Tags » Crude Prices

Crude Increases in Asia with U.S. Rig Count Figures Ahead

On Friday, crude prices increased a little in Asia as investors watched rig count figures in the U.S. for direction.

On the New York Mercantile Exchange, delivery of  crude futures for May increase 0.15% to $52.69 a barrel, while on London’s Intercontinental Exchange,  Brent increased gains  0.13% $55.15 a barrel, 11:02PM ET. 495 more words

Exo Capital

The Impact of Dollar On Crude Prices

Oil reached $50 per barrel for the first time since November 2015. Investors had expected a positive outcome from the OPEC meeting in Vienna. However, market analysts believe the event is meaningless. 304 more words

Shaw Academy Reviews

Is the US Gasoline Market Defying the Seasonal Downturn?

Article by Brian L. Milne, Energy Editor, Product Manager with Schneider Electric

Gasoline demand in the United States is weakest during the winter months, which Is certainly no surprise considering cold and sometimes hostile weather that limits road travel after the holidays. 757 more words

Energy Trading

Oil prices soar lifting Canadian dollar to four-week high

TORONTO – The Canadian dollar strengthened the most in nearly four weeks against its U.S. counterpart on Wednesday as oil prices soared on a deal by major oil producers to limit output. 277 more words

News

Oil prices tick higher in volatile trading

NEW YORK – Oil prices rose more than 2 per cent in volatile trade on Wednesday on speculation that OPEC members gathered in Algeria could lay the foundation for a production-limiting deal in November. 405 more words

Money

Summer Hope Dashed as Gasoline Supply Swamps Market

Fuel Marketer Intelligence: Supply Chain Dynamics to Retail Fuel Prices

Gasoline futures swung to a five-month low of $1.2760 gallon in ending July business before paring the decline on technical-driven short covering ahead of the August contract expiration, with the low plumbed during peak seasonal driving demand in the United States amid a market awash in supply. 889 more words

Energy Trading

How the Turkish Coup Attempt Impacted Oil Prices

Oil prices fell on Monday as traders shrugged off the impact of the attempted coup in Turkey and the market turned its attention to bearish fundamentals, while disruptions to crude exports in Libya lent prices some support. 348 more words

Pubdesk