Crude Oil Prices Fall Amid Escalating Trade Tensions With China, Possible OPEC+ Output Hike At the time of writing, U.S. West Texas Intermediate (WTI) crude futures were down 1.50% at $60.03 per barrel.
Crude Oil Surges After Trump Tariffs Get Blocked By US Court At the time of writing, U.S. West Texas Intermediate (WTI) crude futures traded 0.90% higher at $62.40 per barrel.
Exxon CEO Says Capital Plans Hold Even If Oil Prices Drop To $50 Per Barrel CEO Darren Woods stated that ExxonMobil stress-tested its business against “more punitive scenarios” last year and, based on that review, plans to maintain investments and shareholder returns even if oil prices decline further.
Crude Oil Prices Surge As OPEC+ Adopts Plan For Establishing 2027 Quotas Ahead Of July Review At the time of writing, U.S. West Texas Intermediate (WTI) crude futures rallied over 2% to $62.22 per barrel.
Crude Prices Cool As US-Iran Talks, OPEC+ Plans Ease Supply Concerns At the time of writing, U.S. West Texas Intermediate (WTI) futures were down 1.33%, at $60.71 per barrel.
Asia Markets Mixed, Europe Gains, Dollar Strengthens On EU Tariff Delay - Global Markets Today While US Slept U.S. markets closed lower on Friday due to trade tensions and economic uncertainty. New single-family home sales rose 10.9%. Futures surged on Tuesday after Trump delayed EU tariffs.
Oil Prices Pare Early Morning Losses Driven By Trump’s Proposal Of 50% Tariffs On EU: Traders Eye US-Iran Talks Brent futures maturing in July dipped 0.62% in early morning trade but then reversed to trade higher by 0.76% to $64.95 per barrel on Friday.
Gold Up, Dollar Slides On Debt Concerns - Global Markets Today While US Slept Mixed U.S. markets closed as Treasury yields eased concerns about deficits. Jobless claims fell, while PMIs show strong economic momentum. Asian markets up.
Oil Poised For Weekly Decline As OPEC+ Oversupply Concerns Linger Brent crude futures fell about 0.6% to $64.06 per barrel, while West Texas Intermediate crude futures were down 0.7% at $60.80 per barrel.
Oil Prices Decline After Report Says OPEC+ Considering Raising Production In July Bloomberg reported, citing delegates, that OPEC+ was considering a 411,000 barrels per day hike among other options.
Oil Prices Rise After Reports Suggest Israel Preparing To Strike Iran’s Nuclear Facilities Brent crude futures rose 1.4% to $66.27 per barrel, while West Texas Intermediate crude futures slipped 1.5% to $62.96 per barrel at 4.42 am ET.
US Shale Output Will Flatten If Oil Prices Stay Near Current Levels, Says ConocoPhillips CEO Ryan Lance Lance also stated that the LNG market will grow to over 700 million tons from nearly 400 million tons over the next decade.
Asia Markets Mixed, Europe Advances, Dollar Pressured By Soft US Inflation Data - Global Markets Today While US Slept US markets mixed on 5/15, Cisco up on AI demand, UnitedHealth down on fraud probe, Amazon & Walmart slip on tariffs. Optimism for trade deals, soft data & uncertain forecasts.
Asia Markets Gain, Europe Dips, Dollar Pressured By Soft Inflation Data - Global Markets Today While US Slept US markets closed mixed, with S&P 500 and Nasdaq up due to cooling inflation and US-China trade truce. Dow down on UnitedHealth shares drop.
Asia Markets Mixed, Europe Slips; Dollar Slides Amid Fed Uncertainty - Global Markets Today While US Slept On May 14, US markets closed mixed. S&P 500 rose slightly, Dow slipped and Nasdaq advanced. Tech stocks rose on AI deals. Economic data awaited.
Asia And Europe Markets Advance On China-US Tariff Pause, Oil Gains 3% - Global Markets Today While US Slept Mixed markets as investors focus on trade talks, jobless claims drop while productivity declines. Asian markets higher on trade deal optimism.
Asia Markets Mixed, Eurozone Gains; Oil Rises On Trade Deal Hopes - Global Markets Today While US Slept U.S. markets closed higher on new trade deal and positive economic data. Asian markets mostly up, commodities and futures mixed. Dollar declined.
