Oil futures turned lower with the market leaning toward expectations of a quick end to the latest military strikes between ...
Crude oil and refined product futures prices were falling for a second day Friday but remained on track for solid weekly gains as uncertainty remains over the future course of the conflict between the ...
Oil prices fell on OPEC+’s decision to hike production and due to the continued recovery in shipping through the Strait of ...
Oil fell in early Asian trade on prospects that the U.S.-Iran tensions may be contained.
Oil futures pulled further away from pre-war levels as strikes resumed between the U.S. and Iran and the U.S. canceled its ...
The oil market, like nature, abhors a vacuum. It’s got one anyway, and a big one at that. Roughly 15 million barrels a day of oil supply, 15% of global demand, are bottled up in the Strait of Hormuz.
Speculator positioning in oil futures may exacerbate the fresh rally in crude, according to Ole Hansen, head of commodity ...
Oil futures remain well below physical prices, suggesting markets are underestimating the scale and duration of the Middle East supply shock. Crude cargoes outside the Gulf are trading at extreme ...
Crude futures are near pre-war levels while resisting further declines despite optimism about resumed oil flows through the Strait of Hormuz. Futures markets have been following headlines, and are ...
It's time to revisit what the oil futures market is pricing in. The data make for fascinating reading and, arguably, positive news for investors in energy stocks such as Chevron (NYSE: CVX) and ...
Contango occurs in oversupplied markets, while backwardation reflects undersupplied or tight markets. Since 1985, the crude oil market has been in contango – when near-term prices are lower than ...