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U.S. crude oil rises, trades around $69 per barrel – CNBC

Oil futures rose slightly on Thursday, with the U.S. benchmark trading around $69 a barrel, but the market outlook remains bearish. Global oil supply next year is expected to exceed demand by more than 1 million barrels per day, driven by strong growth in the United States, according to the International Energy Agency's monthly market […]

Democrat official charged with DUI asked arresting officer crude question: Police

According to Chicago police, the Democratic official repeatedly made disrespectful comments about a police officer's genitals during a DUI arrest. Commissioner Samantha Steele was found lying on the ground next to two vehicles with “severe” damage around 8:50 p.m. Sunday, according to a police report reviewed by the Democratic Review Committee. Ta. Chicago Sun-Times. The […]

Oil News: Crude Traders Eye OPEC Report as Dollar Strengthens – FX Empire

Will OPEC's monthly report move the market? Traders are awaiting OPEC's monthly report, which could provide guidance on the direction of prices. Oil markets are hesitant, weighing concerns about a global supply glut and disappointment with China's recent $1.4 trillion stimulus package, which failed to boost oil demand. Concerns about deflation in China and Beijing's […]

Oil News: Crude Futures Rally as Middle East Conflict Sparks Supply Fears – FX Empire

Middle East tensions and supply concerns push up oil prices Oil prices rose more than 1% on Thursday, recouping some of the losses from the previous session. Geopolitical concerns, particularly rising tensions between Israel and Hezbollah and reports that North Korean troops are supporting Russia in Ukraine, are driving the rise. These developments have reignited […]

Crude oil prices edge higher after four-day losing streak – CNBC

Crude oil futures rose slightly on Thursday after a fourth straight day of declines, as concerns about supply disruptions in the Middle East receded and a glut looms in the market next year. While Israel has so far refrained from retaliating against Iran, the situation “could change in an instant,” said Aditya Saraswat, director of […]

U.S. crude oil falls below $71 per barrel, continuing sell-off – CNBC

U.S. crude oil futures fell slightly on Wednesday, trading below $71 a barrel, after plunging in premarket trading on reports that Israel would not attack Iranian oil facilities. The U.S. benchmark fell by more than 4% on Tuesday after Israel told the U.S. it would limit retaliatory strikes to Iranian military targets, a senior Biden […]

U.S. crude oil on pace for third monthly loss in a row in September – CNBC

U.S. oil prices continued to decline for the third consecutive month in September as increased supply from OPEC+ and weak demand from China plagued the market. The U.S. index fell more than 7% for the month, while global benchmark Brent fell about 9%. “The oil market is having a panic attack,” Barclays energy analyst Amarpreet […]