Oil prices (USO) edged higher on Wednesday, despite a surprise increase in U.S. gasoline supplies, as investors remained concerned about the potential expansion of the Gaza conflict disrupting crude supplies...
Oil prices climbed, building on their biggest weekly advance since early April and extending a short-covering rally as traders bet on summer driving season. West Texas Intermediate (WTI) traded above $79...
Oil futures (USO) reduced their weekly losses after OPEC+ members reiterated that their plan to increase supply is conditional on market conditions. Brent crude futures were trading near $80 a barrel,...
Oil prices advanced as geopolitical tensions flared in the Middle East, with reports of Israeli tanks reaching the center of Rafah in Gaza and a vessel attack in the Red Sea. Brent crude traded above $83...
Oil prices (USO) rebounded on Wednesday after government data revealed a decline in U.S. stockpiles, signaling a tighter physical market. West Texas Intermediate (WTI) settled near $79 a barrel after crude...
Nasdaq (NDAQ) is gearing up to intensify its offerings in the short-term options market, responding to surging investor interest in derivatives with swift expirations. At the recent Options Industry Conference...
Oil prices (USO) edged lower in volatile trading on Monday as traders grappled with the intertwined narratives of geopolitical strife and shifting U.S. economic policies. West Texas Intermediate (OILK)...
After declining in 2023, crude oil prices rallied in Q1 2024 and have edged even higher in the early days of Q2. Crude oil remains the energy commodity that powers the world, and the price prospects over...
The oil market is bracing for a surge in prices following Iran's recent drone and missile attack on Israel, the first such direct assault on Israeli soil, which has escalated tensions in the Middle East...
In its latest assessment of the global oil market, OPEC maintains a steady perspective on oil demand growth while adjusting its forecast for non-OPEC supply. The Vienna-based cartel, in its monthly report,...