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.

Oil prices were higher today buoyed by optimism of tighter supply and a weaker dollar.

Oil prices were higher today on expectations of a lessening of Chinas strict Covid policy

Oil prices were mixed today after both contracts initially traded lower.

Oil prices fell today in thin market liquidity, closing a week marked by worries about Chinese demand and haggling over a Western price cap on Russian oil. China reported a record number of Covid-19 cases today, stoking demand fears. “Because there’s light volume after the holiday, we’re giving up some of the gains here a […]

Oil prices sank today, continuing a streak of volatile trading as a big build in gasoline inventories surprised markets. Gasoline stocks rose by 3.1MM/bbls, but were only forecasted to have a build of 383K. “The build-in gasoline is kind of a shock,” said Phil Flynn, an analyst at Price Futures Group. “The increase in gasoline […]