Breaking News: CL – Market Insights, Analysis & Latest Updates

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Oil prices jump on prospect of widening Middle East war shrinking supply

Oil prices increased over 3% due to Middle Eastern tensions. Global supplies may tighten as conflicts escalate, influencing international crude markets and U.S. economic policies.

investing.com • 12/08/2024 - 00:40 AM

US futures, Disney, Chinese inflation, EV sales - what's moving markets

Wall Street rebounds as investors regain confidence; Disney commits to $1 billion in entertainment, while new energy vehicles comprise over half of China's auto sales.

investing.com • 09/08/2024 - 08:14 AM

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Oil posts 3% weekly gains on positive economic data, rate cut hopes

Oil prices rose over 3.5% weekly due to positive economic indicators, Fed rate cut signals, and escalating geopolitical tensions in the Middle East impacting supply risks.

investing.com • 09/08/2024 - 01:10 AM

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Exclusive-India's Reliance in crude-for-naphtha swap deal with Venezuela, sources say

Reliance Industries will partially pay for Venezuelan crude with naphtha after U.S. approval, amid delays due to overbooked ports and sanctions affecting oil trade.

investing.com • 08/08/2024 - 17:58 PM

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Oil could bounce; continue to recommend selling strength: Citi

Citi Research predicts a short-term oil price rebound to the low-to-mid-$80s/bbl for Brent, but maintains a bearish long-term forecast averaging $60/bbl by 2025.

investing.com • 08/08/2024 - 11:35 AM

US futures, jobless claims, Apple - what's moving markets

Wall Street futures decline ahead of jobless claims data; concerns over Apple charging for AI features and global carry trade impacts surface amid volatile market conditions.

investing.com • 08/08/2024 - 08:14 AM

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Oil prices settle higher as easing US recession jitters boost demand sentiment

Oil prices rise as U.S. labor data eases recession fears, while China shows reduced oil imports. U.S. oil inventories drop but gasoline stocks increase. Citi remains bearish long-term.

investing.com • 08/08/2024 - 02:02 AM

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Oil settles up for third straight day on US job data and Mideast tensions

Oil prices rose for the third consecutive day as US job data eased demand fears, with geopolitical tensions in the Middle East further influencing market dynamics.

investing.com • 08/08/2024 - 00:49 AM

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Oil prices rise on larger-than-expected draw in US crude stocks

Oil prices rose due to a bigger-than-expected drop in U.S. crude inventories and Middle East tensions, despite lingering recession fears and weak demand affecting market sentiment.

investing.com • 07/08/2024 - 01:54 AM

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Oil settles 2% higher on falling US crude stockpiles, rebounds from multi-month lows

Oil prices rose over 2% due to a significant drop in U.S. crude stockpiles, despite ongoing concerns about weak demand in China and Middle East tensions.

investing.com • 07/08/2024 - 01:18 AM

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