Oil

SlavkoSereda/iStock via Getty Images Crude oil futures posted a second straight weekly decline, punctuated by sharp losses on Friday as a global internet outage heightened risk sentiment in markets and helped lift the dollar. Growing…

Crude oil WTI dailyThe oil market has been in a tough spot. The macroeconomic situation is deteriorating, hopes for Chinese stimulus are fading, and all the data from Russia and OPEC are pointing to a surprise drop in exports.This has led…

Are oil prices about to rise soon?This is a short-term consolidation pattern that I am watching on the hourly chart of WTI Crude Oil. Crude Oil WTI (USOIL) 4 hours Chart by TradingView Negative price pressures have been weighing on…

SlavkoSereda/iStock via Getty Images Crude oil futures rose on Wednesday, snapping a three-session losing streak, after the United States reported a much larger-than-expected draw in crude inventories last week, marking a third straight…

Crude oil fell $1.15, or 1.30%, to $80.76, driven by weak growth in China, the world's largest oil importer, which has raised concerns about demand.Another contributing factor may be the expectation that former President Trump will win the…

Vista Oil & Gas (ticker: VISTA) has reported significant growth in production and financial performance in its second quarter of 2024. The company's total production surged by 40% year-over-year to 65,300 barrels of oil equivalent per…

Crude oil futures settled today at $82.21, down $0.41 or -0.50%.For the trading week, the price is down -1.21% after closing last week at $83.16. This is the first decline after four consecutive weeks of gains that pushed the price from its…

SlavkoSereda/iStock via Getty Images Crude oil futures rose for a second straight session on Thursday, as a weaker-than-expected reading on U.S. inflation was seen increasing the chances of a September interest rate cut by the Federal…

sharply_done/E+ via Getty Images The Biden administration said on Thursday that it $241.5 million settlement reached With Marathon Oil (New York:MRO) regarding alleged air quality violations at the company's operations on the Fort…

By Robert Harvey and Arunima Kumar LONDON (Reuters) - Oil prices steadied on Thursday, with benchmark crude holding above $85 a barrel as investors weighed a bleak demand growth outlook from the International Energy Agency and signs of…