Futures for crude oil drifted lower, pushing Brent crude further into the bear territory a day after the highlight of global economic growth concerns by the Federal Reserve. November delivery light sweet crude futures on the New York Mercantile Exchange dropped 0.4% or 37 cents to $86...
Crude-oil futures remained subdued on Tuesday with prices moving in a narrow trading range. On the New York Mercantile Exchange, light, sweet crude futures for delivery in November CLX4, +0.11% traded at $90.27 a barrel, down 7 cents in the Globex electronic session...
There are 101 reasons why oil has fallen as hard as it has, hitting a two-year low. The main reason in the back of it all is U.S. oil production...
On Thursday crude oil futures fell steeply, as concerns over abundant global supplies and worries over weakening demand dragged prices lower...
SAN FRANCISCO (MarketWatch) — Crude-oil futures rose Monday on news U.S. consumer spending rebounded, suggesting the U.S. economy kept growing, albeit modestly. The news stoked hopes that demand for oil may head higher along with prices. So far, futures have been ticking higher...
On Monday there was a decline in crude oil futures, as the broad strengthening of the U.S. dollar weighed on demand for the commodity...
On Thursday crude oil futures slid lower, after rising to a four-day high caused by a decline in U.S. stockpiles, as wide supply from the Middle East continued to weigh...
Pennsylvania Democratic gubernatorial aspirant Tom Wolf on Thursday paid a visit to the STEM Academy, which is located in Chester, to discuss with teachers and students about the quality and state of education in financially-constrained school districts...
Today West Texas Intermediate oil futures were weaker, as investors were waiting for the release of weekly supply data out of the U.S. later in the session to gauge the strength of oil demand from the world’s largest consumer...
Today traders vividly try to take advantage of a so-called “contango” structure in Brent crude, market slang for when prices for future delivery exceed spot prices, by keeping oil in storage and banking on an almost risk-free profit when they sell it forward, or in the future...
Gasoline prices have steeply fallen from highs hit in June, and now markets are signaling that consumers will get even more relief at the pump...
US crude stocks dropped less than expected in the past week as gasoline stocks fell amid a rise in distillate inventories, according to Energy Information Administration data. In comparison to the 1.1 million barrels drop expected by analysts, the crude inventories dropped 905,000 barrels...
Today in the Asian session crude oil gave back 42 cents to trade at 95.12 while Brent oil is down just 15 cents at 102.22...
An anti-fracking organization in Belcoo in County Fermanagh, Northern Ireland, is trying to convince farmers to vow “not on my land” as it tries to prevent fracking companies from gaining a foothold in the area...
Oil prices rose in Asia today as dealers await the release of a batch of US economic data for clues on whether the Federal Reserve will speed up its timetable for raising interest rates, analysts said. US benchmark West Texas Intermediate for October delivery rose 20 cents to USD 93...
Prices are testing support at 101.61, the 61.8% Fibonacci expansion, with a break below that on a daily closing basis exposing the 76.4% level at 99.96. Positive RSI divergence points to ebbing downside momentum however, warning a bounce may be ahead. A move above the 50% Fib at 102...
Prognosis of future revenues from North Sea oil and gas by an economics watchdog have been described as "incredibly pessimistic" and could be six times lower than the actual levels, according to a report...
Prices are attempting to recover after putting in a bullish Piercing Line candlestick pattern above support at a rising trend line set from June 2012. Near-term resistance is at 98.93, the 14.6% Fibonacci expansion, with a break above that exposing the 23.6% level at 100.41...
Prices edged below support at 101.87, the 23.6% Fibonacci expansion, exposing the 38.2% level at 100.61. This barrier is reinforced by a rising channel top at 100.28. A break below that on a daily closing basis eyes the 50% Fib at 99.58. Alternatively, a turn back above 101...
