Category: Petroleum Daily

Oil prices rallied today, extending last week’s price gains as potential OPEC+ production cuts were front and center.

Oil prices ended the day higher today as the market shrugged off warnings from the Fed about economic pain ahead after initially trading lower

Oil prices traded down today, as investors braced for the possibility of return of Iranian crude.

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.