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Crude Oil Price Barely Blinks Following EIA Inventory Report

U.S. refineries produced about 9.5 million barrels of gasoline a day last week, down ... crude oil prices will break out of a tight trading band of $45 to $50 a barrel. According to AAA, the current national average pump price per gallon of regular ... read more

Is NYMEX Crude Oil Heading For $55 Per Barrel?

Last week ... has spent most of 2017 trading on either side of the sweet spot price of $50 per barrel. From January through May crude oil was above $50 per barrel and from June through September, it was below. The move down to the lows of the year in ... read more

Oil Prices Inch Higher After Surprise Crude Draw

At 2:40pm EST, WTI was trading down 0.69% (-$0.36) at $51.86, while Brent crude traded down 0.92% (-$0.54) at $57.89—dollars above last week’s levels. Gasoline was also trading down on Tuesday, at $1.64, down 1.54% on the day. This week’s crude oil ... read more

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Oil futures tally a weekly loss of nearly 15%

SAN FRANCISCO (MarketWatch) — Crude-oil futures ended a seesawing ... Read more about the jobs report. Heating oil for June delivery HOM11 fell 4 cents, or 1.4%, to end at $2.85 a gallon, down over 13% for the week. The contract plunged 26 cents ... read more

Crude falls as flooding from Harvey roils U.S. oil industry

The new Brent contract for November delivery was down 10 cents at $52.76 barrel. The contract for October delivery, which ended trading on Thursday, closed up $1.52, or 2 ... week, hitting an estimated 9.85 million barrels per day. (For a graphic on crude ... read more

Crude oil futures - weekly outlook: August 28 - September 1

The rise in oil prices on Friday failed to offset losses sustained earlier in the week, as crude futures slipped to their fourth-straight weekly loss. New York-traded crude ended the week down 64 cents ... September inched up 0.2 cents, or about 0.2% ... read more

Oil rebounds after volatile week

LONDON: Oil prices rebounded on Friday on bargain-hunting at the end of a volatile trading week ... 2.82 in New York on Thursday while Brent shed $1.58 in London, in a delayed reaction by traders to a bigger-than-expected 9.4 million barrels increase in US ... read more

Crude oil falls after Harvey floods US refineries

Oil ... week. Brent crude for November was down 50 cents at $52.36 a barrel by 0930 GMT. The Brent contract for October, which expired on Thursday, closed up $1.52 at $52.38. US crude was last down 50 cents at $46.73 a barrel. The contract rebounded 2.8 ... read more

Why Are Oil Prices Falling? Here Are Four Reasons Crude Prices Continue To Trend Lower

Oil prices tumbled to a six-year low Monday, driven by renewed fears of oversupply and a surging U.S. dollar. Crude prices were also weighed down amid ... hit a six-week low of $52.50 in intraday trading and then dropped more than 2 percent, to close ... read more

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