Crude Oil
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Crude Prices Rally as Oversupply Fears Recede
June WTI crude oil (CLM25) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25) closed up +0.0417 (+2.06%). Crude…
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Commodities – Oil, Natgas, Gold And Cocoa
Oil OPEC+ has agreed to another substantial production increase for June, once again by 411,000 barrels per day, mirroring the…
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OPEC+ to further speed up oil output hikes – Reuters
The Organization of the Petroleum Exporting Countries and allies (OPEC+) agreed to accelerate oil production hikes for a second consecutive…
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OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd
The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest…
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Crude Prices Climb as a Stock Rally Boosts Market Sentiment
June WTI crude oil (CLM25) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25) closed up +0.0315 (+1.56%). Crude…
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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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