July Wti Oil Gains $1.26, Or 3.4%, To Settle At $38.38/bbl

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BING NEWS:
  • Oil Headed for Weekly Gains on Supply Disruption Fears
    Oil rose in early Asian trade, as prices found support amid supply concerns, Naga.com said.
    01/16/2025 - 7:13 pm | View Link
  • Oil Prices Are Set to Extend Their String of Weekly Gains
    Crude oil prices are expected to rise for a third week in a row due to US sanctions on Russia, positive economic data from China, and potential US interest rate cuts.
    01/16/2025 - 5:11 pm | View Link
  • Oil Gains Might Be Short-Lived, MUFG Says
    Oil edged down and MUFG said prices were unlikely to hold on to current levels due to Russia’s aggressive crude discounting, OPEC+’s spare capacity and a projected global surplus this year.
    01/15/2025 - 7:29 pm | View Link
  • Oil prices settle lower as U.S. crude supplies fall but product stocks rise
    Oil futures settled with a loss on Wednesday after the U.S. Energy Information Administration reported that commercial crude inventories fell for a seventh straight week, but gasoline and distillate ...
    01/8/2025 - 8:34 am | View Link
  • Oil trims gains on dollar strength, tight supplies provide support
    Oil prices trimmed earlier gains on Wednesday as the dollar strengthened but continued to find support from a tightening of supplies from Russia and other OPEC members and a drop in U.S. crude stocks.
    01/7/2025 - 10:44 pm | View Link
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