During the early hours of Thursday trading, though crude oil market looks as if it is trying to find some type of base at a couple of major support levels.
WTI price faces challenges as traders adopt caution amid rising uncertainty over US trade policy. Trump’s commerce secretary nominee Howard Lutnick suggested that Canada and Mexico could avoid tariffs ...
The oil market continues to see support overall as the oil markets are factoring in the idea of central bank easing, and of course the potential for further demand coming from that action.
Drivers in Texas saw an increase in gas prices this week with an average of $2.74/gallon for regular unleaded fuel on ...
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Quantitative strategists at BNP Paribas say they're shorting oil, targeting $71.59 per barrel for West Texas Intermediate. They note that positioning by trend funds is "extremely bullish" at the ...
According to the AAA Arkansas Weekend Gas Watch, the statewide gas price average in The Natural State is $2.72 for a gallon ...
The U.S. Energy Information Administration reported Wednesday that commercial crude inventories climbed for the first time in 10 weeks. Domestic commercial crude supplies rose 3.5 million barrels for ...
Discounts for Canadian crude exported via the Trans Mountain pipeline and delivered to China in April have narrowed $1-$2 a ...
Brent futures rose by 41 cents to hit USD 77.49 pb and West Texas Intermediate (WTA) went up by 60 cents to USD 73.77 pb. (e ...
This would normally lead to even lower gas prices. However, something to keep an eye on is rising crude oil prices. West Texas Intermediate (WTI) crude is up $6 per barrel since the start of the year.