Crude Oil

Crude Prices Rally as Oversupply Fears Recede

June WTI crude oil (CLM25) Tuesday closed up +1.96 (+3.43%), and June RBOB gasoline (RBM25) closed up +0.0417 (+2.06%). Crude…

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OPEC+ Mulls Accelerated Output Hike in June, Eyes Increase of Up to 400,000 Bpd

The June WTI (CLM25) contract settled at 58.29 (-0.95) [-1.60%], high of 59.87, low of 57.74. Cash price is 59.24 (+1.04). Open interest…

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Crude Prices Climb as a Stock Rally Boosts Market Sentiment

June WTI crude oil (CLM25) Thursday closed up +1.03 (+1.77%), and June RBOB gasoline (RBM25) closed up +0.0315 (+1.56%). Crude…

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Commodity Market Roundup- April’s Top Performers and Underperformers

A weaker dollar index and a decline in the long-term bond prices were competing bullish and bearish factors for commodities…

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Oil Prices Hit Four Year Low at $58

Oil prices have plummeted to their lowest level in four years, with West Texas Intermediate (OIL.WTI) crude dropping more than…

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Crude Oil Prices Fall Sharply on Energy Demand Concerns

June WTI crude oil (CLM25) Tuesday closed down -1.63 (-2.63%), and June RBOB gasoline (RBM25) closed down -0.0368 (-1.76%). Crude…

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Crude Prices Moderately Higher on Hopes of De-Escalation of Tariffs

June WTI crude oil (CLM25) Friday closed up +0.23 (+0.37%), and June RBOB gasoline (RBM25) closed up +0.0109 (+0.52%). Crude…

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Let’s Talk Commodities – Oil, Natgas, Cocoa And Gold

Oil: Oil prices hold near 2-week highs. WTI crude is around $63 per barrel. However, the price saw a decline…

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WTI Moved Lower on Higher Than Expected Crude Inventories

02:30 PM GMT, United States – EIA Data: Crude Oil Inventories: actual 0.515M; forecast 0.400M; previous 2.553M; Crude Oil Imports: actual -2.044M; previous…

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Commodities – Oil, Gold, Natgas And Copper

Crude Oil: Goldman Sachs, in its latest report, expects a lower trading range for Brent crude of $59–63 per barrel…

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