Oil

By Sudarshan Varadhan(Reuters) - Oil prices fell in early Asian trade on Monday after Israel said it had "concluded" a series of strikes in southern Gaza, slightly easing concerns about supply from the Middle East.Brent crude futures were…

It's surprising to see the loonie lagging today given today's strong employment report. The country added 37.3K jobs compared to 15K expected and the unemployment rate fell to 5.7% compared to 5.9% forecast.If that wasn't enough, oil prices…

© Reuters. FILE PHOTO: Signage of Petroleos Mexicanos (Pemex) is pictured at the company's headquarters in Mexico City, Mexico July 26, 2023. REUTERS/Raquel Cunha MEXICO CITY (Reuters) - Ratings agency Moody's (NYSE:) on Friday…

Oil (WTI, Brent Crude) News and AnalysisEIA storage data reveals minor drop but extends run of successive drawdownsOil Responding Positively to Improvements in the Battered Chinese Equity Space (Brent crude)WTI oil nears significant zone of…

HJBC/iStock Editorial via Getty Images TotalEnergies (NYSE:TTE) is looking to sell its share in a major Nigerian onshore oil joint venture, CEO Patrick Pouyanne said Thursday at the company's annual results presentation. The Shell…

Crude Oil Update:Energy markets have been worried about oversupplyThese worries have weakened somewhat, but haven’t disappearedTechnically US crude’s uptrend remains in place Recommended by David Cottle Get Your Free Oil…

NiseriN/iStock via Getty Images The Exxon Mobil-led (NYSE:XOM) consortium in Guyana is pumping 645K bbl/day in the country, up from ~400K bbl/day in late 2023, the company said Tuesday. Exxon (XOM) said all three currently operational…

WTI (US Oil) Talking Points:Crude prices look set for a third straight session of fallsA stronger Dollar has added to the markets’ woesKeep an eye on Fed speakers this weekCrude oil prices have been hammered again on Monday by the stronger…

Breadcrumb Trail LinksPMN BusinessThe global oil market is looking increasingly local as militant attacks in the Red Sea and surging freight rates make supplies from closer to home more attractive.Author of the article:Published Feb 03,…

The price of crude oil isn't selling at $72.28. That's down $-1.54 or -2.09%. The low for the day was at $71.79. The high for the day was at $74.52. The price decline comes despite the stronger-than-expected US jobs report and other reports…