natural gas

International oil prices rose on Friday (8th), but still closed lower for the seventh consecutive week, the longest weekly decline since 2018. Some analysts attributed Friday’s gains to supportive comments from Russia and Saudi Arabia, but oil prices fell this week as traders remained unmoved by production cuts by major oil producers. energy commodity prices … Read more

International oil prices fell for the second consecutive trading day on Friday (1st), closing the week lower. The results of the highly anticipated OPEC+ meeting failed to convince the market, and traders did not believe that oil-producing countries would fully implement further production cuts. energy commodity prices West Texas Intermediate crude oil futures for January … Read more

International oil prices rose on Wednesday (29th) as investors focused on tomorrow’s OPEC+ meeting, which is expected to result in further supply cuts and ignored the sixth consecutive weekly increase in U.S. crude oil, gasoline and distillate inventories. Separately, traders also assessed the storm’s disruption to Black Sea crude oil shipments. However, negotiations between major … Read more

Crude oil futures prices closed higher on Thursday (2nd) as the U.S. dollar weakened after the Federal Reserve (Fed) decided to keep key interest rates unchanged, halting the decline in oil prices after three days in a row. Energy Commodity Prices West Texas Intermediate (WTI) crude oil futures for December delivery rose $2.02, or 2.5%, … Read more