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Oil prices extended gains on Thursday, settling up more than $1 as geopolitical tensions and output cuts outweighed caution about U.S. Federal Reserve rate cuts. Brent futures for June... -April 04, 2024 at 06:15 pm EDT - MarketScreener
Producer group OPEC and the International Energy Agency, the world's most closely watched forecasters of oil demand growth, are further apart than they have been for at least 16 years in their views... -March 11, 2024 at 10:24 am EDT - MarketScreener
U.S. crude oil futures settled lower on Wednesday after the Federal Reserve held firm on its decision to hold off cutting interest rates in the near future, while growing U.S. crude stockpiles added... -February 28, 2024 at 04:16 pm EST - MarketScreener
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Oil prices rose more than $1 a barrel on Tuesday as sources said OPEC+ is considering extending voluntary oil output cuts into the second quarter to provide additional support. Brent crude futures rose $1.12, or 1.4%, to $83.65 a barrel, while U.S. West Texas Intermediate crude futures (WTI) were up $1.29, or 1.7%, at $78.87. "We are going to see some tight supplies down the road," said Dennis Kissler, senior vice president of trading at BOK Financial.