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US Oil Exports Make WTI Nearly 24 Hour Benchmark

The crude oil futures ... hours, making the WTI contract an almost 24-hour benchmark, Owain Johnson, managing director for energy research and development at exchange operator CME Group, said on Thurs... read more

Crude Oil Moves Lower On Inventories: An Opportunity

The crude oil ... to the low than the early June peak. The price of lumber hit an all-time high at $659 per 1,000 board feet in May, and on October 18 the price of wood futures was trading at ... read more

Oil rises on looming Iran sanctions, but US-China trade war caps gains

Published 3 Hours ... to U.S. oil flows from the rising output and the increase in exports, the Intercontinental Exchange said its new Permian West Texas Intermediate crude futures contract de... read more

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Crude Oil Futures Fall After US, China Data

Light sweet crude for October delivery declined 0.12 percent or 11 cents to $95.19 a barrel in electronic trading on the New York Mercantile Exchange during the Asian trading hours while Brent crude o... read more


Crude Oil: EIA Reports A Rise In Weekly US Crude Inventories

For the 24 hours to 23:00 GMT, Crude Oil declined 3.1% against the USD and closed at USD69.94 per barrel, after the Energy Information Administration (EIA) report indicated that US crude ... pair is t... read more

China's Oil Futures Launch With A Bang

China’s yuan-denominated crude oil futures launched today in Shanghai with 15.4 million barrels of crude for delivery in September changing hands over two and a half hours ... US$69.94 (440.4 yuan) pe... read more

U.S. Midland crude firms, Cushing weakens ahead of pipeline startup

NEW YORK (Reuters) - The upcoming startup of an expanded crude pipeline from the Permian Basin to Cushing, Oklahoma has rapidly strengthened oil ... trading at a premium. U.S. crude for delivery in No... read more

Crude Oil Futures Edge Lower Ahead Of OPEC Meeting

Crude oil futures are slightly lower Thursday as investors await the ... 0.11 percent or 9 cents to $82.53 a barrel in electronic trading on the New York Mercantile Exchange during European trading ho... read more

Gold Holds Steady As USD Weakens on Retreating US Bond Yields

Spot Gold XAUUSD held steady within yesterday’s high and lows for majority of Asian market hours ... Crude oil futures were lower during mid-morning trade in Asia Wednesday ahead of the release ... read more

Market Pessimism, Weak Oil Prices Lower Energy Stocks

Energy stocks are lower ... included oil production figures that were in line with the midpoint of guidance. WTI and Brent futures are trading in tandem, each down about half a percent, as geopolitica... read more



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