U.S. oil futures settle above $90 a barrel

02:39pm, Thursday, 14'th Sep 2023
Oil prices climbed Thursday, with U.S. benchmark crude ending above $90 a barrel for the first time this year. “Oil is so bullish that even a strong dollar can't derail the rally,” said Edward Moy
Bulls enjoy the strong rally in the oil markets.
US crude oil prices jumped above the $90 a barrel level for the first time in 10 months. Crude oil prices are up 12% year-to-date and are up 40% from their March low of $64 a barrel.
OPEC on Thursday sharply criticized the IEA's forecast that demand for fossil fuels like coal, oil and gas will peak before the end of the decade.
Gas prices are nearing a record high for this time of year, and they are likely to rise a few cents in the coming week due to rising wholesale prices. But some relief may be coming.
Oil prices rebound as Brent and WTI firm on supply constraints and demand forecasts, despite an unexpected U.S. crude inventory rise.
Oil prices edged higher on Thursday, after dipping slightly in the previous session, as markets refocused on expectations of tight crude supply for the rest of 2023.
Oil prices settled lower on Wednesday, shaking off earlier gains fueled by a forecast from the International Energy Agency for potential global supply deficit in the fourth quarter. The latest U.S. in
Francisco Blanch, global head of commodity & derivatives strategy at BofA Securities, joins 'The Exchange' to discuss supply levels fueling the price runup in oil markets, consistent growth in oil inv
Oil traders take some profits off the table near multi-month highs.
Domestic oil production increased from 12.8 million bpd to 12.9 million bpd as producers reacted to higher prices.
The crude oil market rallied a bit during the trading session on Wednesday, as we continue to see upward pressure on crude oil overall.

Oil prices extend rise on supply worries

08:01am, Wednesday, 13'th Sep 2023
In its monthly report, the Paris-based International Energy Agency said that cuts from Saudi Arabia and other members of the Organization of the Petroleum Exporting Countries have taken 2.5 million ba
Brent futures and WTI crude surge, echoing OPEC's bullish demand outlook and tighter global oil inventory projections.
Oil prices edged higher on Wednesday, hovering at a new 10-month high hit the previous day, as expectations of tighter global supply and fears of supply disruption in Libya outweighed concerns of slow
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