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HomeCrude Oil Prices

Crude Oil Prices

Climate Crisis

Court blocks Biden’s LNG Ban

July 3, 2024 Andy Del Prado

Daily Standup Top Stories Court blocks Biden admin’s ban on new LNG exports – Is this because of the Chevron Deferenence Supreme Court Decision? July 1, 2024 Stu Turley A federal judge issued a ruling Monday […]

Oil prices
Crude Oil News

Oil prices rise 2% on summer demand hopes, supply worries

July 1, 2024 Mariel Alumit

July 1 (Reuters) – Oil prices climbed about 2% on Monday on hopes of rising demand during the Northern Hemisphere’s peak summer driving season and worries that OPEC+ production cuts could result in supply deficits […]

Oil
Crude Oil News

Oil settles up on Mideast tension, gains curbed as interest rate cuts pushed back

June 12, 2024 Mariel Alumit

HOUSTON, June 12 (Reuters) – Oil settled higher on Wednesday as ongoing tensions in the Middle East lent support to prices, but news that interest rate cuts could start as late as December capped gains, […]

oil prices
EIA News

Residential heating oil prices start winter heating season higher than last year

November 17, 2022 Mariel Alumit

November 17, 2022 Data source: U.S. Energy Information Administration, Heating Oil and Propane Update U.S. heating oil prices were 65% higher this October than they were in October of last year, according to our Heating […]

Oil prices
Crude Oil News

‘Limited’ oil and gas capacity could send prices higher in 2023, analyst says

August 23, 2022 Mariel Alumit

Oil prices could spike again by the beginning of 2023, says one analyst. “Domestically, whether it’s oil or it’s gas, these companies have very very limited incremental capacity at this time,” Truist Securities Managing Director […]

Oil prices
Top News

Oil prices plummet below $100 as recession risks gain focus

July 5, 2022 Mariel Alumit

(Bloomberg) — Oil headed for its worst trading day in almost three months as recession fears iced markets, outweighing a fundamentally tight supply market. West Texas Intermediate crude futures dropped as much as 10%, the […]

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