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CRUDE OIL PRICES RISES AS OPEC+ WEIGHS OUTPUT REDUCTION

  February West Texas Intermediate (WTI) crude oil futures rose $1.63, or 3.42%, to $49.24 per barrel at 13:44 GMT on Tuesday. US crude prices...

Oil Petroleum Prices Fluctuate This Tuesday

After rallying in yesterday’s trading, oil petroleum prices appearing to lose steam this Tuesday’s trading session. The two leading global benchmarks are faltering in...

Oil and Petroleum Edge Up, Trade Deal Back in Focus

After a gruesome series of events for the market at the beginning of the year, traders are finally feeling relief. Oil and petroleum prices...

Oil and Petroleum Prices Edge Up After Plunging Earlier

Not even halfway through the end of the first month of the new decade, and it’s already a roller-coaster ride.  Oil and petroleum prices...

Tehran Fires Rockets-Oil and Petroleum Prices Act

Just in, Tehran fired more than a dozen rockets towards two Iraqi bases hosting American soldiers. Oil and petroleum prices immediately react to the...

Petroleum Crude Drops as Traders Step Back and Assess

Petroleum crude prices finally drop as traders recalibrate the scope and consequences of the Middle East tension. After peaking to several month highs, oil...

Oil and Petroleum Products Surge, War Concerns Escalate

As the rift between the United States and Iran starts to heat up, oil and petroleum products hike in trading. Over the weekend, both...

Oil Petroleum Prices Jump as Middle East Tensions Tighten

Oil petroleum prices jump by almost three percent in today’s trading sessions, thanks to the Middle East conflict. In previous sessions, the trade war...

Oil and Petroleum Prices Start the New Year with Gains

Oil and petroleum prices advance with good momentum this second day of the year. Major futures – Brent and WTI crude oil contracts –...

Odds Are Working in Favor of Oil Petroleum Prices | Wibest

Oil petroleum futures stand firm on three-month highs thanks to the right set of fundamentals backing up traders. The improving US economy – mainly...

Oil and Petroleum Futures Sees Gains, Market Stays Calm

As the market rests and relaxes for the holiday season, oil and petroleum bulls are having their way in the market. Although the emerging...

Trade War Progress Helps Keep Oil Petroleum Prices Steady

Oil petroleum futures are on their three-month highs today thanks to the progress in the US-China trade deal. Investors are ending their week on...

Inventories Dip, Oil and Petroleum Prices Steady | Wibest

The seesaw of results from weekly crude inventory reports caused oil and petroleum prices to steady this Thursday. Prices are still on their third-month...

Stockpiles Rise, Oil Petroleum Pauses Rally | Wibest

Oil petroleum prices halt their upward momentum this Wednesday thanks to the rising US crude stockpiles. But despite today’s contraction, futures are still expected...

Oil and Petroleum Prices Slip on Absent Agreement Details

Without further details or follow-ups on the US-China trade war, oil and petroleum prices decline this Monday. Prices stopped rallying after. Looking at it, the...