Crude oil prices plummeted after the group’s announced output curbs
prices retreated by 1.25%, settling at 6407, following OPEC+’s announcement of an additional daily oil supply cut of 1 million barrels, which fell short of … Read more
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Oil prices settle higher amid dent in dollar, potential OPEC+ output cuts
Investing.com — Oil prices rose Tuesday as a weaker dollar and optimism that major oil producers could extend ongoing production cuts at the OPEC+ meeting … Read more
Oil prices start week on front foot amid hopes OPEC+ to deepen output cuts
Investing.com — Oil prices rallied on Monday, rising a wave optimism that major oil producers could discuss deepening output cuts when they meet later this … Read more
Natural gas gains on a decline in output and forecasts more demand
prices inched up by 0.25%, closing at 244.7, driven by a decrease in output and stronger demand projections for the week. This positive movement occurred … Read more
Zinc gains as China’s refined zinc output in August decreased 4.46% mom
Zinc recorded a modest gain of 0.54%, closing at 221.95. This increase was driven by a notable decline in China’s refined output in August, indicating … Read more
Crude oil drifts lower; producers to unveil new output levels
Investing.com — Oil prices edged lower Monday, handing back some of the previous week’s strong gains but remaining near three-week highs on expectations that major … Read more
Crude oil higher as top producers seen extending output cuts
Investing.com — Oil prices rose Thursday, hitting three-week highs on rising expectations of tightening supplies from some of the globe’s largest producers. By 09:20 ET … Read more
U.S. oil stocks lose almost 6M bbls added prior week; output at new 3-year high
Investing.com — stocks fell almost 6 million barrels last week, losing all that they added the prior week, a government report showed on Wednesday as … Read more
U.S. crude stocks up 5.85M bbls last week, output surges to 12.6M daily
Investing.com – stockpiles rose by nearly six million barrels last week — about a third of what they lost the prior week — amid shifts … Read more
Natural gas rose on forecasts for lower output
Natural Gas yesterday settled up by 3.99% at 213.7 on forecasts for lower output and hotter weather over the next two weeks than previously expected, … Read more