U.S. crude oil and Brent are still up 1.2% and 2%, respectively, this week as tensions between Iran and Israel remain high. Gaza cease-fire talks are scheduled to take place in Qatar Thursday.
Oil futures were up slightly Thursday morning, attempting to bounce after back-to-back declines as investors eyed the outlook for demand from China and monitored the threat of a direct confrontation b
Oil prices rise on U.S. rate cut hopes, but global demand concerns linger, with China's weakening economy adding pressure. Read the full oil outlook analysis.
As WTI approaches $77.25, traders are watching trendline support closely, anticipating a strong upward move that could ignite buying interest.
Carlyle's Jeff Currie shares his take on how various market forces have pushed commodities into a new “supercycle.”
Oil prices rose on Thursday, recovering some of the previous day's loss, on hopes of potential U.S. interest rate cuts boosting economic activity and fuel demand, though lingering concerns over slower
Oil markets are losing ground amid demand worries.
Gasoline inventories decreased by 2.9 million barrels from the previous week.
The oil markets have pulled back a bit in the early hours of Wednesday, as the markets are taking a bit of a breather at this point in time.

Too Calm in Crude Oil Markets? "It's a RED Flag"

09:13am, Wednesday, 14'th Aug 2024
From Gold near all-time highs to Crude Oil's recent range-bound activity, Decarleytrading talks about seasonality in the commodity space and what levels investors need to watch this week. Garner says
A ceasefire deal in Gaza could prevent Iran from attack Israel, President Joe Biden said. But the president said efforts to reach a cease-fire are "getting hard.
Oil futures edged lower early Wednesday as investors awaited official data on U.S. crude and product inventories after data industry data showed declines.
Middle East tensions and falling U.S. oil inventories lift crude prices, with inflation data looming.
WTI Crude oil edges close to $79, with an upward channel suggesting a strong buy signal—are you ready to take action?
Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eastern war, which could curtail global oil
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