Oil prices steadied Thursday as knowledge showed China’s crude imports rebounded, but market watchers expect gains to be limited by the excess in supplies as…
Posts tagged as “Oil price”
Oil Breaks Six Days Growing Candle As U.S. Stockpile Reassert Supply Worries
Oil prices dropped Wednesday, ending a multi-day candle of gains, as investors focused on oversupply risks after U.S. crude inventories rose over expected amid a…
Oil Jump 10% As Fuel Demand Sets for Revival
Oil prices leaped Thursday, extending steep gains in the earlier session on signs the U.S. crude glut is not rising as shortly as expected and…
Oil Prices Leap as Storage Capacities Fill Less Rapidly
U.S. oil costs leaped Wednesday, trimming some of this week’s losses after U.S. stockpiles surged less than expected, and on expectations, demand will increase as…
Oil Prices Tank As Countries Fall Short of Storage Capacity
Oil prices plunged Tuesday again amid concern about tanking crude storage capacity worldwide and fears that fuel demand may recover slowly once nations ease bans imposed…
U.S. Energy Companies’ Q1 Reports Show Deep Slumps
Investors are in for dangerous news on the energy front within the coming weeks as a host of the industry’s largest corporations report quarterly results…
Oil Jumps As U.S. Expects Sale to Cut Production to Record Level
Oil prices rose over 1% Tuesday after the main U.S. energy forecasting agency forecast shale production in the world’s greatest crude producer would plunge by the…