October 23, 2020
Via: Market WatchOil futures gained ground Friday but remained on track for weekly losses, dogged by supply concerns as output from Libya rises, along with worries about crude demand as the number of new COVID-19 cases continued to accelerate globally. West Texas […]
September 23, 2020
Via: Market WatchOil futures attempted to gain ground Wednesday, with crude trying to find some support after data from an industry trade group showed a fall in fuel inventories. The moves for crude comes as Wall Street looks to extend a bounce, […]
September 18, 2020
Via: Market WatchOil futures pulled back Friday, but remained on track for big weekly gains after jumping in the previous session as Saudi Arabia’s energy minister took a stern tone on compliance with OPEC+ production curbs and dared speculators to short crude. […]
September 11, 2020
Via: Market WatchOil futures were mixed Friday, and remained on track for a second consecutive weekly loss as worries over the outlook for demand continued to weigh. West Texas Intermediate crude for October delivery CL.1, -0.51% CLV20, -0.51% rose 11 cents, or […]
May 19, 2020
Via: Market WatchU.S. oil prices were slightly higher early, as a contract expiration, which roiled markets last month, comes back into focus, but this time amid a market that appears to be demonstrating signs of better supply-demand alignment. The June Nymex contract […]
August 30, 2019
Via: Market WatchOil futures fell Friday, but the U.S. benchmark remains on track for a more-than-3% weekly rise after a large fall in U.S. inventories and some cautious optimism on trade. West Texas Intermediate crude for the October delivery CLV19, -1.32% fell […]