Oil

The weekly Baker Hughes rig count data is showing:Oil rigs -2 to 499Gas rigs -1 to 117Total rigs -2 to 619..The price of WTI crude oil is trading up $0.50 or 0.69% at $72.52. That is well-off the high price of $75.25. The low price today…

Crude oil futures falls from highs but find support at MAsCrude oil futures are settling at $72.68. That represents a gain of $0.66 or 0.92%. The high-priced extended to $75.25. The low price reached $72.36. The sharp rise to the upside was…

Crude Oil Price Analysis and Charts• Crude oil prices have risen by more than $2/barrel• News of another tanker seizure brought buyers out• Chinese trade numbers Friay may bring focus back to economic woesDownload the brand new Q4 Oil…

Oil Analysis, Prices, and ChartsTraders concerned over potential retaliatory attacks.Supply chain fears over further Red Sea shipping disruption.Learn how to trade Oil with our complimentary guide: Recommended by Nick Cawley…

Breadcrumb Trail LinksPMN BusinessAuthor of the article:The Associated PressMatthew DalyPublished Jan 12, 2024  •  3 minute read Article contentWASHINGTON (AP) — Oil and natural gas companies for the first time would have to pay a fee for…

The price of crude oil is moving lower after the weekly inventory data showed a stronger build than expected. Crude oil inventories showed a build of 1.338 million barrels versus a drawdown of -0.675 million estimate. Gasoline and…

© Reuters. Oil Prices Dip as Saudi Arabia Cuts Prices Amid Global Market Weakness Quiver Quantitative - The oil market witnessed a decline as Saudi Arabia, the world's largest oil exporter, reduced its official selling prices across…

SlavkoSereda/iStock via Getty Images Crude oil futures rose this week, helped by increased tensions in the Middle East that have caused major shipping companies to divert vessels away from the Red Sea, as well as production disruptions…

Houthi rebel disruptions reaching the Straits of Hormuz could double oil prices, Goldman Sachs has warned. In an interview the head of the company’s oil research division Daan Struyven said: “the Red Sea is a transit route and a…

mevans Gold prices (XAUUSD:CUR) eased on Wednesday pressured by a stronger dollar, while investors remained caution ahead of the release of minutes from the U.S. Federal Reserve's December meeting, due at 1900 GMT, as well as a slew of…