Losses keep piling up in the crypto market as Bitcoin drops below $60,000 and demand for Bitcoin ETFs cools off. James Seyffart of Bloomberg Intelligence is on "Bloomberg Technology.
Africa Oil Corp (TSX:AOI) has struck a deal to buy out its partner in the Prime Oil & Gas venture, which holds the firm's interests in Nigeria. The deal, which sees Prime's part-owners receive Africa
Oil futures edged higher Monday morning, attempting to build on back-to-back weekly gains as crude rebounded from an early June slump that took prices to their lowest since early February.
Jason Gabelman, Vice President at TD Cowen, discusses energy as the worst-performing sector in Q2 and whether a rebound is in store.
A strong dollar and potential high interest rates make oil's short-term outlook bearish but sensitive to geopolitical events.
WTI oil stands at $80.62, up 0.13%. Will the upward trendline sustain this bullish momentum?
Oil prices fell in early Asian trade on Monday for a second straight session, weighed down by a stronger dollar after concerns of higher-for-longer interest rates resurfaced and cooled investors' risk
Crude oil prices remain bullish short-term. Watch inventory drawdowns and Middle East tensions for potential price impacts as market tightens.
Oil markets need additional positive catalysts to test new highs.
Commodities have erased most of their 2023 losses in just the first half of this year, thanks in part to robust purchases of gold by central banks that look set to continue.
During the trading session on Friday, there was a drone attack on a Russian refinery via Ukraine, causing quite a bit of noise in the crude oil market. That being said, we are still very much a market

What's Behind This Month's Rise in Crude Oil?

11:53am, Friday, 21'st Jun 2024
What's behind this month's rise in crude oil? Ed Egilinsky discusses commodities as we head into the weekend.
U.S. crude oil has gained 3.6% for the week. Gasoline demand last week surged to the highest level for that period since the pandemic ended, according to JPMorgan.
Oil futures ticked lower Friday, but remained on track for solid weekly gains as investors gauged the potential for a wider Middle Eastern conflict that could endanger crude flows from the region, whi
Despite concerns over high interest rates and their potential impact on economic growth and oil demand, the crude oil market has shown resilience.
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