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HomeOvernight Oil Report

Overnight Oil Report

Crude oil
Overnight Oil Report

Crude oil futures inch higher after 2-day selloff, sentiment remains weak

August 17, 2022 Mariel Alumit

Crude oil futures inched higher in mid-morning Asian trade Aug. 17 as investors bought the dip after a second day of steep declines, with sentiment still bearish amid weak economic data and progress on an […]

Crude oil
Overnight Oil Report

Crude oil futures extend losses as sentiment sours after weak China, US data

August 16, 2022 Mariel Alumit

Crude oil futures were lower in mid-morning Asian trade Aug. 16, extending steep declines from the overnight session, after the release of data showing economic activity weakening in China and the US and as investors […]

Crude
Crude Oil News

Crude oil futures ease on further profit-taking amid lack of cues

August 15, 2022 Mariel Alumit

Crude oil futures were lower in mid-morning Asian trade Aug. 15 on profit-taking amid a lack of fresh cues and after the ICE Brent marker briefly retook $100/b late last week on a wave of […]

Crude oil
Crude Oil News

Crude oil futures mostly steady after roller coaster overnight session

August 11, 2022 Mariel Alumit

Crude oil futures were mostly steady in mid-morning Asian trade Aug. 11, as prices took a breather after a roller coaster overnight session on a barrage of headlines including a mixed US inventory report and […]

Crude oil
Overnight Oil Report

Crude oil futures rebound after overnight plunge to pre-Ukraine war levels

August 4, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning Asian trade Aug. 4, rebounding from five-month lows after bearish US oil data and supply increases from OPEC+ sent oil prices plummeting to levels not seen since before […]

Crude
Crude Oil News

Crude oil futures extend losses after overnight tumble on demand concerns

August 2, 2022 Mariel Alumit

Crude oil futures extended losses in midmorning Asian trade Aug. 2 after heavy losses in the overnight session, as fresh data continued to show weakening economic activity in the world’s largest economies while US producers […]

Crude
Crude Oil News

OIL FUTURES: Crude drops on slowing Chinese economy, demand weakness

August 1, 2022 Mariel Alumit

Crude futures traded lower in midmorning trade in Europe on Aug. 1, as markets reacted to weakened economic activity in China with the Caixin PMI dropping to 50.4 in July. At 1107 GMT, October ICE […]

Crude
Overnight Oil Report

Crude oil futures stable to lower as recession fears resurface

July 27, 2022 Mariel Alumit

Crude oil futures were stable to slightly lower in mid-morning Asian trade July 27 as recession fears returned to the fore after fresh US data overnight showed weakening consumer confidence in the economy. At 10:18 […]

Crude Oil News

Crude oil futures start week on bearish note amid weak economic indicators

July 25, 2022 Mariel Alumit

Crude oil futures were lower in mid-morning Asian trade July 25 as signs of weakening economic activity in the West continued to weigh on oil prices. At 10:16 am Singapore time (0216 GMT), the ICE […]

Overnight Oil Report

OIL FUTURES: Crude rises as Nord Stream uncertainty feeds global supply concerns

July 18, 2022 Mariel Alumit

Crude futures rose slightly during mid-morning European trade July 18 amid persistent supply concerns following US President Joe Biden’s trip to Saudi Arabia and uncertainty surrounding the Nord Stream gas pipeline as annual maintenance nears […]

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