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Latest Crude Oil News

Crude oil futures end modestly higher despite rise in rig count
(18-Feb-2017)

Crude oil futures end modestly higher despite rise in rig count

Crude oil futures though managed a modestly positive close on Friday but suffered the first weekly decline in five weeks. Meanwhile, the trade remained range bound and lacklusture for the day......click on news to read complete article..... read full story

Crude palm oil futures trade lower on subdued demand
(17-Feb-2017)

Crude palm oil futures trade lower on subdued demandCrude palm oil futures traded lower on MCX as speculators engaged in reducing their positions, tracking a weak trend at spot market on subdued demand. Besides, adequate stocks position on increased supplies......click on news to read complete article..... read full story

Crude oil futures decline on inventory buildup
(16-Feb-2017)

Crude oil futures decline on inventory buildupCrude oil futures settled lower on Wednesday after government data confirmed U.S. inventories at record highs. The Energy Information Administration (EIA) said US stockpiles rose 9.5 million barrels last......click on news to read complete article..... read full story

Crude futures rebound ahead of inventory data
(15-Feb-2017)

Crude futures rebound ahead of inventory dataCrude oil futures made some recovery on Tuesday and ended higher ahead of US inventory data. The API will be reporting its figures for inventories at the end of last week late on Tuesday, while official......click on news to read complete article..... read full story

Crude oil futures snap the gaining streak
(14-Feb-2017)

Crude oil futures snap the gaining streakCrude oil futures snapped their gaining streak on Monday amid speculation that robust US production has offset OPEC's supply cuts. A forecast by the government showed an expected higher production level......click on news to read complete article..... read full story

Crude oil futures extend gains despite rig count rise
(13-Feb-2017)

Crude oil futures extend gains despite rig count riseCrude oil futures strengthened further on Friday amid hopes the global supply glut is dwindling. According to the International Energy Agency (IEA), most OPEC members have complied with their output quotas.......click on news to read complete article..... read full story

 

     
  
 
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