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Oil prices advanced, but further upside might be capped due to uncertainties over U.S. tariffs and ample global supplies in the near term, according to Commerzbank Research.
Oil gained following a report that China would be willing to negotiate with the U.S. under certain terms.
In the spot market, New York Harbor prices were up by about 10cts as OPIS has begun pricing low-RVP summer- grade barrels in that market. Spot Los Angeles CARBOB values were up by about 6cts near ...
Oil prices trade higher despite a third consecutive weekly rise in U.S. crude inventories, buoyed by signals that China could be open to negotiations over tariffs. Brent crude is up 1.5% to $65.65 a ...
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Barchart on MSNEnergy Commodities in Q1 2025- Where are they Heading in Q2?The energy sector moved 4.62% higher in Q1 2025 after rising 4.89% in 2024. Gasoline posted the most impressive gain as the ...
The FTSE 100 (^FTSE) and US stocks climbed in Tuesday's session, as market watchers parse yet more information being drip-fed ...
The West Texas Intermediate (WTI) crude oil price has retreated this year as concerns about demand and supply remain. WTI, ...
President Donald Trump moved on his first day in office to increase U.S. oil and gas production, but the country's oil ...
At noon ET, May WTI fell $2.30 to $57.30/bbl, on track for a fifth session of sharp declines and to settle at its lowest since Feb. 5, 2021. June WTI was about $2.25 lower at $56.85/bbl.
A plunge in oil prices below $60 per barrel due to an escalating trade war may trigger anxiety across the U.S. oil patch, ...
Oil prices touched their lowest level since the pandemic on Monday, with growth fears hammering the outlook for energy demand ...
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