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Oil prices firmed yesterday, a trend that continued in early morning trading today, ING’s commodity experts Ewa Manthey and Warren Patterson note. US/China trade talks seem to be progressing “Trade talks between the US and China appear to be progressing, with discussions set to continue today. The US also appears willing to ease some tech
Oil: Trade talk optimism supports market – ING Read More »
WTI is holding above $64.00/barrel on Monday, a seven-week high. Crude Oil markets are betting that summer travel and easing US-China trade tensions will bolster demand. OPEC’s latest production increase hasn’t hit global supplies yet, but it could come soon, and WTI prices are poised for another turn lower. US West Texas Intermediate (WTI) Crude
Crude Oil gains ground as energy markets hope for US-China trade solutions Read More »
Undated photo shows a motorist paying for gas at a station in Marikina City. The Philippine STAR / Walter Bollozos MANILA, Philippines — Motorists will again feel the pinch at the pump on Tuesday, June 10, with gasoline prices rising for a fourth week in a row, bringing this year’s total increase for gasoline to
June 10: Gasoline hits P5.10 net increase after 4th straight week of price hikes Read More »
WTI drifts lower at the start of a new trading week, though the downside lacks bearish conviction. The optimism over US-China trade talks acts as a tailwind for the commodity amid a weaker USD. Friday’s breakout through the $63.30 barrier supports prospects for the emergence of dip-buyers. West Texas Intermediate (WTI) US Crude Oil prices
WTI retreats from multi-week top, slides to $63.80-$63.75 ahead of US-China trade talks Read More »
Cotton futures posted 16 to 26 point gains across most contracts on Friday, as July was up 56 points this week. Crude oil prices were up $1.43/barrel, closing in on $65, with the US dollar index back up $0.466 to $99.170. The managed money crowd in cotton futures and options added 3,386 contracts to their
Cotton Pushes Higher into Friday’s Close Read More »
A sharp drop in oil prices to around $60 per barrel has cast a shadow over the record-breaking shareholder payouts from Western energy supermajors, according to a recent report from Rystad Energy. The independent energy research firm warns that unless market conditions improve, the industry may be forced to slash both investment and investor returns
Oil price slide threatens bumper shareholder payout Read More »
The IEA projected a 6 per cent reduction in oil production investment this year. Excluding pandemic years, this marks the largest drop since 2016 when oil prices plummeted below $30 a barrel read more Investment in fossil fuels is set to decline this year for the first time since the Covid-19 pandemic, driven by a
Cotton futures are trading with 75 to 107 point losses across most contracts on Wednesday’s midday. Crude oil prices are down 70 cents/barrel, with the US dollar index back down $0.489 to $98.670. The next week is looking at precip across much of TX to the East Coast, putting some pressure on futures are midday.
Cotton Falling Weaker at Midday Read More »
By Rystad Energy – Jun 04, 2025, 3:00 PM CDT Falling crude oil prices are squeezing cash flows for oil and gas companies, forcing a reassessment of investment strategies. Major oil companies may need oil prices around $80 per barrel to sustain current shareholder payouts, leading to potential borrowing or cuts in investment and buybacks.
Oil Industry Profitability Under Pressure Read More »
