Oil prices rose more than 1% Wednesday after Bloomberg News reported that the U.S. and its allies see an Iranian strike against Israel as imminent. Tehran has threatened retaliation against Israel over the destruction of its consulate in Damascus, Syria in a missile strike. But the geopolitical ...
Crude prices retreated today on a Bloomberg report that said advisers to President-elect Trump are crafting a strategy of easing sanctions on Russian energy exports to benefit Russian oil producers and help seal a peace deal between Russia and Ukraine. Gasoline prices have carryover support from We...
Crude and gasoline prices today fell to 1-week lows and are moderately lower. Crude prices tumbled today after President Trump said Monday that he plans to declare a national energy emergency and vowed to increase US crude production. Crude is also under pressure due to trade war fears after ...
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Anthony Prieto/Bloomberg via Getty Images Key Takeaways The S&P 500 added 0.3% on Monday, Oct. 28, kicking off a week chock-full of big tech earnings reports and key economic data. Hopes for a moderation of global tensions contributed to a drop in crude oil prices, pressurin...
Weekly vessel-tracking data from Bloomberg showed Russian crude exports fell by -130,000 bpd to 3.09 million bpd in the week to February 2. The outlook for new sanctions on Iranian and Russian crude exports could limit global oil supplies and is bullish for prices. President Trump's national...
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March WTI crude oil (CLH25 ) today is down -1.38 (-1.85%), and March RBOB gasoline (RBH25 ) is down -0.0185 (-0.89%). Crude and gasoline prices tumbled to 2-week lows today and are moderately lower. Crude prices are under pressure today due to the conce
Crude prices are up marginally on the day softer today to extend the decline from last week, stabilising after last week’s fall. Pressure remains after the OPEC+ producer group agreed to extend production cuts into Q3 before returning some supply later this year. ...
Crude oil prices are dropping today after the EIA released inventory data on Wednesday, showing that there was a massive build in crude. To compound matters, oil prices were nearly 2% lower on Thursday after a leak on a key U.S. pipeline disrupted supply flows and on data showi...