Crude Oil
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Commodity Market Roundup- April’s Top Performers and Underperformers
A weaker dollar index and a decline in the long-term bond prices were competing bullish and bearish factors for commodities…
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Oil Prices Hit Four Year Low at $58
Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than…
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Crude Oil Prices Fall Sharply on Energy Demand Concerns
June WTI crude oil (CLM25) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25) closed down -0.0368 (-1.76%). Crude…
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Oil slides on weakening demand concerns – ING
Oil prices edged lower in the early trading session today amid concerns that the US-led trade war will hurt energy…
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OPEC+ countries consider significant increase in production for June as well – Commerzbank
According to a Reuters report, the eight OPEC+ countries with voluntary production cuts could also increase oil production more significantly…
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Kazakhstan puts OPEC+ cohesion to the test – Commerzbank
Given this situation, it is hardly conceivable that Kazakhstan will limit oil production as planned, let alone compensate for the…
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Crude Prices Moderately Higher on Hopes of De-Escalation of Tariffs
June WTI crude oil (CLM25) Friday closed up +0.23 (+0.37%), and June RBOB gasoline (RBM25) closed up +0.0109 (+0.52%). Crude…
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Energy: OPEC+ struggles – ING
While a risk-on move lifted most risk assets yesterday, oil was left behind thanks to OPEC+ discord. ICE Brent settled…
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Let’s Talk Commodities – Oil, Natgas, Cocoa And Gold
Oil: Oil prices hold near 2-week highs. WTI crude is around $63 per barrel. However, the price saw a decline…
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WTI Moved Lower on Higher Than Expected Crude Inventories
02:30 PM GMT, United States – EIA Data: Crude Oil Inventories: actual 0.515M; forecast 0.400M; previous 2.553M; Crude Oil Imports: actual -2.044M; previous…
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