Oil Futures

Despite ongoing concerns about a US economic recession putting pressure on the market, tightening global supplies have boosted market sentiment, and a decline in the US dollar exchange rate has…

On Tuesday (May 16th), during the Asian-European session, US crude oil traded in a narrow range, currently around $70.95 per barrel. The US announcement of repurchasing oil for its emergency…

Crude oil futures are financial contracts that allow traders to buy or sell crude oil at a predetermined price and date in the future. These contracts are traded on futures…

On Thursday, U.S. crude oil futures fell by more than 2%, as economic concerns persist. The impasse over the U.S. debt ceiling, rising initial jobless claims, and weak economic data…

US WTI crude oil futures fell for a second consecutive trading day on Thursday as traders continued to weigh the outlook for energy demand. Edward Moya, senior market analyst at…

WTI Crude Oil Futures for June Close Down $1.15, or 1.56%, at $72.56 per Barrel. Brent Crude Oil Futures for July Close Down $1.03, or 1.33%, at $76.41 per Barrel.

New York WTI crude oil futures closed lower on Wednesday, after the US Energy Information Administration (EIA) reported the first increase in crude oil inventories in four weeks. WTI crude…

Oil futures are a type of financial instrument that allows traders and investors to buy or sell a specified quantity of oil at a predetermined price and delivery date. These…