March Wti Oil Loses $1.64, Or 2.8%, To Settle At $56.74/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
    In case WTI oil manages to settle below the $79.00 level, it will move towards the next support at $74.50 – $75.50. Brent oil is mostly flat as some traders take profits off the table after the recent ...
    05/2/2024 - 7:33 am | View Link
  • Oil falls to 7-week low on surprise US storage build, Middle East hopes
    Oil prices fell about 3% to a seven-week low on Wednesday on a surprise build in U.S. crude stocks, the prospect of a Middle East ceasefire agreement and as hopes faded for near-term U.S. interest ...
    05/1/2024 - 7:18 am | View Link
  • Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Netanyahu Says Rafah Operation Is Inevitable
    Brent oil tested new lows amid a broad pullback in commodity markets which was triggered by rising Treasury yields and worries about hawkish Fed. It should be noted that Brent oil managed to rebound ...
    04/30/2024 - 7:24 am | View Link
  • Stock market today: Stocks slide after Fedspeak as oil surges, March jobs report on deck
    Stocks slumped on Thursday as oil hit its highest price in six months and a key Federal Reserve official floated a warning that interest rate cuts might not come in 2024. The Dow Jones Industrial ...
    04/4/2024 - 6:21 am | View Link
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