Jeff Mower

Nov 6, 2024 | spglobal.com | Jeff Mower |Joey Daly

Oil futures were slightly lower and trading in a tight range early Nov. 6 following news that former President Donald Trump was elected to a second term. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. At 1156 GMT, NYMEX front-month crude was down 97 cents at $71.02/b, while ICE front-month Brent was down 95 cents at $74.58/b. The Associated Press called the race early Nov. 6, after Trump was projected to take the swing state of Wisconsin.

Oct 31, 2024 | spglobal.com | Jeff Mower |Starr Spencer |Binish Azhar

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Upstream Crude production in the Permian Basin is growing, but pipeline capacity growth out of the West Texas/New Mexico play is lagging.

Oct 30, 2024 | spglobal.com | Jeff Mower |Kate Winston

Israeli Defense Forces struck fuel depots in northeastern Lebanon on Oct. 30 as part of its attack on Hezbollah in Baalbek, according to media reports. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. ABC News cited an IDF statement that said the "fuel depots supplied fuel Hezbollah's military vehicles," adding the fuel was supplied by Iran.

Oct 26, 2024 | spglobal.com | Jeff Mower |Christopher Vanmoessner

Israel launched strikes against targets in Iran following the late Oct. 25. Not registered? Receive daily email alerts, subscriber notes & personalize your experience. Crude futures had settled higher on expectations that Israel would respond to Iran's Oct. 1 missile attack, potentially escalating conflict in the Middle East. NYMEX December WTI had settled up $1.59 at $71.78/b, and ICE December Brent climbed $1.67 higher to $76.05/b.

Sep 23, 2024 | spglobal.com | Jeff Mower

Make Decisions With Conviction For full access to real-time updates, breaking news, analysis, pricing and data visualization subscribe today. Crude Oil | Upstream Highlights China's economy slows to 4% annual growth Oil output from 'American quartet' driving surplus Global oil demand growth will likely remain below 1 million b/d in the near future largely because of a slowdown in China's economy, International Energy Association executive director Fatih Birol said Sept. 23.