Oil settles down on worries over European banks, U.S. crude reserve
Banking stocks slide Deutsche Bank, UBS financial uncertaintyYellen convenes Financial Stability Oversight Council meetingU.S. could take years to refill oil...
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Will Brent Break Below $70 This Year?
Brent oil prices briefly slumped to $70 per barrel on Monday as fears of a recession and a wider banking...
Little-Known Traders Now Rule Russian Oil Markets
Historically, giant commodity traders such as Switzerland's Vitol, Glencore, and Gunvor as well as Singapore's Trafigura have dominated the global...
Commerzbank slashes its 2023 midyear Brent crude oil forecast to US$80 a barrel (from
In a note from commodity analysts at CommerzBank, some snippets pertinent to their oil price outlook:The price slide is chiefly...
Chevron, Energy Stocks Advance As Russian Oil Finds Home In China
Chevron (CVX) streamed higher along with other energy stocks Monday as U.S. oil futures dipped to 15-month lows. Meanwhile, despite...
Latest Oil Market News and Analysis for March 20
Oil steadied at the week’s open as the world’s most powerful economies took aggressive steps to contain the worst global...
President Petro Can’t Afford To Ban Oil Exploration In Colombia
A contentious move by Colombia's first leftist President Gustavo Petro to end hydrocarbon exploration in the strife-torn Latin American country has exposed...
Closing prices for crude oil, gold and other commodities
Benchmark U.S. crude oil for April delivery fell $1.61 to $66.74 a barrel Friday. Brent crude for May delivery fell...
EIA Annual Energy Outlook: U.S. To Remain Net Exporter Of Petroleum Products
In its Annual Energy Outlook 2023 published on Thursday, the Energy Information Administration predicted that high international demand for petroleum...
Oil slumps $5/bbl to lowest in more than a year as banking fears mount
Crude benchmarks extend losses, hit lowest since Dec. 2021Credit Suisse unease sparks global sell-offU.S. crude stockpiles build more than expectedChina...
