Energy news

The price of WTI Crude Oil jumped on Friday before going into this weekend and finished near 61.290, which in the historical scheme of things still represents a rather cheap value for the commodity.

The US dollar dropped significantly against the Norwegian krone Thursday, pressured by rising Norwegian inflation, stronger oil, and ongoing risk sentiment shifts.

WTI crude oil remains range-bound near $60 as traders look for short-term opportunities between resistance at $62 and support at $58.50.

Donald Trump's moves against two key suppliers have revived debate over China’s fragile oil balance. With domestic output flat and oil fields aging, how much capacity — if any — exists to raise production?

Earlier this month, a US military operation captured Venezuelan leader Nicolas Maduro and transported him to New York to face trial for narco-terrorism conspiracy. This was followed by the massive protests in Iran, which were bloodily suppressed by the Iranian regime. President Trump strongly hinted at a military response against Tehran and fears of war in the Middle East increased dramatically. T…

USD/CAD fell sharply on Tuesday amid broader dollar weakness and rising oil prices, but key support near the 200-day EMA and 1.3750 could attract buyers.

Crude oil prices rose modestly in low-volume holiday trading, with traders closely eyeing the $60 level and key moving averages for the next breakout or range setup.