Marathon Oil and ConocoPhillips expect the purchase, which is undergoing a Federal Trade Commission review, to close late in the fourth quarter of 2024. Details of the vote were not immediately ...
Earlier in the session, oil found support from risks of increased violence in the Middle East disrupting supply after Hezbollah accused Israel of attacking the militant group with explosive-laden ...
Oil futures rise for the third time in four sessions as U.S. offshore production gradually recovers from last week’s Hurricane Francine, with market attention on this week’s Fed meeting.
U.S. crude prices post 1.5% weekly rise after Francine disrupts output in Gulf of Mexico Oil futures finished with a loss on Friday as concerns about the demand outlooked lingered, but prices ...
The USD/CAD pair trades in positive territory for a fourth consecutive day near 1.3600 during the early Asian session on ...
Oil futures finished with a loss on Friday as concerns about the demand outlooked lingered, but prices gained for the week after Hurricane Francine disrupted output in the Gulf of Mexico ...
Oil futures trimmed losses Wednesday morning ... The EIA report will help set the tone in Wednesday's session, he said, though the main event likely remains the announcement of the Fed's rate ...
Oil prices declined today, Sept. 18, as investors awaited weekly US inventory data and the Federal Reserve's monetary policy statement due later today. Brent crude was trading down 0.54% at $73.30 a ...
Oil fell on Wednesday after two sessions of gains after an industry report showed increasing U.S. crude and fuel inventories, ...
Oil doesn't appear to be pricing in any risk at the moment, with WTI crude (CL1:COM) falling to $70 a barrel again, and movement for now might be more dependent on the upcoming Fed decision.
Fundamentals have not changed to warrant a big price dip. Oil prices fell again on Tuesday—by more than 3% on the day—indicating a dramatic shift in fundamentals or some geopolitical tension ...