Oil steadied near the lowest this year as US President Donald Trump’s geopolitical positions and threats of tariffs on energy ...
Prompt U.S. oil futures also rose relative ... suggests ample supply and is called contango. "The tighter crude market is unmistakenly mirrored in the deepening Brent backwardation," Varga added.
The average weekly retail diesel price published by the Department of Energy/Energy Information Administration fell 5.6 cents ...
Prompt US oil futures also rose relative to those ... suggests ample supply and is called contango. “The tighter crude market is unmistakenly mirrored in the deepening Brent backwardation,” Varga ...
The scenario for Brent crude oil at $60-$65 per barrel through 2H just got stronger, Citi Research’s Francesco Martoccia said in a research report.
Analysts at Standard Chartered Bank noted that, in their view, 'the most important current feature of the oil market is ...
By Zain VawdaOil prices continue to struggle to gain any sort of bullish traction as uncertainties around tariffs and the ...
Oil traders are making big moves in the Brent-Dubai spread, a contract that lets them bet on the price gap between Middle ...
"Despite the 'energy emergency' claims, the US is producing energy in record quantities," JPMorgan Asset Management wrote.
In case WTI oil settles below the support at $73.00 – $73.50, it will move towards the 50 MA at $71.70. Brent oil is under ... both long-term and short-term market movements.