U.S. refiners are set to continue operating at high utilization levels in the third quarter, despite concerns that a slowdown in demand could be looming in case of a recession, executives and analysts told Reuters on Thursday. […]
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 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 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 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 futures were mostly steady in mid-morning Asian trade Aug. 10 as prices continued to drift sideways amid an uncertain demand outlook, though some support was seen from a suspension of Russian oil flows […]
A forecast break from very hot weather in the US Northeast and Midwest is expected to ease power-sector demand for natural gas through at least Aug. 13, loosening recent supply-demand tightness and weakening spot gas […]
Crude oil futures continued to consolidate higher in mid-afternoon Asian trade Aug. 4 after a multiday selloff amid seasonal demand growth in the transport and aviation sectors, shrugging off the Bank of England’s interest rate […]
Crude oil futures continued to consolidate higher in mid-afternoon Asian trade Aug. 4 after a multiday selloff amid seasonal demand growth in the transport and aviation sectors, shrugging off the Bank of England’s interest rate […]
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 […]
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