Author: David Cohen

Oil prices were higher today, but prospects for immediate OPEC+ cuts dimmed.

Oil prices rallied today, buoyed by the prospect of OPEC+ output cuts.

Oil prices were mostly flat for the day, after initially trading lower earlier on in the session but trading back up later in the day.

Oil prices were higher today, but still down for the weak as a stronger dollar and slowing global economy was the theme for this week. USD strength hit a five week high. “Although the oil complex has been able to shrug off a strong dollar on any given session, extended strong dollar trends will pose […]

Oil prices were stronger today, gaining about 3% on positive economic data. WTI traded up $2.39 or 2.7% to close at $90.50.

Oil prices rose today, buoyed by a big drawdown of crude inventories and record crude oil exports

Oil prices were down again today, sinking another 3% as global recession concerns continue to pressure markets.

Oil prices sank today after disappointing Chinese economic data renewed concerns of a global recession.

Oil prices sank today but were still on track for weekly gains despite supply disruptions in the Gulf which are only expected to be short-term.

Oil prices were strong today as OPEC (in contrast with the IEA) lowered its demand forecast for 2022.