WTI below $68 as Saudi committed to higher output
U.S. crude oil prices fell nearly 3% on Thursday on a report that Saudi Arabia is committed to pressing ahead with production increases later this year. Saudi is prepared to …
RBOB Gas (Mar'23)
WTI rises nearly 1% after Fed rate cut
U.S. crude oil rose nearly 1% on Thursday, one day after the Federal Reserve slashed interest rates for the first time in more than four years and as tensions in …
WTI falls ahead of key Fed rate decision
U.S. crude oil fell Wednesday ahead of the Federal Reserve’s pivotal decision on interest rates later this afternoon. “In theory a rate cut is supportive for oil prices but we’ve …
WTI above $70 as Gulf production recovers
U.S. crude oil traded above $70 per barrel on Tuesday, as production in the Gulf of Mexico is still in recovery mode after Hurricane Francine. More than 200,000 barrels per …
WTI rises as Francine disrupts supplies
Satellite image of Hurricane Francine on Sept. 11th, 2024. NOAA GOES EAST U.S. crude oil jumped more than 1% to trade above $68 per barrel on Thursday, after Hurricane Francine …
WTI rebounds above $67 per barrel
U.S. crude oil rebounded more than 2% on Wednesday, regaining some ground after prices closed at the lowest level in nearly three years in the previous session. Here are Wednesday’s …
WTI falls as OPEC sees slower demand growth
U.S. crude oil futures on Tuesday fell more than 1%, shedding gains from the previous session as OPEC lowered its demand forecast for the second time in two months. OPEC …
WTI rebounds after worst week since 2023
U.S. crude oil futures rebounded nearly 1% on Monday after posting the worst week since October 2023. The U.S. benchmark has fallen 15.8% so far in the third quarter while …
Brent worst week since October 2023
Crude oil futures were on pace for a deep weekly loss, as the OPEC+ decision to postpone a production hike failed to ease worries that supply would outstrip demand. The …
WTI rallies as OPEC+ delays production boost
U.S. crude oil rallied 2% on Thursday to trade above $70 per barrel, as OPEC+ delays plans to boost production after prices tumbled this week. OPEC+ members have delayed a …