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Crude oil price rises to four-week high

Brent crude, the global benchmark gained 67 cents, or 1.2 per cent, to $54.05a barrel, trading around its highest level in over three months. “Oil market participants ... prices that rallied last week as refineries shut down and created a short-term ... read more

Crude Oil Price Rises for Eight Days, the Longest Since 2012

Crude oil price recovered from ... The price rose 5.2 per cent last week for a first weekly gain in almost six years. With yesterday’s rallies, the benchmark Brent price has risen for eight trading days in a row, the longest unbroken stretch of gains ... read more

Crude Oil Price Jumps on Inventory Drawdowns

The commercial crude ... down about 3.4%. Chevron Corp. (NYSE: CVX) traded up about 1.5%, at $123.250 in a 52-week range of $102.55 to $133.88. As of last night’s close, Chevron shares are trading up about 14.9% over the past year. The United States Oil ... read more

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$3 gasoline is coming soon as demand jumps and crude oil prices rise

The national average for unleaded gasoline was $2.73 per gallon ... two years. Last week, the U.S. exported 647,000 barrels a day of gasoline, with the likely destination Mexico and South America. "We already have record crude oil production. read more

Despite Oil Back Above $68 Per Barrel, 10 Major Oil and Gas Stocks Still Negative So Far in 2018

With WTI crude oil putting ... the two largest domestic oil and gas companies are also down or will be down for 2018 if there is any additional sell-off after Wednesday. Chevron Corp. (NYSE: CVX) was last seen trading up 2.3% at $124.30 on Wednesday ... read more

Oil Futures Spike on EIA Data

CRANBURY, N.J. (DTN) -- Oil futures traded on the New York Mercantile Exchange and Brent crude ... 11 $2.0788 7-1/2 month spot high, while up 2.11cts at $20623 gallon late morning. NYMEX May ULSD futures rallied to a $2.0993 one-week high, trading 3.05cts ... read more

Mid-Day Market Update: Crude Oil Up 2.5%; Aeglea BioTherapeutics Shares Plunge

Midway through trading Wednesday, the Dow traded down ... Crude supplies slipped 1.07 million barrels for the week ended April 13, the U.S. Energy Information Administration reported. Analysts projected a decline of 500,000 barrels. Gasoline stockpiles ... read more

Stocks end modestly higher as earnings come in; oil prices surge

Energy companies rose more than the rest of the market, riding a big upturn in crude oil prices ... Silver rose 46 cents, or 2.7%, to $17.25 an ounce. Copper rose 8 cents to $3.16 a pound. In other energy futures trading, heating oil rose 3 cents to ... read more

CoT Weekly Sentiment Update – EUR/USD, USD/JPY, Crude Oil & More

Large speculators remain very long both the euro and crude oil Japanese ... Last week, we discussed the fresh net-long position in the Japanese yen contract, noting that it could be the beginning of a broader move for the currency. The 2.8k contracts ... read more

NYMEX-Crude down a fifth week on economic worries

Coming up: U.S. May payrolls data 8:30 a.m. Friday NEW YORK, June 1 (Reuters) - U.S. crude oil futures ... weekly loss since the week to May 8, 2011, when prices ended down 9.8 percent. * NYMEX July heating oil settled at $2.6279 a gallon, down 7.53 ... read more

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