Oil Futures

Oil is considered as one of the most important commodities in the world, and its price has a significant impact on the global economy. Oil futures contracts are financial instruments…

On Wednesday (May 17th) during the Asian session, US crude oil traded in a narrow range, currently around $70.39 per barrel. Unexpectedly large increase in API crude oil inventories raised…

International crude oil futures closed lower on Tuesday, affected by weak industrial output and retail sales data from China in April, as well as lower-than-expected retail sales growth in the…

US WTI Crude Oil Futures closed lower on Tuesday, marking the fifth decline in the past six trading days. Fawad Razaqzada, a market analyst at StoneX, stated, “The impetus for…

Despite ongoing concerns about a US economic recession putting pressure on the market, tightening global supplies have boosted market sentiment, and a decline in the US dollar exchange rate has…

On Tuesday (May 16th), during the Asian-European session, US crude oil traded in a narrow range, currently around $70.95 per barrel. The US announcement of repurchasing oil for its emergency…

Crude oil futures are financial contracts that allow traders to buy or sell crude oil at a predetermined price and date in the future. These contracts are traded on futures…

On Thursday, U.S. crude oil futures fell by more than 2%, as economic concerns persist. The impasse over the U.S. debt ceiling, rising initial jobless claims, and weak economic data…

US WTI crude oil futures fell for a second consecutive trading day on Thursday as traders continued to weigh the outlook for energy demand. Edward Moya, senior market analyst at…

WTI Crude Oil Futures for June Close Down $1.15, or 1.56%, at $72.56 per Barrel. Brent Crude Oil Futures for July Close Down $1.03, or 1.33%, at $76.41 per Barrel.