News

Oil futures headed higher for the fourth time in five sessions as seasonal demand partly offset the loss of geopolitical risk premium.
The FCG ETF benefits from U.S. energy policy shifts favoring increased oil and gas production. Read more on how investors can ...
The information and opinions expressed below are based on my analysis of price behavior and chart activity. Tuesday, June 24, ...
Light crude futures continued to push higher Wednesday, extending a rally that began with a breakout above the 50-day moving average at $62.20. Traders now have their sights set on resistance at ...
Meanwhile, U.S. crude exports fell 794 kb/d w/w, tempered by a counter-seasonal 162 kb/d fall in crude oil refinery runs as well as a 262 kb/d increase in imports.
U.S. crude oil production surged to an all-time high of 13.24 million barrels per day (bpd) in April, according to newly ...
Israel’s June 13 attack on Iran caused NYMEX crude oil prices for August 2025 delivery to rise to a new high for 2025. The daily year-to-date chart shows the June 13 rally that led to a high of ...
Crude oil and gasoline prices on Thursday rallied mildly due to the decline in the dollar index (DXY00) to a 3-1/4 year low. Also, Thursday's rally in the S&P ...
The daily chart for WTI crude oil shows a rebound from strong support near the $55 area. However, prices failed to break above the $66 level, indicating the market remains in a bearish trend.
Wednesday’s EIA report showed that (1) US crude oil inventories as of May 30 were -7.0% below the seasonal 5-year average, (2) gasoline inventories were -1.6% below the seasonal 5-year average ...