Oil

Oil (Brent Crude) AnalysisEasing US yields, USD and EIA storage data help oil recover lossesMarkets look ahead to Powell’s Jackson Hole speechLonger-term outlook for oil remains bullish in a tight market as USD stays elevatedThe analysis…

© Reuters. The logo of China Petroleum & Chemical Corporation, or Sinopec, is displayed during the LNG 2023 energy trade show in Vancouver, British Columbia, Canada, July 12, 2023. REUTERS/Chris Helgren (Reuters) - Chinese…

VisionsofAmerica/Joe Sohm/DigitalVision via Getty Images The Biden administration's proposed new restrictions on oil and gas companies operating in the Gulf of Mexico have sparked outrage from the oil industry, which sees the move as an…

Brent crude hourlyOil has taken a quick trip lower after brent fell through $84 in the past hour. That leaves oil down 31-cents on the day after rising as high as $84.74 earlier.The selling comes despite the latest US oil rig count falling…

SlavkoSereda/iStock via Getty Images U.S. crude futures finished 1% higher Friday but fell 1% on the week for a second straight weekly decline, weighed by weak economic data and a stronger dollar. But crude was helped Friday by a…

Oil Price Analysis and ChartsCrude oil prices sink againEnd-demand worries continue to overshadow a more bullish supply pictureThe technical charts may point to further short-term losses Recommended by David Cottle…

Brent crude oil prices are down to the bottom of a short-term rising channel. Will we see a bounce or a break right here? As you can see from the 4-hour chart below, the commodity price has formed higher lows and higher highs connected…

Crude oil sets the support and resistance going into next wkA week or so ago, the price of crude oil moved above a key swing ceiling between $82.43 and $83.44 (see yellow area and read numbered circles on the chart above). The price moved…

SlavkoSereda/iStock via Getty Images U.S. crude oil futures rose Friday but finished lower for the week, ending a streak of seven weekly gains, as traders attributed the setback to weak economic data from China and Federal Reserve…

Crude Oil, WTI, Brent, US Dollar, China, AUD/USD, CPI, RBOB Crack Spread - Talking PointsWTI crude has softened as markets jockey for position leading up to the FedAPAC equities are mixed as details of China’s stimulus measure remain…