Tag: Crude
Crude Prices Pressured by US-China Trade Tensions and Robust Global Oil Supplies
On Tuesday, November WTI crude oil (CLX25) fell by -0.79 (-1.33%), while November RBOB gasoline (RBX25) dropped by…
Crude Oil Prices Rally on Energy Demand Optimism
On Wednesday, November WTI crude oil (CLX25) recorded a rise of +0.82 (+1.33%), while November RBOB gasoline (RBX25)…
Crude Prices Little Changed as the Dollar Rallies
On Tuesday, November WTI crude oil (CLX25) experienced a slight uptick, closing at +0.04 (+0.06%), while November RBOB…
Crude Traders Split on Whether the Glut Has Arrived
For several months, discussions surrounding an impending oil surplus have dominated the market landscape. Recently, Bloomberg indicated that…
Crude Prices Sharply Lower on Prospects of Larger Global Oil Supplies
On Monday, the prices for November WTI crude oil (CLX25) fell significantly, closing down by -2.27 (-3.45%), while…
Supertanker Rates Hit Three-Year High on Rising Crude Flows
The surge in crude oil supplies from OPEC+ and South American nations, coupled with a significant uptick in…
Crude Prices Retreat on Claims of Progress in Ending Russian-Ukraine War
Crude oil and gasoline prices experienced a volatile trading session on Wednesday, with September WTI crude oil closing…
Crude Oil Price Pressured by Global Oversupply Concerns
Crude oil and gasoline prices are facing downward pressure today as the market anticipates an increase in production…
Oil price falls back as flow of crude through Strait of Hormuz unaffected
Oil markets have remained steady despite the recent threats from Israel to topple the Iranian regime. The Financial…
Trump Drops Crude Line At Kennedy Center Dinner In Bizarre Rant About 2020 Election
During a speech at a Kennedy Center board dinner, President Donald Trump boasted about securing the 2028 Olympics…