Oil futures climbed on Thursday, with U.S. prices settling at their highest since late July. It's been a "risk-on day across the board," said Tariq Zahir, managing member at Tyche Capital Advisors. "Another storm is expected to become a major hurricane in the Atlantic, but the long term track is still uncertain at this point," he said. "Between the risk-on environment in equity markets and uncertainty of future storms, we expect to maintain strength in the energy markets until more clarity is...
U.S. stock index futures were little changed during overnight trading on Thursday.
U.S. stock index futures were modestly higher in overnight trading on Sunday.
Oil futures climbed Monday, with U.S. prices settling at their highest in almost three years. Natural-gas futures, meanwhile, rallied back to their highest level since February 2014. "Both oil and natural gas are expected to continue higher in the months ahead as fundamentals decidedly favor the bulls right now, while momentum and technicals both point to higher prices in the near to medium term," said Tyler Richey, co-editor at Sevens Report Research. U.S. crude inventories have fallen sharply...
Oil futures decline on Tuesday, with U.S. benchmark prices falling below the $70-a-barrel mark, after a broad selloff in the previous session attributed to jitters around troubled Chinese property giant Evergrande.
Oil futures on Wednesday posted their highest settlement since late July after the Energy Information Administration reported a 6.4 million-barrel weekly drop in U.S. crude supplies. "Oil's rally is nowhere near over as both demand and supply drivers are still mostly bullish: further delays in making progress with the Iran nuclear deal, a cold winter, and further production disruptions from a very active hurricane season," said Edward Moya, senior market analyst at Oanda. West Texas Intermediate...
Oil futures climb by more than 3% on Wednesday, eyeing their highest settlement since late July, after U.S. government data show a more than six million-barrel weekly drop in domestic crude supplies --- marking a sixth-consecutive weekly decline.
Oil futures rise Wednesday, finding support after data revealed that U.S. crude inventories declined for a seventh week in a row.
U.S. stock futures opened flat Tuesday night after major averages finished the regular session down, despite a slower-than-expected rise in U.S. inflation.
Oil futures ended higher on Friday, with U.S. prices up nearly 3% for the week, their fifth straight weekly advance, as U.S. inventories hover at their lowest since 2018. West Texas Intermediate crude for November delivery rose 68 cents, or 0.9%, to settle at $73.98 a barrel on the New York Mercantile Exchange. Prices, based on the front-month contracts, finished at their highest since mid-July, up about 2.8% for the week, FactSet data show.
Oil futures climb on Thursday, with prices headed higher for a third straight session and their highest finish since July.