Prices of crude oil
Crude oil prices were up on Thursday (June 29) compared to the previous close. The price of Brent oil was at $47.55 up from $46.53…
oil
Oil is under pressure after report shows increase in US inventories
Oil markets were steady to lower on Wednesday after a report of rising US fuel and crude inventories underscored the concern that a three-year supply…
Oil prices rise up 2 % but oversupply concerns remain
Oil prices rose again boosted by a weaker dollar but worries over an ongoing supply glut capped gains. According to Reuters, Brent crude futures had…
Bearish market in crude oil – Photo
Oil is technically back in bear market territory. US light sweet crude fell 22 percent to $43.01 per barrel last week from a high of…
OPEC is bewildered as the oil market reshapes
It may be too soon to write Organization of the Petroleum Exporting Countries (OPEC)’s obituary, but the oil producer club appears in urgent need of…
$30 oil on the horizon – Video
Oil’s modest comeback did little to change the mind of one portfolio manager who is urging investors to avoid crude and energy stocks. Chad Morganlander,…
Is it a sweet Friday for crude oil? – Video
Following a mild Thursday for markets in which crude oil managed to move slightly higher, here’s what iiTrader chief market strategist Bill Baruch will be…
Oil prices came off recent lows
Oil prices edged up Thursday but remained in bear-market territory on lingering concerns about a global supply glut. Light, sweet crude for August delivery settled…
Oil stuck: Brent pinned under $45 – Photo
● Brent crude hovers at 7-month low ● Oversupply concerns rattle oil traders ● European stocks soft, US futures flat ● Chinese equities hit fresh…
Oil price hits a seven-month low – Photo
Increased supply by several oil producing countries despite cautionary advice from the Organisation of the Petroleum Exporting Countries (OPEC) and others to reduce output has…