-
1 week 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.
-
2 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.
-
3 weeks ago | 
tradingview.com | Steve Cronin |Michael Kelly
Nymex Overview: Crude, Product Futures Fall SharplyOPISCrude oil and refined product futures prices were seeing another day of sharp losses Monday amid a pullback in equity markets and indications of progress in talks between the U.S. and Iran. Crude prices were down by about 2.6% at 11:30 a.m. ET, with the NYMEX May West Texas Intermediate crude contract sinking by $1.67 to $63.01/bbl.
-
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 | 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.
-
1 month ago | 
tradingview.com | Steve Cronin |Michael Kelly
Trucking activity in the U.S. jumped 3% in February in what an industry trade group said was a signal that the truck freight market is beginning to recover from a two-year recession. Activity not only saw a month-to-month increase in February but also posted its second straight year-to-year gain during the month, the first time that has happened since early 2023, the American Trucking Associations said Tuesday.
-
2 months ago | 
tradingview.com | Steve Cronin |Jeff Barber
Supreme Court Declines Request to Hear Climate Lawsuits Filed by Five States — OPISThe Supreme Court on Monday rejected a request by 19 Republican attorneys general to hear lawsuits filed by five Democratic states that seek to punish the oil industry for climate change. The court provided no explanation for turning down the request. The lawsuits have yet to play out in state courts.
-
2 months ago | 
tradingview.com | Steve Cronin |Michael Kelly
Nymex Overview: Crude and Product Prices Rise, Still Face Weekly Loss — OPISCrude-oil and refined product futures contracts were seeing gains but remained on track for week-to-week losses. The gains Friday come amid some easing of oversupply fears as Russian Deputy Prime Minister Alexander Novak told reporters that OPEC and its allies could reverse an increase in production planned to begin next month as the cartel unwinds previous production cuts that had been intended to support fuel prices.
-
2 months ago | 
tradingview.com | Steve Cronin |Michael Kelly
Enbridge Announces C$2.5 Billion in Upgrades to its Oil and Gas Systems — OPISENBCanadian pipeline company Enbridge will spend C$2.5 billion ($1.73 billion) in upgrades to its North American oil and gas systems, company officials announced Tuesday. The plans, announced as part of Enbridge's Investor Day presentation, include C$2 billion for Enbridge's Mainline system in the U.S. and Canada through 2028 to provide additional pipeline egress from the Western Canadian oilfields.
-
2 months ago | 
tradingview.com | Steve Cronin |Michael Kelly
Refinery Closures to Send US Product Inventories to 26-Year Low in 2026: EIA — OPISU.S. inventories of gasoline, distillate and jet fuel are expected to fall to their lowest levels in more than two decades in 2026 thanks to a combination of refinery closures and increased demand that will deplete supplies, according to the Energy Information Administration.
