Oil buoyed ahead of U.S. supply data

United States News News

Oil buoyed ahead of U.S. supply data
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Oil futures attempt back-to-back gains.

Oil futures were up modestly early Thursday, attempting to put together back-to-back gains as investors await official data on U.S. crude inventories, with bulls encouraged by expectations the Federal Reserve interest rate-hike cycle is nearing its end.

With... Oil futures were up modestly early Thursday, attempting to put together back-to-back gains as investors await official data on U.S. crude inventories, with bulls encouraged by expectations the Federal Reserve interest rate-hike cycle is nearing its end. With supplies expected to tighten in the second half of the year, it’s only a matter of time until Brent moves solidly above $80 a barrel, they said.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Crude Oil Forecast: Crude Oil Markets Experience VolatilityCrude Oil Forecast: Crude Oil Markets Experience VolatilityThe oil markets displayed a back-and-forth movement during Monday\u0027s trading session, contributing to increased volatility early in the week.
Read more »

WTI Price Analysis: Tests strength of breakout ahead of oil inventoryWTI Price Analysis: Tests strength of breakout ahead of oil inventoryWest Texas Intermediate (WTI), futures on NYMEX, have corrected to near $75.40 in the Asian session after a stellar rally. The oil price is expected t
Read more »

Canadian Dollar reverses lower on the back of Oil price’s slippery slideCanadian Dollar reverses lower on the back of Oil price’s slippery slideCanadian Dollar reverses sharply lower against the US Dollar after a decline in Oil prices and strong sentiment data boosted the Buck. Oil falls from
Read more »

India's reliance on Russian oil may be 'approaching a limit'India's reliance on Russian oil may be 'approaching a limit'India's imports of Russian oil has reached a peak for the rest of the year due to infrastructural capacity limitations and curtailed exports from Russia.
Read more »

Oil refinery manager turned filmmaker creates documentary about Philadelphia explosionOil refinery manager turned filmmaker creates documentary about Philadelphia explosionBilal Motley's documentary goes deep into the concepts of how energy sectors affect our climate, and what he calls environmental injustice.
Read more »

WTI crude oil loses traction near the $74.20 mark as markets turn cautiousWTI crude oil loses traction near the $74.20 mark as markets turn cautiousWestern Texas Intermediate (WTI), the US crude oil benchmark, is trading around the $74.20 mark so far this Tuesday. WTI retreats from around $77 afte
Read more »



Render Time: 2025-02-25 19:43:57