Top Oil Traders Turn Bearish on Prices, Seeing Oversupply
The mood at Houston’s big annual oil and gas get-together has been upbeat on the prospects for the industry under a fossil fuel-friendly Trump administration. But there’s a significant catch: some of the biggest oil traders are getting more bearish on the outlook for crude prices.
Oil prices rise 2% on tighter US supplies
Oil prices rose 2% on Wednesday, as US government data showed tighter-than-expected oil and fuel inventories, though investors kept an eye on mounting fears of a US economic slowdown and the impact of tariffs on global economic growth.
Oil rises 2% on tighter U.S. supplies but tariff concerns loom
Oil prices rose 2% on Wednesday, as U.S. government data showed tighter-than-expected oil and fuel inventories, though investors kept an eye on mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth.
Oil prices buoyed by weaker U.S. dollar
Oil futures rose Wednesday, finding support from a weaker U.S. dollar as investors navigate intensifying trade tensions and worries about global economic growth.
Oil Rises on Weaker Dollar But Tariff Fears Batter Sentiment
Oil edged higher in early trade on a weaker dollar, but gains remained capped by growing concerns over global trade.
Oil up on weak dollar, tariff concerns cap gains
Oil prices extended gains on Wednesday, rising over 1%, supported by a weaker dollar, but gains were capped by mounting fears of a U.S. economic slowdown and the impact of tariffs on global economic growth.
Oil prices under $60 a barrel would hit small producers, Occidental Petroleum exec says
Smaller producers will likely pull back on activity if oil prices fall below $60 a barrel, Fred Forthuber, president of OXY ...
Oil prices buoyed by weaker U.S. dollar, rise in gasoline demand
Oil futures rose Wednesday, finding support from a weaker U.S. dollar and data from the Energy Information Administration ...
XLE: Oil Price May Temporarily Crash Without SPR Refill (Rating Downgrade)
The energy sector began its correction around inauguration day, ahead of other sectors, a potential sign of an impending ...
What Will Geopolitical Uncertainties Do To Crude Oil Prices?
The price of nearby WTI crude oil futures has not been materially under $65 per barrel in almost four years, but that level ...
Oil prices resume slide, ending lower as tariff fears spark stock-market tumble
Oil futures ended lower Monday, dragged down by fears rising global trade tensions could spark a recession or a slowdown as U ...
OilPrice.com15h
Oil Prices Rebound on Resilient Demand Signals
Crude oil prices rebounded following sharp losses, driven by a revised EIA outlook, a shift in IEA rhetoric, and reports of rebounding Asian imports, despite an estimated US crude oil inventory build.
Oil Gains 2% After Gasoline Stocks Draw
Oil prices extend gains, rising more than 2% after the latest U.S. data pointed to a large drop in gasoline inventories and cooling inflation. The U.S. oil gauge WTI is up 2.3% at $67.73 a barrel, ...
CERAWEEK China demand concerns, GDP growth threaten global oil prices, Vitol CEO says
Vitol CEO Russell Hardy said on Monday that he expects global oil prices to move in a lower range than over the past three to ...
OilPrice.com1h
Asia Oil Imports Set for Rebound
After a slow start to the year, crude oil imports in Asia are rising, with China and India increasing purchases from both ...
Oil News: Prices Steady as Traders Weigh Demand Strength Against Supply Risks
Oil prices hold steady as traders assess strong demand against rising U.S. production and OPEC+ supply risks. Will the market ...
IBTimes UK5h
oil prices
Oil prices experienced a slight decrease after reaching a six-month record. Investors have shrugged off fears of a wider Middle East war disrupting supplies. The company's shift towards trading more ...