Category: Petroleum Daily

Oil prices ticked up on Tuesday as the market weighed US government plans to refill the nations SPR.

Oil prices rose today rallying back after recession fears began to ease. A healthy US jobs report for April helped oil prices climb on Friday of last week

Oil prices rose on Friday but fell for a third straight week in a row.

Oil prices were stable today after falling earlier in the week as the ECB decided to slow its pace of rate hikes.

Oil prices fell again today extending yesterday’s steep losses as the market fretted on economic woes.

Oil prices tanked today to five-week lows despite larger than anticipated crude draws.

Oil prices were lower today. Bad data out of the Chinese manufactures dampened sentiment today as manufacturing activity unexpectedly fell in April.

On Mobile? Click here to download the PDF Crude prices rose today, rallying after energy firms posted positive earnings including Exxon which had its best quarter on record. Despite the gains, both contracts were down week over week for the second week in a row. “The market was down much of the week on worries […]

Oil prices edged up slightly today after yesterday’s big loss.

On Mobile? Click here to download the PDF Oil prices sank today as recession fears are outweighing supply concerns even as crude inventories fell more than expected. EIA data showed crude inventories were down 5.1MM/bbls last week, much higher than the forecasted draw of 1.5MM/bbls. Gasoline and distillate stocks both also fell, sinking 2.4MM/bbls and […]