Investing.com - Crude prices fell on the last trading day of September on growing uneasiness over how the world might cope in the coming months with exploding energy costs, even as...
By Laura Sanicola (Reuters) -Oil prices settled 1% lower on Friday due to macroeconomic concerns and profit taking, but rose about 30% in the quarter as OPEC+ production cuts...
By Marc Jones LONDON (Reuters) - The equation for financial markets over the last few months has been simple and painful: A near 30% surge in oil prices + a steep rise in...
By Scott DiSavino NEW YORK (Reuters) -Oil futures eased about 1% on Thursday, as traders took profits after prices soared to 10-month highs, and some worried that high interest...
Investing.com - “When push comes to shove” — the phrase seems to be making itself evident with the oil market, where the sharpest correction in nearly two months occurred on...
In a recent analysis, JPMorgan expressed bullish sentiments on the global energy sector, predicting an upcoming 'supercycle' propelled by low capital expenditure (CAPEX) and supply...
By Arathy Somasekhar HOUSTON (Reuters) - Oil prices surged 3% on Wednesday to the highest settlement in 2023, after a steep drop in U.S. crude stocks compounded worries of tight...
Investing.com - Oil prices jumped more than 3% Wednesday, with U.S. crude hitting a 10-month high above $94 a barrel, as traders responded to another weekly drop in crude...
In the face of a broader market downturn on Tuesday, energy shares demonstrated relative resilience, according to reports. Analysts have attributed this trend to the continuing...