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Crude Prices Gain on Dollar Weakness and Energy Demand Optimism
December WTI crude oil (CLZ25) on Thursday closed up +0.20 (+0.34%), and December RBOB gasoline (RBZ25) closed up +0.0043 (+0.22%). Crude oil and gasoline prices settled higher on Thursday, recovering ... Read More
Oil Prices Edge Higher as U.S. Shutdown Nears End, Oversupply Caps Gains
Oil prices stabilized with modest gains on Monday as the end of the 40-day U.S. government shutdown offered a demand boost, but the market remains capped by persistent global oversupply and cautious ... Read More
Oil gains on hopes US government to reopen soon
Oil prices rose on Monday on optimism that the U.S. government shutdown could end soon and lift demand in the world's top oil consumer, offsetting concerns about rising supplies globally. Brent crude ... Read More
U.S. sanctions on Russia’s two biggest crude producers lifted oil prices this week — but will the rally last?
Oil prices on Friday posted their biggest weekly gains since June, after the U.S. imposed sanctions Wednesday on Russia’s Rosneft Oil Company and Lukoil OAO. West Texas Intermediate crude for December ... Read More
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