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ICE Brent Crude (Apr'23)

WTI, Brent poised for weekly gain

by Milton Acorn
WTI, Brent poised for weekly gain

A picture taken from southern Israel near the border with the Gaza Strip on December 21, 2023, shows smoke billowing following Israeli bombardment in the Palestinian territory amid ongoing battles …

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Categories Science

Traders monitor Gaza talks, Iran tensions

by Milton Acorn
Traders monitor Gaza talks, Iran tensions

A Palestinian petrol station attendant stands at empty pumps at a closed petrol station in Rafah in the southern Gaza Strip on November 5, 2023, amid the ongoing battles between …

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Categories Science

Oil market will face supply shortage by end of 2025, Occidental CEO says

by Adrian Jhonsan
Oil market will face supply shortage by end of 2025, Occidental CEO says

Occidental CEO Vicki Hollub speaks at the panel dicscussion during the Abu Dhabi International Petroleum Exhibition and Conference held at ADNEC Exhibition Center on October 2, 2023. Ryan Lim | …

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Categories World

WTI, Brent lower on Fed, Gaza ceasefire talk

by Milton Acorn
WTI, Brent lower on Fed, Gaza ceasefire talk

A customer refuels at a Safeway gas station in Hercules, California, US, on Tuesday, May 23, 2023. David Paul Morris | Bloomberg | Getty Images Oil prices fell Monday as …

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Categories Science

Oil poised for best month since September

by Milton Acorn
Oil poised for best month since September

Oil prices are on pace for the first monthly gain since September as the U.S. and Iran stand on the brink of a more direct confrontation in the Middle East. …

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Categories Science

WTI, Brent steady on IMF forecast

by Milton Acorn
WTI, Brent steady on IMF forecast

Oil prices held steady Tuesday after the International Monetary Fund raised its global growth forecast for the year and as the market waited to see how the U.S. will respond …

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Categories Science

Oil prices higher after Iran-linked drone strikes kill U.S. troops

by Milton Acorn
Oil prices higher after Iran-linked drone strikes kill U.S. troops

A drone launch during a military exercise in an undisclosed location in Iran captured in a handout image obtained on Aug. 25, 2022. Iranian Army | West Asia News Agency …

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Categories Science

Crude rises on China stimulus

by Milton Acorn
Crude rises on China stimulus

Oil field workers on a rig in Tioga, North Dakota. Ken Cedeno | Corbis | Getty Images U.S. crude oil prices rose more than 1% Wednesday after production fell substantially …

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Categories Science

Oil prices fall as investors monitor supply threats, Libya production restart

by Milton Acorn
Oil prices fall as investors monitor supply threats, Libya production restart

A Repsol Oil Operations oil drilling rig pounds into the desert searching through thousands of feet for and oil reserve in El-Sharara, Libya. Benjamin Lowy | Getty Images Oil prices …

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Categories Science

Oil prices steady as investors weigh Libya oilfield restart, Mideast tensions

by Milton Acorn
Oil prices steady as investors weigh Libya oilfield restart, Mideast tensions

A Repsol Oil Operations oil drilling rig pounds into the desert searching through thousands of feet for and oil reserve in El-Sharara, Libya. Benjamin Lowy | Getty Images Oil prices …

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Categories Science
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