Illustration: View of the oil refineries of Haifa, Israel, and the industrial area, on May 5, 2017 (Photo: Yaniv Nadav/Flash90). A large number of world leaders warned against an escalation regarding the situation in the Middle East on Friday after Israel struck an Iranian military site in the city of Isfahan earlier in the morning.
WTI Oil sell-off gets nearly fully erased at the start of the US trading session. Oil prices earlier broke below the pivotal $83.34 level, heading abck to $82.00 The US Dollar Index pops back above 106.00 on upbeat Jobless Claims data. Oil prices are erasing earlier losses after harsh rhetoric from Iran which said it is
Oil set to end the day unchanged with tit for tatt ramping up between Israel and Iran Read More »
Alex Kimani Alex Kimani is a veteran finance writer, investor, engineer and researcher for Safehaven.com. More Info Premium Content By Alex Kimani – Apr 17, 2024, 7:00 PM CDT Whereas the short-term oil price outlook appears murky, leading oil agencies remain largely bullish about the long-term outlook. Interestingly, over the medium-and long-term, only the IEA
Standard Chartered Says Peak Oil Demand Is Not Imminent Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Apr 17, 2024, 6:00 PM CDT The crude oil net long in WTI and Brent reached a six-month high in the week to April
Traders Became More Bullish on Oil As Middle East Risk Surged Read More »
Oil tanks Crude oil inventories in the US increased for the fourth successive week, while gasoline and distillate stocks fell lower than analyst estimates. Crude oil inventories in the US grew by 2.7 million barrels in the week ended April 12, compared to estimates for 600,000 barrels, data from the US Energy Information Administration (EIA)
US crude inventories rise for fourth week in a row Read More »
Boom Supersonic’s XB-1 experimental jet aircraft climbs into the sky. (Image credit: Boom Supersonic) Like Tom Cruise’s “Maverick” character in “Top Gun,” Boom Supersonic is feeling the need for speed. The Colorado company has received a first-of-its-kind approval from the U.S. Federal Aviation Administration (FAA) to exceed Mach 1 during test flights of its XB-1
Boom’s XB-1 test plane gets FAA green light for supersonic flight Read More »
Make sure to check your numbers for tonight’s jackpot Published: 20:59, 17 Apr 2024 Updated: 20:59, 17 Apr 2024 THE NATIONAL Lottery results are in and it’s time to find out who has won a life-changing amount of money tonight (April 17, 2024). Could tonight’s jackpot of £5.2million see you handing in your notice, jetting
Lottery results and numbers: Lotto and Thunderball draw tonight, April 17, 2024 Read More »
Published Apr 17, 2024 • Last updated 2 hours ago • 2 minute read New York Jets quarterback Aaron Rodgers looks up during the second half of an NFL football game against the Miami Dolphins. Photo by Ap Photo /AP Photo Aaron Rodgers is at it again, firing another shot at Anthony Fauci in his never-ending,
Crude oil imports averaged 6.5 million bpd, mostly unchanged from the previous week. Over the past four weeks, crude oil imports averaged 6.6 million bpd. Strategic Petroleum Reserve increased from 364.2 million barrels to 364.9 million barrels as U.S. continued to buy oil for reserves despite rising oil prices. Domestic oil production remained unchaged at
Crude Inventories Rise By 2.7 Million Barrels, Exceeding Analyst Expectations Read More »
May WTI crude oil (CLK24) on Tuesday closed down -0.05 (-0.06%), and May RBOB gasoline (RBK24) closed up +3.84 (+1.38%). Crude and gasoline prices on Tuesday settled mixed. Tuesday’s rally in the dollar index (DXY00) to a 5-1/2 month high weighed on energy prices. However, losses in crude were limited by Middle Eastern geopolitical risks
Crude Prices End Slightly Lower on Dollar Strength Read More »
