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Brent Crude Oil surges on US-China agreement and easing recession fears
Brent Crude Oil has extended gains at the start of the trading week, buoyed by a temporary easing in geopolitical tensions and improving macroeconomic sentiment.
US Nat Gas opens lower on storage surplus - ING
US natural gas prices fell early Thursday as rising inventories outweighed modest weather-driven demand expectations, with the supply surplus building faster than anticipated, ING's commodity experts Ewa Manthey and Warren Patterson note.
Oil gains on easing trade tensions - ING
NYMEX WTI is trading above $63/bbl, while ICE Brent was seen approaching $66/bbl on US-China trade talk optimism.
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Monday, early in the European session. WTI trades at $61.45 per barrel, up from Friday's close at $60.68.
WTI sits near two-week high, just below $61.00 as traders await US-China trade deal details
West Texas Intermediate (WTI) US Crude Oil prices rise to a nearly two-week high during the Asian session on Monday, though bulls struggle to find acceptance or build on the momentum beyond the $61.00 mark.
EIA lowers forecast for US oil production - Commerzbank
The US Energy Information Administration (EIA) has revised its forecast for US crude oil production downwards, Commerzbank's commodity analyst Carsten Fritsch notes.
China also imported large quantities of crude oil in April - Commerzbank
Chinese refineries continued to import large quantities of crude oil in April, Commerzbank's commodity analyst Carsten Fritsch notes.
Kazakhstan continues to produce too much oil - Commerzbank
Kazakhstan continues to produce significantly more oil than agreed and apparently has no plans to reduce production in May, Commerzbank's commodity analyst Carsten Fritsch notes.
Crude Oil price today: WTI price bearish at European opening
West Texas Intermediate (WTI) Oil price falls on Friday, early in the European session. WTI trades at $59.89 per barrel, down from Thursday's close at $59.96.
WTI maintains position near $60.00, upside appears due to easing trade tensions
West Texas Intermediate (WTI) crude Oil price edges lower during Asian trading hours on Friday, trading near $59.80 per barrel after posting a nearly 4% gain in the previous session.
WTI Crude Oil climbs as US inventories fall, trade talks support demand outlook
WTI Crude Oil is trading sharply higher on Thursday as oil prices benefit from the combination of falling United States (US) stockpiles and growing optimism around upcoming US-China trade talks, which have raised hopes of a potential de-escalation in tensions between the world's two largest economie
Choppy session for oil - ING
It was a choppy session for the oil market yesterday. Initially, Brent rallied amid growing hopes of de-escalation in trade tensions between China and the US, with talks set to start this weekend, ING's commodity experts Ewa Manthey and Warren Patterson note.
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $58.35 per barrel, up from Wednesday's close at $57.68.
WTI rises above $58.00, trade uncertainty caps gains
West Texas Intermediate (WTI) crude Oil price recovers some ground during Thursday's Asian session, trading around $58.10 per barrel after recent losses. The rebound is supported by a decline in US crude inventories.
WTI strives to break above $60 on hopes of de-escalation in US-China trade war
West Texas Intermediate (WTI), futures on NYMEX, aims to extend its two-day recovery move above the key resistance of $60.00 during European trading hours on Wednesday.
European gas prices surge on EU energy plan - ING
European natural gas prices displayed plenty of strength yesterday, ING's commodity experts Ewa Manthey and Warren Patterson note.
US-China trade talk hopes push oil higher - ING
News that the US and China will start trade talks this weekend has Brent crude trading higher, extending a relief rally in oil yesterday. Talks would be a sign of potential de-escalation in trade tensions.
Crude Oil price today: WTI price bullish at European opening
West Texas Intermediate (WTI) Oil price advances on Wednesday, early in the European session. WTI trades at $59.35 per barrel, up from Tuesday's close at $58.71.
WTI advances to one-week high, closer to mid-$59.00s as traders eye US-China trade talks
West Texas Intermediate (WTI) US Crude Oil prices gain some follow-through positive traction on Wednesday and climb to a one-week high during the Asian session.
US oil industry set to slow - ING
The weakness in oil prices will prompt a pullback in drilling activity in the US, ING's commodity expert Warren Patterson notes.
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