Energy news

WTI Crude Oil traders bought hand over fist during the trading session on Friday to close at the top of the candle stick, and then break above the $55 level.

Oil prices started the week by trading at their highest prices since November 2018, boosted by supply concerns due to sanctions from the U.S. against Iran and Venezuela, as well as OPEC’s production cuts which began in January.

Crude oil will take its price cues from the ongoing concerns on increased supply from non-OPEC sources.

Ecuador is the world's largest exporter of bananas. The fruit plays just as big a role as oil for the country's economy and its fight against poverty. Some German discounters seem to care little about that.

The WTI Crude Oil market initially pulled back during the day on Thursday but found enough support near the $53 level to turn around and form a bit of a hammer.

Crude oil prices may turn lower as worries about slowing global growth weigh on cycle-sensitive assets but US consumer confidence data may offer a lifeline.

The failed attempt to test the monthly-high ($55.75) may generate range-bound conditions for crude as oil prices snap the bullish series from earlier this week.

The WTI Crude Oil market rallied a bit during the trading session on Wednesday, but we continue to struggle with the idea of breaking above the $55 level.

Gold prices continue to pressure chart support guiding the uptrend from November as investors eye US retail sales data. Crude oil prices’ resilience may be challenged.

The WTI Crude Oil market went back and forth during trading on Tuesday, as the market continues to consolidate in the same general vicinity it has been in for several days.

Crude oil prices may look through incoming IEA and DOE statistical releases to focus on sentiment trends. Gold prices are eyeing January’s US CPI report.

Oil prices rose as much as 1 percent during Wednesday’s Asian session after OPEC reported steep production cuts in Januarys.

Recent price action raises the risk for a larger rebound in crude even as OPEC warns of waning demand as oil prices initiate a series of higher highs & low.

The US has a vested interest in selling liquefied natural gas to Europe's biggest economy as it produces a lot more than it needs at home. But is LNG really vital for Germany's long-term energy strategy?

The WTI Crude Oil market initially fell hard during the trading session on Monday, but we have seen support below the $52 level yet again.

Gold prices may fall if US officials avoid another government shutdown, boosting bond yields alongside risk appetite. Crude oil prices may struggle for direction however.