Futures Movers: Oil Trades Sideways As Markets Weigh Demand, Supply Metrics

Investors weigh signals of global oil demand growth and U.S. oil supply, and amid caution ahead OPEC’s next meeting in early-June.

Topics:  u.s    opec s   oil   weigh   demand   supply   
BING NEWS:
  • Oil holds steady as traders weigh rise in U.S. supplies, Middle East cease-fire talks
    The EIA on Wednesday reported a climb in crude inventories of 7.3 million barrels for the week that ended April 26. On average, analysts had forecast a crude-supply decrease of 2.5 million barrels, ...
    05/2/2024 - 8:23 am | View Link
  • Wheat futures continue to soar
    US crude oil prices dropped Monday. Trader consensus was for little near-term risk from the Middle East conflict. Fundamentals were the focus, and a tightened supply-demand balance was envisaged ...
    04/25/2024 - 1:00 pm | View Link
  • Crude Oil WTI Futures Contracts
    © 2016 Market data provided and hosted by Barchart Market Data Solutions. Fundamental company data provided by Morningstar and Zacks Investment Research. Information ...
    04/25/2024 - 1:00 pm | View Link
  • Oil prices turn positive as traders continue to weigh demand prospects
    Crude oil prices rebounded, reaching their highest levels in over a week, as short-sellers tried to close out positions and Janet Yellen's optimistic views of the U.S. economy.
    04/25/2024 - 10:50 am | View Link
  • Oil futures fall as fears of a wider Middle East war fade
    Traders see a tightening supply-demand balance in the coming months, said Phil Flynn of Price Futures Group. “The fundamentals on oil are strong,” Flynn said. “The expectation is the markets are going ...
    04/22/2024 - 12:59 pm | View Link
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