India wants OPEC+ to raise oil output, oil secretary says
India wants oil producers group OPEC and its allies to raise oil output as there are countries such as India where fuel demand is rising, the nation's oil secretary Pankaj Jain said on Thursday.
Natural Gas and Oil Forecast: Will Hurricane Francine Fuel a Price Surge?
Hurricane Francine tightens U.S. oil supplies, pushing natural gas and oil prices higher. Will demand concerns limit further gains?
Oil prices flat as lower demand signs outweigh U.S. hurricane impact
Oil prices were flat on Thursday as concerns about lower demand erased the gains from the previous session spurred by Hurricane's Francine's impact on output in the U.S., the world's biggest crude producer.
Why Hurricane Francine hasn't sparked the oil-price rally markets were looking for
A storm intensified this week into a hurricane in the Gulf of Mexico, a major source of U.S. oil and gas production and refining activity, but prices for crude and refined products haven't seen much of a rally.
Crude Inventories Increase By 0.8 Million Barrels
Gasoline inventories increased by 2.3 million barrels, exceeding analyst expectations.
Crude Oil Price Forecast – Crude Oil Continues to Look Noisy
The oil markets continue to see a lot of noisy behavior, as traders are reacting to a lower than expected US crude oil inventory number, Chinese demand dropping a bit, and of course the idea of a wider conflict in the Middle East seemingly on the back burner.
U.S. crude oil rebounds more than 2%, trades above $67 a barrel after steep selloff
Oil prices are rebounding after closing at the lowest level since December 2021. watch now VIDEO 3:10 03:10 Don't see oil at $60/bbl 'in a consistent manner' for the next 3 months: Rystad Squawk Box Asia U.S. crude oil rebounded more than 2% on Wednesday, regaining some ground after prices closed at the lowest level in nearly three years in the previous session.
Oil prices bounce, lifted by drop in crude inventories and Hurricane Francine
Oil futures bounced Wednesday, finding support on industry data that showed a drop in U.S. crude inventories as traders track Hurricane Francine.
Oil News: Hurricane and U.S. Inventory Draw Trigger Short Covering in Crude Market
Crude oil prices jump 2.5% as U.S. inventories drop by 2.79M barrels, and Hurricane Francine threatens Gulf supply, driving short sellers to cover positions.
Brent crude prices at lower levels since December 2021
Brent crude oil prices shot below US$70 a barrel for the first time since December 2021 this morning. The dip follows a lower demand forecast from OPEC.
Natural Gas and Oil Forecast: Hurricane Francine Sparks Supply Concerns, Markets React
Hurricane Francine halts 24% of U.S. oil production, driving short-term price gains amid global demand concerns. What's next for oil and natural gas?
Oil prices rebound on fears of supply disruption from tropical storm
Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand.
