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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
Crude Oil News

Crude oil futures rangebound amid lack of fresh cues

August 10, 2022 Mariel Alumit

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 […]

Forecast
Crude Oil News

Forecast lower temperatures dampen US spot gas, futures prices

August 9, 2022 Mariel Alumit

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 […]

UK’s
International News

Crude oil futures continue to consolidate amid seasonal product demand growth

August 5, 2022 Mariel Alumit

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
Crude Oil News

Crude oil futures continue to consolidate amid seasonal product demand growth

August 5, 2022 Mariel Alumit

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
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 […]

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