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…
Crude Oil Futures for April 2020 settled down $10.15 @ $31.13/bbl trading in a $7.54 range including the overnight-RBOB settled down 25.21/cpg and Heating Oil settled down 22.23/cpg. Both NYMEX WTI and ICE Brent futures prices plunged at the onset…
Crude Oil Futures for April 2020 settled down $4.62 @ $41.28/bbl trading in a $5.27 range including the overnight-RBOB settled down 13.3/cpg and Heating Oil settled down 10.3/cpg. Wednesday morning’s weekly Energy Information Administration domestic Crude Oil storage data showed…
Crude Oil Futures for April 2020 settled down $0.88 @ $45.90/bbl trading in a $1.90 range including the overnight-RBOB settled down 3.37/cpg and Heating Oil settled down 4.47/cpg. The energy alliance between Saudi Arabia and Russia will come under intense…
Crude Oil Futures for April 2020 settled down $0.40 @ $46.78/bbl trading in a $1.76 range including the overnight-RBOB settled up 2.42/cpg and Heating Oil settled up 0.02/cpg. The American Petroleum Institute’s weekly petroleum storage report released late Tuesday afternoon…
Crude Oil Futures for April 2020 settled up $0.43 @ $47.18/bbl trading in a $2.19 range including the overnight-RBOB settled down 0.83/cpg and Heating Oil settled up 0.43/cpg. Regardless of its tendencies to cause chaos in the global oil markets…
Crude Oil Futures for April 2020 settled down $1.64 @ $47.09/bbl trading in a $2.90 range including the overnight-RBOB settled down 4.43/cpg and Heating Oil settled down 1.02/cpg. According to weekly EIA data, domestic crude oil imports averaged 6.2 million…
Crude Oil Futures for April 2020 settled down $1.17 @ $48.73/bbl trading in a $2.14 range including the overnight-RBOB settled down 7.75/cpg and Heating Oil settled down 6.91/cpg. The American Petroleum Institute’s weekly petroleum storage report released late Tuesday afternoon…
Crude Oil Futures for April 2020 settled down $1.53 @ $49.90/bbl trading in a $2.33 range including the overnight-RBOB settled down 7.67/cpg and Heating Oil settled down 4.47/cpg. Oil futures endured a drop of almost -4.0% on Monday and an…