Oil dips again as dollar rebounds, U.S. crude builds weigh
By Barani Krishnan Investing.com - Counting on the dollar’s weakness can never be a sure thing for oil bulls, especially when U.S. crude builds are heading for the skies while demand...
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Oil longs scratch head as U.S. crude stocks hit 20-month highs
By Barani Krishnan Investing.com - Oil bulls were in search of their mojo again on Wednesday as crude prices tumbled almost 3% from a sixth straight build in U.S. stockpiles and OPEC+’s...
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U.S. crude inventories up 4.14M barrels last week, hit 20-month highs
By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a sixth straight week last week, up manyfold and more than expected, reaching their highest in 20 months. U.S. crude...
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Oil resumes rally as refinery outages offset 16-month high in crude stocks
By Barani Krishnan Investing.com -- Oil resumed its rally on Wednesday after a one-day breather as traders focused on unplanned refinery outages versus crude stockpiles at 16-month...
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U.S. crude inventories up 0.5M barrels last week, stockpiles at Sept. 2021 highs
By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for a fifth straight week last week, with less than a third of expected gains although that still bumped up total inventories...
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U.S. crude inventories up 3.4 million barrels last week: API
By Barani Krishnan Investing.com -- U.S. crude stockpiles had another multi-million barrel build last week, trade group API said Wednesday, as refiners slowed down the output of fuel...
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Oil slumps 2% on weak U.S. manufacturing, new crude build forecast
By Barani Krishnan Investing.com - Oil’s two-week rally paused meaningfully for the first time on Tuesday as crude prices fell as much as 2% from a contraction in U.S. manufacturing that...
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Oil up 3% despite big U.S. crude build as bulls bet on weaker CPI, Goldman call
By Barani Krishnan Investing.com -- Oil prices defied a humongous U.S. crude build to rally 3% Wednesday as bulls in the market bet instead on weakening rate hikes from sagging inflation and...
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U.S. crude inventories up almost 19 million barrels last week: EIA
By Barani Krishnan Investing.com -- U.S. crude stockpiles jumped by almost 19 million barrels last week, or 11 times more from the previous week, the government-run Energy Information...
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Dow futures rise 60 pts; sentiment positive ahead of CPI release
By Peter Nurse Investing.com -- U.S. stocks are seen edging higher at the open Wednesday, building on what has been a positive start to the year as investors await more corporate earnings...
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U.S. crude inventories up by 14.9 million barrels last week: API
By Barani Krishnan Investing.com -- U.S. crude stockpiles jumped by more than four times last week from the previous week’s level, trade group API said Tuesday, bucking market expectations...
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Oil prices settle lower as surprise build in U.S. stockpiles, China worries weigh
By Yasin Ebrahim Investing.com – U.S. crude oil settled lower Thursday, as a surprise build in U.S. weekly crude stockpiles and ongoing worries about the demand outlook amid surging cases...
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Crude oil higher on expectations of reduced Russian exports
By Peter Nurse Investing.com -- Oil prices rose Friday, on course to post a weekly gain, on expectations that Russia will cut its supply in the new year while a winter storm hits large...
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Oil rally halts as X’mas cold delayed; rate hike fears back on strong U.S. GDP
By Barani Krishnan Investing.com - Oil’s three-day rally came to a halt on Thursday as weather forecasts indicated that freezing temperatures initially expected for the Christmas weekend...
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Crude oil higher; U.S. winter storm provides support
By Peter Nurse Investing.com -- Oil prices rose Thursday, climbing to their highest level in a month, boosted by a sharper-than-expected drop in official U.S. crude stocks as a cold snap...
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Dow futures fall 75 pts; Micron results, 3Q GDP, jobless claims in focus
By Peter Nurse Investing.com -- U.S. stocks are seen opening marginally lower Thursday, with disappointing earnings from chipmaker {{erl-8092||Micron Technology (NASDAQ:MU) weighing on...
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European stocks higher; sentiment positive despite weak U.K. GDP data
By Peter Nurse Investing.com - European stock markets edged higher Thursday, boosted by improving consumer sentiment despite weak U.K. growth data. At 04:05 ET (09:05 GMT), the DAX index in...
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China COVID cheer, Musk vs. Apple, weak Eurozone inflation - what's moving markets
By Geoffrey Smith Investing.com -- Chinese markets and other risk assets rise as the National Health Commission said it will speed up vaccinations for seniors and moved away from its...
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Eurozone CPI set to weaken in November after German, Spanish numbers fall short
By Geoffrey Smith Investing.com -- Eurozone inflation is on track to turn out lower than expected for the first time in months in November, as the economy slows and sharp rises in energy...
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Energy & precious metals - weekly review and outlook
By Barani Krishnan Investing.com - When you hear it from Jim Cramer, you know enough people are talking about it. From oil-producing nations to day traders who are long crude, expectations...
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White House weighing plan to boost emergency home heating oil supply -sources
By Jarrett Renshaw and Timothy Gardner (Reuters) -The White House is weighing a plan to increase inventories in the Northeast Home Heating Oil Reserve, fighting a supply crunch that could...
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Oil down almost 4% as ‘generous’ Russia price cap snuffs OPEC cut speculation
By Barani Krishnan Investing.com -- A lost opportunity for the West to add to Vladimir Putin’s ire and financial pain is turning out to be a win for oil market bears and European energy...
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Oil Gains as Bulls Latch on to Weak Dollar After U.S. Stockpile Jump
By Barani Krishnan Investing.com -- From foe to friend: the dollar’s about-turn over the past week has helped oil longs find their feet in a market still beset with volatility and...
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U.S. home heating bills expected to surge this winter -EIA
(Reuters) -U.S. consumers can expect to pay up to 28% more to heat their homes this winter than last year due to surging fuel costs and slightly colder weather, the U.S. Energy Information...
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Oil Tumbles 4%, Derailed by Biden Admin Deal That Blocked Rail Strike
By Barani Krishnan Investing.com -- The Biden administration did not just snuff out this week’s rally in natural gas. It also pulled out the bottom from under the run-up in oil, with a...
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