-
1 week ago | 
tradingview.com | Frank Tang |Jeff Barber
Nymex Overview: Petroleum Futures Gain on Renewed Optimism Over Trade Talks — OPISCrude oil and refined product futures were solidly higher at midday Thursday on optimism that a meeting of U.S. and Chinese officials could lead to a trade agreement between the world's two largest economies. The NYMEX June West Texas Intermediate oil contract was up by about $1.85 to $59.90/bbl at noon ET, and July WTI was also $1.85 higher at $59.55/bbl.
-
1 week ago | 
tradingview.com | Frank Tang |Jeff Barber
Nymex Overview: Oil Futures Dip Ahead of U.S. Interest Rate AnnouncementOPISCrude oil futures were modestly lower midday Wednesday, as traders await an afternoon interest rate policy statement from the U.S. Federal Reserve. The Nymex June West Texas Intermediate contract was down by 70cts to $58.40 at about 11:45 a.m. ET and the July WTI contract was off by about the same amount to $58/bbl. The July Brent contract was 75cts lower at $61.40/bbl and August Brent was down by 70cts to $61.05/bbl.
-
2 weeks ago | 
tradingview.com | Steve Cronin |Jeff Barber
Nymex Overview: Petroleum Futures Fall in Late Friday Morning TradingOPISCrude oil and refined product futures were down across the board in late Friday morning trading on reports that OPEC+ members had moved up by two days a meeting to discuss increasing output in June. Friday's price moves, along with declines seen earlier in the week, leave prices on track to finish the week lower. The NYMEX June West Texas Intermediate contract was off by 87cts to $58.37/bbl at about 11 a.m. ET.
-
3 weeks ago | 
tradingview.com | Steve Cronin |Jeff Barber
Nymex Overview: Refined Product Contracts Up as Crude Set to End Week LowerOPISCrude oil futures were modestly lower ahead of midday Friday and were on track for a week-to-week decline. Markets were roiled this week by continued economic uncertainty that has pushed crude prices lower even as strong U.S. demand readings raised hopes of a robust summer driving season.
-
1 month ago | 
tradingview.com | Tom Kloza |Jeff Barber
Nymex Overview: Oil Futures Weaken as Investment Banks Cut Oil Price TargetsOPISPetroleum futures were lower near midday Monday in volatile trading as commodity and equity markets continue to slide on concerns over U.S. tariffs. Crude oil contracts, which rose by $1 or more on a report the Trump administration was considering suspending the tariffs for 90 days, resumed their decline to numbers last seen in 2021, after the White House denied it was considering such a move.
-
1 month ago | 
tradingview.com | Steve Cronin |Jeff Barber
Nymex Overview: Crude Oil, Refined Product Futures Trading Lower at MiddayOPISCrude oil and refined product contracts were lower at midday Friday, but remained on track to end the week with solid gains. The declines come as equity markets were sharply lower on concerns over Trump administration tariff policies and the government data that showed inflation in February came in at a higher than expected number.
-
1 month ago | 
tradingview.com | Frank Tang |Jeff Barber
Nymex Overview: Oil Futures Up Modestly on Continuing U.S. Tariff Worries — OPISCrude oil futures were modestly higher late Thursday morning as traders wait to see whether the Trump administration will impose tariffs on Canadian crude and refined products imports next week. The Nymex May West Texas Intermediate contract was up by 15cts to $69.80 at about 11:45 a.m. ET and the June WTI contract was 10cts higher at $69.35/bbl.
-
1 month ago | 
tradingview.com | Tom Kloza |Jeff Barber
NYMEX Overview: Oil Futures Weaken Weaken on Russia and Ukraine Agreements — OPISCrude oil futures were under pressure at midday after the White House said it reached separate agreements with Ukraine and Russia to ensure safe navigation in the Black Sea and to implement a ban on strikes against energy facilities in the two countries. West Texas Intermediate and Brent contracts backed off morning gains of about 60cts, but selling was limited, in part because of stronger equity markets.
-
1 month ago | 
tradingview.com | Steve Cronin |Jeff Barber
Nymex Overview: Petroleum Futures Flat at Midday, On Track for Weekly Gain — OPISCrude oil and refined product futures prices were little changed heading into Friday afternoon, leaving petroleum prices on track for solid week-to-week gains. The NYMEX May West Texas Intermediate crude contract was up by 1cts to $68.08/bbl as of 11:30 a.m. ET and the June WTI contract was off by 2cts to $67.68/bbl. The May Brent contract was 10cts lower at $71.90/bbl and June Brent was down by 8cts to $71.39/bbl.
-
2 months ago | 
tradingview.com | Frank Tang |Jeff Barber
USGC Finds Undiscovered Oil, Natural Gas Resources in Four Western States — OPISThe U.S. Geological Survey on Thursday said it had identified previously undiscovered oil and natural gas deposits in Wyoming, Montana, South Dakota and Nebraska. The agency put the technically recoverable resources at 47 million bbl of oil and 876 Bcf of natural gas in Wyoming, parts of southern Montana and western South Dakota and Nebraska.
