U.S. Crude And Fuel Stocks Fall Below 2018 Levels | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Related News By Tsvetana Paraskova – Sep 17, 2021, 12:30 PM CDT U.S. inventories of crude oil and the...Continue Reading
By Editorial Dept – Sep 17, 2021, 12:00 PM CDT Last week, I suggested a trade that bracketed crude, going long on a break above $70 or short should CL drop below $67. That worked out well as a break above $70 was followed by a surge to over $73. I made good money on...Continue Reading
By Editorial Dept – Sep 17, 2021, 12:00 PM CDT In the latest edition of the Numbers Report, we will take a look at some of the most interesting figures put out this week in the energy and metals sectors. Each week we’ll dig into some data and provide a bit of explanation on what...Continue Reading
By Editorial Dept – Sep 17, 2021, 12:00 PM CDT Geopolitics & Conflict – Norway—the world’s North Sea offshore oil giant—has voted in critical parliamentary elections that will largely decide the fate of oil exploration. The left-wing opposition led by the Labour Party appears to have secured a stunning victory, with early results showing that...Continue Reading
By Editorial Dept – Sep 17, 2021, 12:00 PM CDT U.S. West Texas Intermediate crude oil futures are edging lower on Friday, giving back some of this week’s earlier gains. The market is being pressured by the strengthening U.S. Dollar, which is making the dollar-denominated asset more expensive for foreign buyers, the easing of concerns...Continue Reading
By Editorial Dept – Sep 17, 2021, 12:00 PM CDT Natural gas supply concerns continue to feed fears and push futures higher. As of Wednesday, the October Nymex contract was trading up over 17 cents, and Europe is in focus. Natural gas prices in Europe continue to rise, and U.S. prices are rallying around this,...Continue Reading
Democrats Want Mandate To Stop Banks From Funding Oil & Gas After 2030 | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 17, 2021, 11:30 AM CDT Several progressive House Democrats introduced this week a bill seeking to mandate the Fed to ban banks from...Continue Reading
China Oil Consumption Seen Peaking In 5 Years | OilPrice.com Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Sep 17, 2021, 11:00 AM CDT China’s oil consumption could peak in five years at a...Continue Reading
Oil Set For A Weekly Gain As Global Energy Prices Surge | OilPrice.com Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Sep 17, 2021, 10:00 AM CDT Oil prices were headed for...Continue Reading
Biden Administration Launches Probe Into Soaring Gasoline Prices | OilPrice.com Charles Kennedy Charles is a writer for Oilprice.com More Info Related News By Charles Kennedy – Sep 17, 2021, 9:30 AM CDT The Biden administration is looking into prices at the pump and why they are higher than they are supposed to be. “There’s lots...Continue Reading
