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RBOB Gas (Mar'23)

WTI near two-month highs on Israel-Hezbollah war fears

by Adrian Jhonsan
WTI near two-month highs on Israel-Hezbollah war fears

Smoke billows during Israeli bombardment on the village of Khiam in south Lebanon near the border with Israel on June 19, 2024 amid ongoing cross-border tensions as fighting continues between …

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Categories World

WTI, Brent fall as rally takes a breather

by Milton Acorn
WTI, Brent fall as rally takes a breather

Oil pumpjacks are seen along a section of Highway 33 known as the Petroleum Highway north of McKittrick in Kern County, California, on Sept. 28, 2022. Frederic J. Brown | …

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Categories Science

WTI weekly gain as gas demand surges

by Milton Acorn
WTI weekly gain as gas demand surges

U.S. crude oil was on pace Friday for a second weekly gain in a row, as gasoline demand has surged to post-pandemic highs. Oil prices fell Friday but are ahead …

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Categories Science

WTI on space for second weekly gain in a row

by Milton Acorn
WTI on space for second weekly gain in a row

U.S. crude oil held firm above $81 per barrel on Thursday, with the benchmark heading for its second weekly gain in a row. West Texas Intermediate has gained 4% this …

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Categories Science

WTI extends gains on supply deficit projection

by Milton Acorn
WTI extends gains on supply deficit projection

U.S. crude oil rose more than 1% Wednesday, extending this week’s rally as OPEC and the Department of Energy see steady demand this year. The Department of Energy raised its …

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Categories Science

WTI, Brent rise for second day

by Milton Acorn
WTI, Brent rise for second day

A pump jack drills oil crude from the Yates Oilfield in West Texas’s Permian Basin, near Iraan, Texas, U.S., March 17, 2023.  Bing Guan | Reuters Crude oil futures rose …

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Categories Science

WTI below $81 ahead of Fed decision

by Milton Acorn
WTI below  ahead of Fed decision

A pumpjack is shown outside Midland-Odessa area in the Permian basin in Texas, U.S., July 17, 2018. Image taken July 17, 2018.  Liz Hampton | Reuters U.S. crude oil fell …

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Categories Science

WTI falls below $82 on inflation data

by Milton Acorn
WTI falls below  on inflation data

An oil pumpjack is pictured in the Permian basin, Loco Hills regions, New Mexico, U.S., April 6, 2023. Liz Hampton | Reuters U.S. crude oil dropped below $82 a barrel …

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Categories Science

WTI at $83 on hopes for interest rate cuts

by Milton Acorn
WTI at  on hopes for interest rate cuts

U.S. crude oil moved 1% higher to nearly $83 a barrel Tuesday on optimism that weak manufacturing data could accelerate interest rate cuts. U.S. manufacturing activity hit a four month …

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Categories Science

Ukraine’s AI drone attacks on oil refineries threaten energy markets

by Milton Acorn
Ukraine’s AI drone attacks on oil refineries threaten energy markets

Smoke billows after Ukraine’s SBU drone strikes a refinery, amid Russia’s attack on Ukraine, in Ryazan, Ryazan Region, Russia, in this screen grab from a video obtained by Reuters, March …

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Categories Science
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