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Crude oil futures - weekly outlook: August 21 - 25

Traders piled into crude contracts after reports surfaced that a unit at Exxon (NYSE:XOM) Mobil’s Baytown, Texas refinery shut down ... or about 2.3%, to end at $1.634 on Friday. It closed around 0.7% higher for the week. September heating oil finished ... read more

US Refinery Outages Influence Crude Oil Prices

September WTI (West Texas Intermediate) crude oil (IEZ) (XES) (USL) futures contracts fell 0.1% and were trading at $48.48 per barrel in electronic trading at 2:00 AM EST on August 14, 2017. US crude oil prices are near a two-week high due to the fall in ... read more

Oil prices fall 2 pct after end-of-week rally

Oil prices fell nearly 2 percent ahead of monthly contract expiration on Monday, pulling back from last week's rally built on signs the global market is starting to rebalance from chronic oversupply. Brent crude futures LCOc1 settled down 2 percent ... read more

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US stocks dip again, following back-to-back down weeks

NEW YORK (AP) — U.S. stock indexes edged lower in early trading ... U.S. crude fell 26 cents to $48.40 per barrel. Brent crude, the international standard, lost 50 cents to $52.22. Natural gas slipped a penny to $2.88 per 1,000 cubic feet, heating oil ... read more

Oil retreats after Friday's market rally

21 (UPI) --Following Friday's big rally, crude ... trading band. Representatives from the Organization of Petroleum Exporting Countries met with non-member state officials in Vienna to review the status of a multilateral deal to bring crude oil supplies ... read more

Oil Futures Down Due to Profit-Taking

NEW YORK (DTN) -- New York Mercantile Exchange oil ... the week-ended Aug. 11 showed refined product stocks edged up as output remained robust and total demand fell but remained solid at nearly 21 million bpd. September WTI crude futures settled down ... read more

Oil Prices Aren’t Rising, Despite Bullish Fundamentals (USO)

From STS OTC Corp.: Global crude oil inventories are drawing rapidly ... is running 96 percent which is higher y/y by 2.7 percent. Refining margins were slightly lower this week with the WTI 321 crack trading $19/bbl while RBOB/Brent V17 traded $11.65 ... read more

US stock indexes inch higher after back-to-back down weeks

This week may be a ... Benchmark U.S. crude fell $1.14 to settle at $47.37 per barrel. Brent crude, the international standard, lost $1.06 to $51.66 a barrel. Natural gas rose 7 cents $2.96 per 1,000 cubic feet, heating oil fell 5 cents to $1.57 per ... read more

Stocks May Show A Lack Of Direction In Early Trading - U.S. Commentary

crude oil futures are rising $0.11 to $48.62 a barrel after jumping $1.47 to $48.51 a barrel last Friday. Meanwhile, an ounce of gold is trading at $1,294, up $2.40 from the previous session's close of $1,291.60. On Friday, gold edged down $0.80. read more

Mid-Afternoon Market Update: Crude Oil Up 3%; Infosys Shares Slide On News Of CEO Resignation

Toward the end of trading Friday ... In commodity news, oil traded up 3 percent to $48.51 while gold traded down 0.12 percent to $1,290.80. Silver traded down 0.40 percent Friday to $16.985, while copper fell 0.02 percent to $2.9605. read more

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