Crude Oil Futures for May 2020 settled up $47.64 @ $10.01/bbl trading in a $30.60 range including the overnight-RBOB settled down 15.80/cpg and Heating Oil settled down 16.09/cpg. An historic rout in oil markets saw WTI futures contracts for May…
Crude Oil Futures for May 2020 settled down $1.60 @ $18.27/bbl trading in a $2.91 range including the overnight-RBOB settled up 0.56/cpg and Heating Oil settled up 1.00/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for May 2020 settled unchanged $0.00 @ $19.87/bbl trading in a $.98 range including the overnight-RBOB settled down 1.53/cpg and Heating Oil settled up 3.25/cpg. The Trump administration is considering paying domestic oil producers to leave crude…
Crude Oil Futures for May 2020 settled down $0.24 @ $19.87/bbl trading in a $1.69 range including the overnight-RBOB settled up 0.04/cpg and Heating Oil settled down 3.04/cpg. The American Petroleum Institute’s weekly storage report released late Tuesday afternoon showed…
Crude Oil Futures for May 2020 settled down $2.30 @ $20.11/bbl trading in a $3.13 range including the overnight-RBOB settled up 1.67/cpg and Heating Oil settled down 5.04/cpg. Numerous domestic shale companies have detailed plans to reduce output along with…
Crude Oil Futures for May 2020 settled down $0.35 @ $22.41/bbl trading in a $2.71 range including the overnight-RBOB settled up 2.60/cpg and Heating Oil settled up 2.20/cpg. Last Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data…
Crude Oil Futures for May 2020 settled up $1.46 @ $25.09/bbl trading in a $2.71 range including the overnight-RBOB settled up 2.98/cpg and Heating Oil settled down 1.68/cpg. The American Petroleum Institute’s weekly petroleum storage report released late Tuesday afternoon…
Crude Oil Futures for May 2020 settled down $2.45 @ $23.63/bbl trading in a $3.70 range including the overnight-RBOB settled down 5.34/cpg and Heating Oil settled down 1.82/cpg. President Trump gave the strongest signal yet the U.S. might not join…
Crude Oil Futures for May 2020 settled down $2.26 @ $26.08/bbl trading in a $2.96 range including the overnight-RBOB settled up 1.00/cpg and Heating Oil settled down 2.49/cpg. According to leading industry analysts, the current decrease in global demand and…
Crude Oil Futures for May 2020 settled up $3.02 @ $28.34/bbl trading in a $5.56 range including the overnight-RBOB settled up 2.88/cpg and Heating Oil settled up 7.55/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for May 2020 settled up $5.01 @ $25.32/bbl trading in a $6.63 range including the overnight-RBOB settled up 11.63/cpg and Heating Oil settled up 6.28/cpg. Both WTI and Brent futures surged overnight as China planned to start…
Crude Oil Futures for May 2020 settled down $0.17 @ $20.31/bbl trading in a $1.21 range including the overnight-RBOB settled down 4.62/cpg and Heating Oil settled down 6.92/cpg. The American Petroleum Institute’s weekly crude oil storage report released late Tuesday…
Crude Oil Futures for May 2020 settled up $0.39 @ $20.48/bbl trading in a $1.84 range including the overnight-RBOB settled down 1.23/cpg and Heating Oil settled down 0.73/cpg. Saudi Arabia said on Monday it will raise its oil exports to…
Crude Oil Futures for May 2020 settled down $1.42 @ $20.09/bbl trading in a $1.66 range including the overnight-RBOB settled up 1.18/cpg and Heating Oil settled down 4.91/cpg. With world demand now forecast to plunge in excess of 15 million…
Crude Oil Futures for May 2020 settled down $1.09 @ $21.51/bbl trading in a $2.56 range including the overnight-RBOB settled up 2.99/cpg and Heating Oil settled up 1.82/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for May 2020 settled down $1.89 @ $22.60/bbl trading in a $2.27 range including the overnight-RBOB settled down .30/cpg and Heating Oil settled down 4.75/cpg. The oil patch as a whole has been hit hard by a…
Crude Oil Futures for May 2020 settled up $0.48 @ $24.49/bbl trading in a $2.33 range including the overnight-RBOB settled up 10.31/cpg and Heating Oil settled up 1.75/cpg. The American Petroleum Institute’s weekly petroleum storage report released late Tuesday afternoon…
Crude Oil Futures for May 2020 settled up $0.65 @ $24.01/bbl trading in a $2.07 range including the overnight-RBOB settled up 3.19/cpg and Heating Oil settled up 6.42/cpg. In the February 2020 update of its Short-Term Energy Outlook the U.S.…
Crude Oil Futures for May 2020 settled up $0.73 @ $23.36/bbl trading in a $2.93 range including the overnight-RBOB settled down 19.36/cpg and Heating Oil settled up .98/cpg. U.S. President Donald Trump is facing increasing calls from some U.S. Senators…
Crude Oil Futures for April 2020 settled down $2.79 @ $22.43/bbl trading in a $8.43 range including the overnight-RBOB settled down 7.96/cpg and Heating Oil settled down 3.54/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for April 2020 settled up $4.85 @ $25.22/bbl trading in a $6.35 range including the overnight-RBOB settled up 4.73/cpg and Heating Oil settled up 8.75/cpg. With travel restrictions and quarantines accelerating, energy analysts are currently scrambling to…
Crude Oil Futures for April 2020 settled down $6.58 @ $20.37/bbl trading in a $7.16 range including the overnight-RBOB settled down 7.37/cpg and Heating Oil settled down 8.15/cpg. The American Petroleum Institute’s weekly petroleum storage report released late Tuesday afternoon…
Crude Oil Futures for April 2020 settled down $1.75 @ $26.95/bbl trading in a $3.59 range including the overnight-RBOB settled up 2.15/cpg and Heating Oil settled down 1.09/cpg. The Executive Director of the International Energy Agency Dr Fatih Birol, and…
Crude Oil Futures for April 2020 settled down $3.03 @ $28.70/bbl trading in a $5.65 range including the overnight-RBOB settled down 20.93/cpg and Heating Oil settled down 9.08/cpg. The United Arab Emirates has followed Saudi Arabia’s lead in promising to…
Crude Oil Futures for April 2020 settled up $0.23 @ $31.73/bbl trading in a $3.54 range including the overnight-RBOB settled up 0.17/cpg and Heating Oil settled down 2.24/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for April 2020 settled down $1.48 @ $31.50/bbl trading in a $3.61 range including the overnight-RBOB settled down 21.28/cpg and Heating Oil settled down 7.82/cpg. On Tuesday, the Department of Energy said that it was suspending an…
Crude Oil Futures for April 2020 settled up $3.23 @ $34.36/bbl trading in a $4.80 range including the overnight-RBOB settled up 2.02/cpg and Heating Oil settled down 8.70/cpg. According to leading market advisors, the OPEC and Russia oil price war…