Oil

Crude oil futures settled at $90.38. That's down $-0.79 or -0.87%.The high price for the day reached a $87.07. The low price was at $84.72.Prices fell on hopes for decreased tensions in Israel. The US said that a new hostage release…

Economy State paid Sh28bn in six months to cushion buyers from high oil prices Friday April 05 2024 Pump attendant at the Rubis Petroleum Station along Koinange Street in Nairobi County serving a client. FILE PHOTO | DENNIS ONSONGO…

US Crude Oil Prices and AnalysisUS crude is back close to five-month highsBetter economic data from China, and the US have buoyed hopes of a more balanced oil marketOPEC and Jerome Powell will top Wednesday’s billDownload our Brand New Q2…

Most Read: US Jobs Report Preview: Market Impact Analysis; Setups on USD/JPY, Gold PricesBreakout trading is a popular strategy that seeks to profit from sudden, powerful price movements that breach established price ranges. Traders watch…

SlavkoSereda/iStock via Getty Images U.S. crude oil futures closed at new five-month highs Wednesday, supported by data that showed a large drop in U.S. gasoline inventories and strong fuel demand ahead of the summer driving season.…

Market Q2 Forecasts: US Dollar, Gold, Euro, Oil, Bitcoin, Yen, Equities OutlooksThe second quarter of the year looks set to bring renewed volatility to a wide range of asset classes as a slew of central banks look set to pull the trigger on…

Crude Oil Q2 Fundamental OutlookCrude oil prices may continue to rise 2024’s second quarter but they remain subject to the considerable near-term uncertainty that dogged them as the year got under way.The Organization of Petroleum Exporting…

Brent Crude News and AnalysisUS crude prices are under pressure againThis year’s strong move has brought out profit takersOPEC Isn’t expected to alter its policy of production cuts next weekLearn why oil fundamentals are crucial to…

SlavkoSereda/iStock via Getty Images The Biden administration has urged Ukraine to halt drone strikes on Russia's energy infrastructure, warning the attacks risk provoking retaliation and driving up global oil prices, Financial Times…

Economy Tullow Oil writes off Sh2.4 billion in Kenya project assets Tuesday March 19 2024 Tullow Oil tanks at its Turkana field. FILE PHOTO | NMG British oil explorer Tullow has written off $17.9 million (Sh2.41 billion) worth…