Crude nears $75 amid inventory drops and tightening global supplies. Can bullish trends sustain in a volatile market?

The oil market faces strong resistance, while natural gas positions for a positive move driven by robust heating demand.

Oil edged lower in early European trade, but broader concerns of an oversupplied market this year and uncertainties over Chinese growth limit the upside.

Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude ...

Oil futures finished higher on Tuesday, shaking off their losses from a day earlier to resume the rally they started the year ...

Oil prices rise due to expectations of China's economic stimulus, with WTI reaching its highest since October 2023.

WTI is up 0.7% at $71.11 a barrel and Brent is up 0.3% at $74.40. ([email protected]) Oil Prices Slip But Hold at Higher Levels After U.S. Inventories Report 0921 GMT – Oil prices fall, with both ...

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De Haan underscored the challenges facing the oil cartel, particularly in its ongoing struggle to sustain higher prices. Citing recent market trends, De Haan pointed to West Texas Intermediate (WTI) ...

February WTI crude oil (CLG25) Thursday closed down -0.48 (-0.68%), and February RBOB gasoline (RBG25) closed down -0.0119 (-0.60%). Crude oil and gasoline prices Thursday gave up an early advance ...

February WTI crude oil (CLG25) today is up +0.05 (+0.07%), and February RBOB gasoline (RBG25) is down -0.0068 (-0.35%). Crude oil and gasoline prices today are mixed. A weaker dollar today is ...

The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US Dollar influences the price of WTI Crude Oil, since Oil is predominantly traded ...