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NYMEX Crude oil News
NYMEX Crude oil
Oil prices, gasoline demand climb as countries ease coronavirus curbs
Fri, May 22, 2020
Oil prices were on the rise on Friday, heading for a fourth straight week of gains, amid more evidence that fuel demand is recovering as countries ease business and social restrictions.
Oil prices climb as US stocks drawdown eases supply glut fears
Thu, May 21, 2020
Oil prices edged higher on Thursday after data showed US crude inventories fell again, easing concern about a supply glut, though lingering fears over the global economic fallout from the COVID-19 pandemic capped gains.
Oil prices ease on dim economic outlook despite signs of strong demand
Wed, May 20, 2020
Oil prices dipped on Wednesday as concerns over the lasting economic fallout from the coronavirus pandemic outweighed signs of improving demand and production cuts by major oil producers.
Oil prices lifted for fourth day on hopes of output cuts and demand pick-up
Tue, May 19, 2020
Brent crude climbed $0.85, or 2.4%, to $35.66 a barrel by 0033 GMT, after touching its highest since April 9.
Crude oil prices climb as Saudi Arabia pledges further production cut
Tue, May 12, 2020
Oil price futures rose on Tuesday, boosted by an unexpected commitment from Saudi Arabia to deepen production cuts in June to help drain the glut in the global market.
Oil prices rise 5 pct in second weekly gain on output cuts, demand hopes
Sat, May 09, 2020
Oil prices settled 5% higher on Friday in their second consecutive week of gains as U.S. producers cut production with the number of drilling rigs falling to a record low.
Oil prices rise on hopes that easing of coronavirus curbs will trigger demand boost
Fri, May 08, 2020
Oil prices rose on Friday as more countries began easing lockdowns set in place to stop the coronavirus spreading, giving hope that demand for fuels will pick up.
Oil prices rise as US inventories grow less than feared while Coronavirus slashes demand
Thu, May 07, 2020
Oil prices rose on Thursday after US inventories swelled less than expected, but market watchers predicted further gains could be capped by the ongoing glut in crude supplies as the coronavirus pandemic crushes fuel demand.
Oil prices fall as rising US inventories reassert supply concerns
Wed, May 06, 2020
Oil prices fell on Wednesday, ending a multi-day streak of gains, as investors focused on oversupply risks after US crude inventories rose more than expected amid a slump in demand caused by restrictions to halt the coronavirus spread.
Oil price up 3% as countries ease lockdowns, production falls
Tue, May 05, 2020
Oil price was up 3% on Monday as more countries announced they would begin easing coronavirus lockdowns and as crude supply cuts by the world`s top producing nations and companies take hold.
Crude Oil prices climb as storage fills less rapidly than feared
Wed, Apr 29, 2020
Oil prices climbed on Wednesday, trimming some of this week`s steep losses after U.S. stockpiles rose less than expected and hopes grew for demand to pick up.
Oil price tumbles as world's storage tanks fill up amid demand shock
Tue, Apr 28, 2020
Oil prices slumped on Tuesday, extending the previous session`s slide, on worries about limited capacity to store crude worldwide and expectations that fuel demand may only recover slowly as coronavirus pandemic restrictions are gradually eased.
Oil prices recover ground after market turmoil fuels price plunge
Wed, Apr 22, 2020
Oil prices found some respite on Wednesday as U.S. oil futures rose more than 20% and Brent prices steadied after a two-day price plunge, as markets struggle with a massive crude glut amid the coronavirus outbreak.
After historic plunge below $0, US crude oil futures turn positive, Brent dips
Tue, Apr 21, 2020
U.S. oil prices recovered on Tuesday to trade in positive territory after sinking below $0 for the first time ever, but international benchmark Brent dipped as demand for crude slumps amid the coronavirus pandemic.
Shocking! US oil prices crash 300 per cent, turn negative for the first time in history
Tue, Apr 21, 2020
US oil prices turned negative on Monday for the first time in history. West Texas Intermediate crude for May delivery shed more than 300 per cent to settle at -37.63 USD per barrel on the New York Mercantile Exchange.
Oil price today: Crude crashes to 18-year low of around $17 per barrel; know why
Wed, Apr 15, 2020
Oil Price Today: Crude oil price today hit 18-year low as the oil price in international market crashed around $17 per barrel.
Oil Price Today: Crude rises after US, Russia agree to oil market talks
Tue, Mar 31, 2020
Oil Price Today: Brent crude was up by 19 cents, or 0.8%, at $22.95 a barrel by 0051 GMT, after closing at $22.76 in the previous session, the lowest close since November 2002.
Oil price flat; Coronavirus impact offsets Libya supply disruptions
Wed, Feb 19, 2020
Oil prices were near flat on Tuesday, pressured by concerns over the impact on crude demand from the coronavirus outbreak in China
WTI Crude: Oil prices gain on Libya, Iraq supply worries
Tue, Jan 21, 2020
Brent crude was trading up 11 cents, or 0.2%, at $65.31 per barrel by 0101 GMT. U.S. West Texas Intermediate crude futures were up 20 cents, or 0.3%, at $58.74 a barrel.
WTI Crude: Oil prices hold gains after US inventory drawdown
Thu, Aug 29, 2019
WTI Crude: Oil prices clung to gains on Thursday after official data confirmed a big drop in US crude inventories, helping ease concerns about weakening demand.