Category: Petroleum Daily

Despite U.S. crude inventories rising more than 10 million barrels’ week over week oil rallied for a third day to the highest level in more than a week.

Oil rallied for a second day after U.S. inflation rose less than expected and bad weather delayed initial efforts to restart the Keystone pipeline

Market participants were in the buy mode today to buy oil at the lowest price this year, as markets digested the fact that a key North American crude pipeline remains shut with no timeline for reopening.

Both crude benchmarks posted weekly losses of around 10 percent each

Oil settled lower for a fifth straight session on Thursday on the prospect of a major crude pipeline resuming service,

Oil prices have officially given up all of this year’s gains for both WTI and Brent

Oil prices fell to their lowest settlement levels this year with Brent closing below $80 for only the second time this year

Oil prices were lower today, following other financial markets lower on worries of an aggressive monetary policy.

Oil prices were lower today ahead of the OPEC+ meeting and the EU oil ban

Oil prices were mostly unchanged, retreating from an earlier rally.