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Crude Oil Prices
Oil prices rise over $2 on drawdown in U.S. crude stocks
The second-largest economy on the planet is opening back up and that’s fuel prices worldwide. China’s crude oil imports from Russia in November rose 17%…
Experts Warn of $185 Crude Oil
Last month crude oil breached the $100 per barrel mark. West Texas Intermediate has continued to run higher, approaching $120 on Thursday before pulling back…
Oil rises toward $120 after Biden hints at tougher Russian energy sanctions
Oil keeps rising w/WTI soars to highest since 2008 as Russia invasion upends the market. A decision by OPEC+ to continue its plan to gradually…
The US considers releasing emergency oil reserves
US considers releasing emergency oil reserves to bring down fuel prices. US energy secretary Jennifer Granholm is considering releasing crude oil from the government’s strategic…
Oil could top $100 per barrel in winter
Oil could top $100 per barrel if winter is colder than expected, that’s according to a note from Bank of America to its clients. Bank…
U.S. Supply Concerns Are Pushing Oil Prices Higher
Oil is moving higher on concerns Hurricane Ida damage to those regions affected has yet to be resolved. Although it has been more than two…
Crude oil prices dropped after a surge in the US gasoline inventories
Crude oil prices dropped after the official unexpected surge in the US gasoline inventories, raising concerns over waning demand. Brent crude fell by $0.36, or…
Crude oil hits 8% weekly gain and an 11-month High
Crude oil soars on Saudi production cut announcement. this comes as OPEC is expected to discuss production cuts for February. OPEC+ is responsible for 60…
Oil Prices Continue to Climb after Large Crude Draw
Oil Prices Continue Climb On Large Crude Draw. The American Petroleum Institute (API) on Tuesday reported a decrease of 4.785 million barrels of crude oil…
Oil Crude Investors fear the rise in COVID-19 infections could threaten U.S economic rebound
Investors fear continued rise in COVID-19 infections threatens U.S economic rebound Crude was boosted earlier in the week as stocks extended gains during the last…
Crude futures dive as UK enters lockdown, U.S election grips markets
Oil prices slump 4% over new COVID 19 lockdowns In Europe & US elections
Crude Oil Markets Get Hammered – New Oil Crash?
The West Texas Intermediate Crude Oil market broke down rather significantly during the course of the week, $36.25 reach downwards towards $35. U.S. West Texas Intermediate crude…
West Texas Intermediate crude slipped $3.19, or 8%, to trade at $36.60
Crude oil continues it’s schizophrenia moves during today’s trading session after reports of weakness in the post Coronavirus world. The list below is today’s top…