Steve Cronin

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 | Steve Cronin |Michael Kelly

Nymex Overview: Petroleum Futures Rise on Supply Concerns — OPISCVXCrude oil and refined product futures contracts were seeing gains Wednesday morning as concerns about global supply helped offset anticipation that OPEC and its allies could soon agree to another increase in production. Oil prices were up by nearly 1.6% at 11:15 a.m. ET, with the July West Texas Intermediate crude contract up 90cts to $61.79/bbl and August prices moving 86cts higher to $61.19/bbl.

2 weeks ago | tradingview.com | Steve Cronin |Michael Kelly

Nymex Overview: Futures Fall on Fears of Another OPEC Production Boost — OPISCrude oil and refined product futures prices were falling heading into Thursday afternoon, pushed lower by reports that OPEC and its allies are considering additional production increases. Crude prices were down by 1.1% at 11:30 a.m. ET as they headed for a third day of declines, with the July West Texas Intermediate crude contract falling by 71cts to $60.86/bbl while August prices saw a similar loss to $60.32/bbl.

1 month 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.

1 month 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.