Oil

Crude oil futures settled at $79.12. This comes out to $0.86 or 1.1%.Crude oil is trading above and below the 100-day moving averageToday, the high price reached $79.46. The low price was $77.81. The commodity's 100-day moving…

Written by Florence TanSINGAPORE (Reuters) - Oil prices continued to decline on Monday amid signs of weak demand for fuel and at a time when statements by Federal Reserve officials (the US central bank) weakened hopes for lowering interest…

Imagine/E+ via Getty Images Former President Trump has asked oil and gas industry executives to contribute $1 billion to his presidential campaign, vowing to roll back dozens of environmental rules implemented by the Biden…

There could be some fireworks in the oil market at the weekly open.Iraqi Oil Minister Made a comment Which indicates that they will not agree to any additional cuts at the OPEC+ meeting on June 1.What is not clear is whether he meant:They…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

Article contentCALGARY, Alberta, May 09, 2024 (GLOBE NEWSWIRE) -- Athabasca Oil Corporation (TSX: ATH) (“Athabasca” or the “Company”) announces that all matters will be submitted for approval at its annual and special general meeting of…

Did you miss the neckline breakdown on crude oil? Here are some retracement levels you can watch for if you are still bearish on the commodity. West Texas Intermediate (USOIL) Chart by TradingView Easing geopolitical conflict in the…

Bright stars Precious metals fell on Tuesday, with gold trading around $2,315.12 an ounce, as a stable US dollar made bullion less expensive for foreign buyers, while investors awaited more clues on when the Federal Reserve will deliver…

Slavko Sereda/iStock via Getty Images Crude oil recovered part of the heavy losses incurred last week, with the Middle East risk premium returning to the market as Israel prepares to launch a military attack on the city of Rafah,…

Türkiye has not yet stopped loading oil tankers in the port of Ceyhan heading to Israel, according to Israeli sources. Azerbaijan is an important supplier of oil to Israel, via the Baku-Tbilisi-Ceyhan (BTC) pipeline, at…