Tag: energy markets
WTI Jumps After CME Glitch as Brent Slips on Geopolitical Fears
U.S. West Texas Intermediate crude futures moved higher after trading resumed on the contract. The rise came after a system outage at CME Group...
Oil Prices Stay Flat as Analysts Warn of Quiet Thanksgiving Trading
Oil prices were largely steady on Thursday, with trading activity expected to be limited due to the Thanksgiving holiday in the United States.
As of...
Oil Prices Drop 1.5% as Russia-Ukraine Peace Talks Gain Momentum
Oil prices dropped by 1.5% on Friday, marking the third straight day of losses. The decline came as the United States pushed for progress...
Natural Gas Storage Falls More Than Expected, Strengthening Bullish Price Outlook
The Energy Information Administration (EIA) has released its latest Natural Gas Storage report, showing a bigger-than-expected draw in underground inventories. Storage levels fell by...
Oil steady as markets weigh Russia sanctions and supply-glut risks
Oil prices were little changed on Tuesday during a volatile trading session, as markets balanced the impact of Western sanctions on Russian crude against...
Crude Slides After Russian Export Hub Resumes Loadings
Oil prices retreated on Monday, reversing last week’s gains after crude loadings resumed at Russia’s key Novorossiysk export hub. Operations at the Black Sea...
Oil Slips as US Stockpiles Rise and OPEC Alters Outlook
Oil prices moved slightly lower on Thursday, continuing the decline from the previous session. A new report showing higher U.S. crude inventories increased concerns...
Oil Prices Slip as Strong Dollar and Market Sell-Off Weigh on...
Oil Prices Edge Lower Amid Strong Dollar and Global Market Sell-Off
Oil prices fell slightly on Wednesday as a strong U.S. dollar and a broad...
Crude Dips as OPEC+ Output Plans Spark Supply Worries
Oil Prices Fall on Oversupply Concerns After OPEC+ Output Decision
Oil prices slipped on Tuesday as investors interpreted OPEC+’s decision to pause output hikes in...
Shell Profit Surges in Q3, Beating Market Estimates
Shell Q3 Profit Beats Forecasts as Gas Division Strengthens
Shell reported better-than-expected third-quarter profit on Thursday, supported by robust performance in its gas business, and...
