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Growing uncertainty weighed on crude prices, sending them to a second consecutive weekly decline. Traders are uncertain about the status of tariffs amid dueling court rulings. They are also watching ...
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...
The NYMEX June RBOB contract, which is set to expire on Friday, was off by 3.73cts to $2.0719/gal, up from a recent low of $2.0705/gal, the weakest price since May 8. More trading in the July RBOB ...
Increased oil demand forecasts, along with the existing sanctions on Iran’s exports, provided some upward support while ...
The pressure on markets comes as Bloomberg News on Thursday reported that members of the OPEC+ group are considering another output hike in July. The group has already agreed to raise production by ...
In its latest short term energy outlook (STEO), which was released on April 10, the U.S. Energy Information Administration (EIA) cut its West Texas Intermediate (WTI) oil price forecast for 2025 ...
“We showed this zone in an earlier report … noting that the market had survived some gamma effects in early March when the 2025 WTI futures ... NYMEX WTI basis nearby future crude oil price ...
“We don’t expect this extreme price volatility to subside anytime ... (anthony.harrup@wsj.com) Oil, Gas Futures Rebound As Trump Pauses Some Tariffs 1353 ET – Crude oil futures rally along ...
It will be some time before the recent oil-price slide shows up as lower prices at the pump. A gallon of regular gasoline averaged about $3.26 on Monday, up slightly from last week, according to ...
with the nearby NYMEX crude oil futures (CL1:COM) trading below $70 per barrel since early March and Brent futures (CO1:COM) trading just over the level until the risk-off price action on April 3 ...
The Nymex front month settles down 4.1% at $3.951/mmBtu. (anthony.harrup@wsj.com) U.S. Natural Gas Futures Pull Back A Little 1011 ET – U.S. natural gas futures give back some of yesterday’s ...