crude oil prices tanked Monday as continued fears over t.....»»
Brent crude set for worst week since 1991 as oil falls a third day
Oil fell a third day as the horror show for crude investors continued on Friday amid panic about evaporating demand from the coronavirus pandemic, with Brent set for its biggest weekly loss since 1991 and U.S. crude heading for its worst week since 2008......»»
Commodities Corner: Oil shipments to China rebound in February as congestion at the coast clears: reports
Oil markets worry about a drop in crude demand due to the COVID-19 epidemic, but shipments of oil into China show a year-on-year climb last month and tankers don’t sit idle at the coast for long, according to experts who monitor crude-oil shipments......»»
Stocks surge to record highs on hopes virus is peaking, gold ebbs
Key U.S. and European stock indexes surged to fresh records on Tuesday after China's senior medical adviser suggested the deadly coronavirus may be over in April, a rosy outlook that helped crude prices to rebound on renewed Chinese demand......»»
Oil prices rebound from China virus slump amid gingerly recovery across markets
Oil prices rose on Tuesday, matching moves in other financial markets as investors regained calm after Monday's sharp sell-off on fears of the impact of the China coronavirus on demand for fuel sent crude to its lowest level in more than a year......»»