Tags » West Texas Intermediate

Oil prices fall on strong dollar, Brent near one-month low

CNBC

  • Oil prices on Monday fell on the back of a stronger dollar.
  • The dollar index rose on the back of a better-than-expected U.S. payrolls report.
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Varcoe: Moving away from a 'lower for longer' oil world

After oil prices fell into a deep downward spiral three years ago, the words “lower for longer” became a mantra across Canada’s energy sector.

It signalled a sharp change in how the industry operated, with fewer jobs, smaller budgets, a drive to cut costs and improve efficiency. 890 more words

Energy

Oil price optimism would be 'misplaced' in early 2018, strategists say

CNBC

Sam Meredith |

There’s little reason to expect oil prices to extend gains through the first quarter of 2018, energy strategists have told CNBC. 755 more words

Oil Prices Collapse, then Rebound a Bit

The Price of West Texas Intermediate crude oil went through a crash. Though prices have mostly recovered now, this might mean lower prices at the pump. 191 more words

Economics

Oil Prices Decline on Bloated U.S. Crude Storage

On Wednesday, oil prices plunged as increasing crude stocks in the United States underscored a continuing global fuel supply overhang in spite of an OPEC-led effort to reduce production. 471 more words

Trade12 Reviews

U.S. Crude Strengthens on Surprise U.S. Stock Draw

On Wednesday, U.S. oil prices increased more than 2% in early Asian trade, recovering from a three month low after industry statistics indicated a surprise drawdown in U.S. 451 more words

Commodities