Category: Petroleum Daily

Oil prices were lower today, trading down earlier in the session and holding onto those lows.

Oil prices held steady on Monday in choppy trading on fears that high inflation and energy costs could drag the global economy into recession.

Oil prices were down again today with WTI and Brent down 7.6% and 6.4% respectively for the week.

Oil prices turned around today as low diesel inventories outweighed surprisingly high crude and gasoline stocks

Oil was lower today, for a third day in a row as some Fed officials continue to present hawkish viewpoints and the dollar strengthened.

Oil prices were lower today, extending losses from yesterday’s session as the market focuses again on recession fears and a stronger dollar.

Oil prices were lower today, cooling off slightly after last week’s massive rally. Investors are worried that economic storm clouds

Oil prices rallied again today to five week highs, trading up every single day this week with WTI up 17% week over week.

Oil prices rose again today holding at 3 week highs still gaining ground from the OPEC+ decision

Oil prices rose today to five week highs as OPEC+ agreed to cut production by 2MM/bpd, its deepest cuts since the onset of Covid-19.