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HomeCrude Oil Futures

Crude Oil Futures

Crude
Overnight Oil Report

Crude oil futures rebound after overnight plunge on weakening outlook

July 13, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning Asian trade July 13, trimming losses after a plunge of more than 7% overnight as the near-term outlook weakened considerably amid COVID-19 curbs in China and weakening sentiment […]

UK
Crude Oil News

UK energy security at risk from ‘zombie’ government as Johnson resigns

July 7, 2022 Mariel Alumit

Whoever becomes the UK’s next prime minister will have a big “to do” list from the moment they enter Downing Street. A full-blown cost of living crisis, looming economic recession, and preventing war on the […]

Oil futures
Overnight Oil Report

OIL FUTURES: Brent below $100/b as recession concerns trigger renewed selling pressure

July 6, 2022 Mariel Alumit

Oil futures selling pressure resumed in midmorning New York trading July 6, with front-month ICE Brent falling below $100/b intraday for the first time since April 25. At 1755 GMT, NYMEX August WTI was down […]

Crude
Overnight Oil Report

Crude consolidates amid supply disruptions from Norway

July 5, 2022 Mariel Alumit

Crude oil futures were mostly steady in mid-morning Asian trade July 5, consolidating strong gains from the previous day, as supply disruptions from Norway further added to existing supply woes. At 10:52 am Singapore time […]

Crude
Overnight Oil Report

Crude oil futures inch higher as investors await OPEC+ meeting outcome

June 30, 2022 Mariel Alumit

Crude oil futures inched higher in the mid-morning trade in Asia June 30 on the back of investors awaiting the outcome of the OPEC+ meeting taking place later today and the US data showing a […]

Overnight Oil Report

Crude oil futures extend gains on supply disruptions, lack of spare capacity

June 28, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning trade in Asia June 28, extending gains for a third day as supply disruptions overshadowed fears of a global recession, while OPEC spare capacity was reported to be […]

Overnight Oil Report

Crude oil futures climbs, erasing early declines; sentiment still fragile

June 27, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning trade in Asia June 27, reversing early losses of more than $2/b though sentiment remained fragile amid ongoing concerns of a global economic slowdown. At 10:36 am Singapore […]

Overnight Oil Report

Crude oil futures mostly steady; sentiment still fragile amid recession fears

June 24, 2022 Mariel Alumit

Crude oil futures were mostly steady in mid-morning trade in Asia June 24 after shedding early morning gains as sentiment remained fragile following steep declines in the last two sessions. At 10:30 am Singapore time […]

Overnight Oil Report

OIL FUTURES: Crude drops amid recessionary fears, tightness to remain across markets

June 23, 2022 Mariel Alumit

Crude oil futures declined during mid-morning training on June 23 on the back of investors’ anguish over looming recessionary fears. At 1216 GMT, ICE August Brent crude futures were down 19 cents/b at $111.55b, while […]

Overnight Oil Report

Crude oil futures extend gains as recession fears ease; outlook remains bullish

June 21, 2022 Mariel Alumit

Crude oil futures were higher in mid-morning trade in Asia June 21, extending overnight gains as recessionary fears that plagued markets in recent weeks receded and investors returned focus to bullish near-term fundamentals. At 10:33 […]

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