Jeff Barber

1 week ago | tradingview.com | Steve Cronin |Jeff Barber

NYMEX Overview: Petroleum Contracts Down, Oil Poised for Another Weekly Drop — OPISCrude oil and refined product futures were trading lower near midday Friday, putting oil contracts on track to settle lower for a second straight week, as traders expect OPEC and allied producers will announce another increase in output. The NYMEX July West Texas Intermediate contract was off by 61cts, or about 1%, to $60.33/bbl at about 11:30 a.m. ET and the August WTI contract was 76cts lower at $59.44/bbl.

1 week ago | tradingview.com | Frank Tang |Jeff Barber

NYMEX Overview: Petroleum Contracts Down on OPEC+ Supply and Trade Concerns — OPISCrude oil and refined product futures were lower at midday Thursday on continued concerns about possible additional production by OPEC and its allies and trade tensions. The NYMEX July West Texas Intermediate crude contract was down by about 75cts to $61.10/bbl at about noon ET and the August WTI contract was off by 85cts to $60.35/bbl.

3 weeks ago | tradingview.com | Frank Tang |Jeff Barber

Nymex Overview: Oil Futures Down After Trump Says U.S. Close to Deal With Iran — OPISOil futures were down by more than $1 in early Thursday afternoon trading after President Trump said the U.S. is close to reaching a nuclear deal with Iran that could allow that country to sell more oil. The more-active NYMEX July West Texas Intermediate contract was down by $1.55 to $61.15/bbl at about 12:10 p.m. ET and the June WTI contract was $1.50 lower at $61.65/bbl.

1 month 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 month 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.