Oil scores back-to-back gains, but ‘bearish landscape’ remains
Oil futures moved higher Tuesday, attempting to claw back steep losses suffered last week, with prices supported by a more upbeat prospects for Chinese demand and ongoing concerns that a broader Middle Eastern conflict that could threaten crude flows from the region.
Oil prices gain 2%, recouping some of last week's 7% loss
Oil prices rose nearly 2% on Monday, recouping some of last week's more than 7% decline, with no let-up of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
U.S. crude oil prices rise nearly 1%, extend gains to above $71 per barrel
Oil prices have bounced back somewhat after selling off steeply last week. Beijing cuts its benchmark lending rate on Monday, lending some support to the futures market. U.S. crude oil futures extended gains on Tuesday,
Oil prices extend bounce from steep weekly loss as Middle East worries linger
Oil futures were on track for back-to-back gains, attempting to claw back steep losses suffered last week as fears of a broader Middle Eastern conflict that could threaten crude flows from the region faded.
Oil prices rise nearly 2%, recovers some of last week's 7% decline
Oil prices settled nearly 2% higher on Monday, recouping some of last week's more than 7% decline, with no letup of fighting in the Middle East and expected Israeli retaliation on Iran worrying markets about supply from the region.
U.S. crude oil rebounds nearly 2% after selling off last week
Traders increasingly believe Israel-Iran tensions will not lead to an oil supply disruption in the Middle East.
Oil prices fall in third week of October
Oil prices are falling in the third week of October. Oil companies announced the following adjustments in oil prices effective October 22, Tuesday: SHELL PILIPINAS, SEAOIL (effective 6 a.m.) Gasoline - P0.
Oil ends higher but the market backdrop remains 'bearish'
Oil futures finished higher Tuesday, with prices supported by some upbeat prospects for Chinese demand and ongoing concerns that the Middle Eastern conflict ...
Oil Futures Gain on Middle East Risk Premium
Oil futures extend their recovery for a second session with attention on conflicts in the Middle East, with supply and demand concerns remaining in the background. "Drivers behind today's larger-than- ...
Oil Futures Hammered By 5% Declines Following Bearish Triple Whammy
Global oil futures suffered heavy declines on Tuesday following a series of bearish market developments and a renewed focus ...
Crude oil prices today: WTI is trading at $69.97
WTI futures traded around $69.97 per barrel, as of 9 a.m. ET. That’s an increase of 0.27% in the last 24 hours.
Crude Oil Futures Extend Losses
Crude futures extend opening weakness as the market weighs chances of lower Middle East risk premium and the demand outlook. "Crude futures are now pricing in the death of a prominent Hamas leader ...
China’s Vague Stimulus Announcement Sends Oil Futures Lower By Over 2%
Lack of clarity on China's economic stimulus plans sent oil futures tumbling, as traders adopted a wait and see approach to ...
Oil prices steady after 7% weekly drop
Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China, the ...
Oil’s Recent Spike Kicked Off Rush of Hedging by Producers
US oil producers pounced on a chance to lock in prices for future sales as rising tensions between Iran and Israel sent crude ...
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Top 3 Stocks to Play Oil's Potential Comeback Rally
Oil prices are on the lower end of the curve in today’s cycle. Still, plenty of tailwinds are set up to potentially bring a ...