Crude Oil
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WTI extends upside above $72.00 as Israel-Iran conflict deepens
WTI price rises to near $72.15 in Monday’s early Asian session. Concerned over wider conflict between Iran and Israel that…
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Crude Prices Climb on Hopes of Easing of US-China Trade Tensions
July WTI crude oil (CLN25) Monday closed up +0.71 (+1.10%), and July RBOB gasoline (RBN25) closed up +0.0184 (+0.89%). Crude…
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The probability for a move into the 72$ price area continues to increase for crude oil
The negative supply side news don’t matter anymore as the market looks forward to stronger demand Last week, we got…
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WTI trades below $64.00, upside appears due to easing US-China trade tensions
WTI price may regain ground as Oil demand unmounts tariff-related pressure amid easing US-China trade-war tensions. The stronger US jobs…
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Oil is doing the thing that no one thought it would do
Can it break out? The week began with OPEC adding barrels once again and there was also a mid-week report that Saudi…
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Crude Prices Rise on Energy Demand Optimism
July WTI crude oil (CLN25) Friday closed up +1.21 (+1.91%), and July RBOB gasoline (RBN25) closed up +0.0139 (+0.67%). Crude…
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Crude Prices Settle Higher on Dollar Weakness and US-China Trade Optimism
July WTI crude oil (CLN25) Thursday closed up +0.52 (+0.83%), and July RBOB gasoline (RBN25) closed up +0.0289 (+1.42%). Crude…
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Crude Prices Tumble on Reports Saudi Arabia Seeks Additional Production Hikes
July WTI crude oil (CLN25) today is down -0.86 (-1.36%), and July RBOB gasoline (RBN25) is down -0.0465 (-2.24%). Crude…
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Oil Ticks Lower After EIA Report
03:30 PM BST, United States – EIA Data: Crude Oil Inventories: actual -4.304M; forecast -2.900M; previous -2.795M; Gasoline Inventories: actual 5.219M; forecast 1.500M;…
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Crude Prices Settle Higher on Energy Demand Optimism and Canadian Wildfires
July WTI crude oil (CLN25) Tuesday closed up +0.89 (+1.42%), and July RBOB gasoline (RBN25) closed up +0.0263 (+1.28%). Crude…
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