Volatility increased in Chinese crude and fuel oil futures markets this week on concerns U.S. sanctions on an oil storage terminal in east China would prevent physical deliveries for the contracts.

WTI crude is likely to consolidate around $65/bbl, after it showed a new bullish bias and has gained more than 1.6% in the short term, StoneX said.

Over the longer term, energy prices are an indicator of economic strength or weakness. This is because, as noted previously, energy is consumed in every part of the economic cycle.

Oil prices hold steady between 50- and 200-day moving averages, with OPEC+ supply, fading U.S. demand, and Russia-India flows shaping crude oil outlook.

Crude oil holds above the 200-day moving average as traders weigh OPEC+ output hikes against rising geopolitical supply risks ...

Crude oil futures rise as Ukraine attacks Russian nuclear site, impacting oil prices and global market outlook.

Oil and refined product futures down sharply near midday Tuesday, as crude prices pulled back after ending higher for the previous four sessions. The Nymex October West Texas Intermediate contract was ...

U.S. crude stocks, gasoline, and distillate inventories fell last week as demand rose, the Energy Information Administration ...

As of 21:52 ET (01:52 GMT), Brent Oil Futures expiring in October dropped 0.8% to $68.10 per barrel, while West Texas Intermediate WTI crude futures declined 0.7% to $64.14 per barrel.

Refined products futures remained up at midday, but had also backed away from earlier gains. The ULSD futures were down about 1ct to 1.5cts from morning highs reached after EIA reported another drop ...

U.S. shale producers, notably quiet on hedging since the pandemic, are re-engaging in WTI futures and options. Click to read.

Crude oil futures posted weekly gains for the first time in three weeks, with little sign of progress toward a peace deal to ...