Oil hit a 2023 high in September near $98 a barrel for Brent crude, although it has since weakened to trade around $87.40 as of this writing.
November 3, 2023
1272
Crude oil is sliding again, despite a series of Draconian production cuts, imposed by OPEC+ since the beginning of this year.
June 9, 2023
1339
Crude oil prices got off to a timid start to the week, with the benchmark slipping slightly at the time of writing after edging up slightly in the previous week.
May 22, 2023
1355
Brent crude prices fell back below $80 on Tuesday initially as markets remained volatile following the Silicon Valley bank’s collapse.
March 14, 2023
1364
U.S. stocks fell ahead of this week’s last trading session, as investors' risk appetite remained swayed by this week's corporate earnings and economic data reports, as well as statements from Federal Reserve officials.
February 10, 2023
1529
Major stock futures on Wall Street are trading higher this European afternoon, drawing optimism from the latest remarks by the Federal Reserve policymakers as investors braced for the upcoming release of consumer price index (CPI) in the U.S. the next day.
January 11, 2023
1808
U.S. stock futures traded higher in early pre-market trade on Thursday ahead of the three-day Jackson Hole economic symposium, with Federal Reserve chief Jerome Powell scheduled to speak on Friday.
August 25, 2022
1859
Oil prices tumbled on Thursday on the news that the Biden Administration is considering releasing up to 180 million barrels from its petroleum reserve (SPR), close to a one-time maximum in nearly 50 years of SPR history in response to the oil and gas supply crisis caused by the geopolitical events in the Eastern Europe.
April 1, 2022
1719
Crude oil futures retested its highs not seen since October 2014 after Saudi Arabia retaliated for yesterday's deadly attack on United Arab Emirates' petroleum facilities and an airport that Houthi forces in Yemen claimed responsibility for.
January 18, 2022
1721
Several prominent oil traders have written in their recent notes that “$100 crude is fast approaching as demand outstrips supply and a climate-inspired slowdown in investment in new sources threatens to allow reserves to wither”.
November 3, 2021
1861
May 6, 2024
2963
April 12, 2024
2882
April 24, 2024
2865
