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Posts Tagged

Oil

OPEC+ set to stick to modest oil output rises amid price rally

OPEC+ will likely stick to modest oil output increases on Thursday arguing it is not responsible for geopolitics and supply disruptions while stressing its worries over the demand outlook due to new COVID lockdowns in China.

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Stock futures are flat in overnight trading after tech-led rally

Stock futures were flat in overnight trading Monday after investors bought the dip in technology shares following recent weakness.

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Stock futures rise slightly ahead of consumer confidence data

Stock futures were in positive territory on Tuesday morning, ahead of consumer confidence data and a big week for economic data.

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Oil prices jump again on Russia-Ukraine fears, as IEA calls for cut in energy usage

Oil prices jumped even higher on Monday after Russia-Ukraine talks appeared to yield no sign of progress, and markets continued to fret over tight supply — sparking a call by the International Energy Agency to reduce oil demand.

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Oil gains as Russia-Ukraine talks stall

Oil prices extended their gains on Friday at the end of a third volatile week of trade after slim progress in peace talks between Russia and Ukraine raised the spectre of tighter sanctions and a prolonged disruption to oil supply.

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Stock futures are little changed after S&P 500′s best one-day rally since 2020

Stock futures were little changed in overnight trading Wednesday after the major indexes posted sharp gains as commodity prices cooled.

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Stock futures jump as investors continue to assess rising commodities prices and the ongoing war in Ukraine

Stock futures were higher early Wednesday morning as investors continued to assess a surge in commodity prices and high inflation while the war in Ukraine continues.

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Dow futures fall more than 300 points as oil prices spike to multi-year high on Russia-Ukraine war

U.S. equity futures fell Sunday evening as U.S. oil price momentarily jumped to their highest level since 2008 amid the ongoing war between Russia and Ukraine.

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Traders ramp up bullish bets in U.S. oil options as prices soar

Bulls have surged into the U.S. crude oil options market in recent days as futures touch highs not seen in a decade, betting that crude’s rally will persist, according to analysts and exchange data.

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Analysis: Oil’s journey from worthless in the pandemic to $100 a barrel

In July 2020, just a few months after the COVID-19 pandemic started to spiral out of control, Shell CEO Ben van Beurden declared world oil demand may have passed its peak – all but condemning his company’s core business to eventual obscurity.

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