Crude

SlavkoSereda/iStock via Getty Images Crude oil futures rose for a second straight session on Thursday, as a weaker-than-expected reading on U.S. inflation was seen increasing the chances of a September interest rate cut by the Federal…

West Texas Intermediate crude futures settled at $82.10, up $0.69, or 0.85%. The gains come after three straight sessions of losses, and were driven by positive demand expectations from OPEC and a large drawdown in U.S. inventories. The US…

Earlier this week, US crude oil prices fell from the $84.40 area for the second time this month. Are Oil Prices Heading Down? Or Are Bulls Taking a Break? Crude Oil WTI (USOIL) 4 hours Chart by TradingView As we mentioned today Daily…

RiverNorthPhotography/iStock Not published via Getty Images Canadian heavy crude prices rose for the second day After Suncor Energy Company (New York Stock Exchange: SU) said it had reduced production at its Firebag oil sands site, a…

SlavkoSereda/iStock via Getty Images Crude oil futures fell on the day while recording a fourth straight weekly gain, supported by a much larger-than-expected drawdown in U.S. crude inventories, renewed hopes that the U.S. Federal…

West Texas Intermediate crude oil futures settled at $82.81, down $0.57 or -0.68%.The price fell after trading at a two-month high of $84.38 earlier today. This was just $0.08 below the April 26 high of $84.46 (see chart above).On the…

Slavko Sereda/iStock via Getty Images Crude oil futures ended the week and month with gains as expectations for summer demand will continue to rise. Oil prices fell to multi-month lows in early June when OPEC+ said it would start easing…

US crude oil prices look poised to break a technical consolidation level. Will this lead to another rally for the commodity?The 4-hour chart may give us more clues: Crude Oil WTI (USOIL) 4 hours Chart by TradingView WTI Crude Oil (US…

I see a chart formation indicating a reversal in the downtrend for WTI. How far can he go from here? West Texas Intermediate (USOIL) 4 hours Chart by TradingView This energy commodity has been on a sell-off since mid-April, with the…

Slavko Sereda/iStock via Getty Images Crude oil futures posted back-to-back gains to settle at a seven-week high on Tuesday, with geopolitics returning to influence markets with renewed ship attacks in the Red Sea and Ukrainian drone…