August Wti Oil Gains 93 Cents, Or About 2.4%, To Settle At $40.55/bbl

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BING NEWS:
  • Oil settles near 7-week lows, focus shifts to economy
    Oil prices settled on Thursday near their lowest level in seven-weeks, narrowly mixed and under pressure from weaker global demand, rising inventories and fading hopes for a quick cut in U.S. interest ...
    05/2/2024 - 9:07 am | View Link
  • Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Attempts To Rebound After Yesterday’s Sell-Off
    WTI oil is swinging between gains and losses as traders remain focused on the recent EIA report, which showed a significant increase in U.S. crude inventories. In case WTI oil manages to settle below ...
    05/2/2024 - 7:33 am | View Link
  • Oil prices pare gains on U.S. inflation concerns
    Oil prices fell in early Asian trading on Monday, reversing gains from Friday as U.S. inflation data further dimmed the prospects of interest rate cuts anytime soon and boosted the dollar, which hurts ...
    04/28/2024 - 1:29 pm | View Link
  • Oil settles higher on supply concerns in the Mideast, economic woes subdue gains
    Oil prices settled higher on Friday, garnering support from tensions in the Middle East, but a strong dollar and U.S. inflation data quashed hopes that the Federal Reserve would cut interest rates ...
    04/26/2024 - 7:19 am | View Link
  • Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Stabilizes As Traders Wait For Catalysts
    Brent oil has also stabilized after wild swings seen in recent trading sessions. Traders are waiting for additional catalysts. RSI is in the moderate territory, so there is plenty of room to gain ...
    04/22/2024 - 7:26 am | View Link
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