Energy Commodities Brent Crude Commodity Market Trades, Charts

  • Remain calm and 'zen' in 2019, says The Motley Fool

    David Kuo of the Motley Fool Singapore says 2019 could be "very volatile," but he advises investors to remain "zen" and carry on investing.

  • *China trade talks resume next week. *U.S. official slams cartels amid push for anti- OPEC bill. NEW YORK, Feb 8- Oil futures edged higher on Friday but ended the week with a loss on renewed concerns about slowing global demand and after the dollar posted its best week in six months.

  • *But OPEC cuts, Venezuela crisis tighten market. SINGAPORE, Feb 7- Oil prices fell on Thursday after U.S. crude inventories rose and as production levels in the country held at record levels, but OPEC- led supply cuts and a crisis in Venezuela supported markets. West Texas Intermediate crude futures were at $53.83 per barrel at 0154 GMT, down 18 cents, or 0.3 percent,...

  • *But OPEC cuts, Venezuela crisis tighten market. SINGAPORE, Feb 7- U.S. oil prices dipped on Thursday after U.S. crude inventories rose and as production levels in the country stayed at record levels, but OPEC- led supply cuts and the crisis in Venezuela supported markets. West Texas Intermediate crude futures were at $53.82 per barrel at 0036 GMT, down 19 cents, or 0.35...

  • *U.S. sanctions on Venezuela further tighten supply. NEW YORK, Feb 5- Oil prices slipped on Tuesday, falling from two-month highs as concerns over a global economic slowdown crept back into the market, and a stronger dollar also weighed. Brent crude futures fell 53 cents to settle at $61.98 a barrel.

  • *U.S. sanctions on Venezuela further tighten supply. Prices sagged a day after the release of weak U.S. factory order data, which, coupled with recent disappointing economic data out of China, stoked worries about softer demand for crude oil in 2019, analysts said. U.S. crude futures dropped 82 cents to $53.74 a barrel, down 1.5 percent, at 2:03 p.m. EST.

  • LONDON, Feb 4- Hedge funds are becoming steadily less bearish towards oil as OPEC output cuts and U.S. sanctions on Venezuela remove large volumes of crude from the market amid increasing confidence a global recession can be averted. Hedge funds and other money managers were net buyers of another 30 million barrels of Brent crude futures and options in the week...

  • SINGAPORE, Feb 4- Oil prices rose to their highest so far this year on Monday as OPEC- led supply cuts and U.S. sanctions against Venezuela's petroleum industry tightened markets. "While Venezuela's output reportedly rose last month, fresh U.S. sanctions on the country could see 0.5 to 1 percent of global supply curtailed," Vivek Dhar, commodities analyst for...

  • *U.S. sanctions against Venezuela hit crude exports. NEW YORK, Feb 1- Oil prices rose about 3 percent on Friday on upbeat U.S. jobs data and signs that U.S. sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed U.S. drillers cut the number of oil rigs. Brent crude oil futures rose $1.91 a barrel, or 3.14 percent, to...

  • *U.S. sanctions against Venezuela hit crude exports. NEW YORK, Feb 1- Oil prices rose about 3 percent on Friday, rising on upbeat U.S. jobs data and signs that U.S. sanctions on Venezuelan exports have helped tighten supply, then extending gains after weekly data showed U.S. drillers cut the number of oil rigs. Brent crude oil futures rose $1.97 a barrel, or 3.2 percent, to...

  • *U.S. sanctions against Venezuela hit crude exports. NEW YORK, Feb 1- Oil prices rose more than 1 percent on Friday, after upbeat U.S. jobs data strengthened expectations for higher fuel demand and on signs that U.S. sanctions on Venezuelan exports have helped tighten supply. Brent crude oil futures rose $1.21 a barrel, or 2 percent, to $62.05 a barrel by 11:34 a.m. EST.

  • OIL PRICES EXTEND GAINS, BRENT RISES BY MORE THAN $1 TO SESSION HIGH OF $61.90 A BARREL.

  • *Substantial progress in U.S.- China trade talks- Trump. SINGAPORE, Feb 1- Oil prices held steady on Friday, torn between hopes the United States and China could soon settle their trade disputes and new data raising fresh concerns over China's economic slowdown. Oil futures received support from a broader financial market rally, which saw Asian shares hit...

  • SYDNEY, Jan 31- U.S. oil prices edged up on Thursday to extend gains into a third session, with widely watched data showing signs of tightening supply in the United States. West Texas Intermediate crude futures were at $54.41 per barrel at 0052 GMT, up 19 cents from their last settlement. WTI futures closed up 1.7 percent on Wednesday, when prices touched their...

  • NEW YORK, Jan 30- Oil prices rose on Wednesday, as U.S. government data that showed signs of tightening supply and investors remained concerned about supply disruptions following U.S. sanctions on Venezuela's oil industry. U.S. crude futures rose 92 cents to settle at $54.23 a barrel, a 1.73 percent gain. "The report looked supportive on several fronts with the most...

  • *Russia says sanctions limit Venezuela's debt repayment ability. NEW YORK, Jan 29- Oil prices rose more than 2 percent on Tuesday after the United States imposed sanctions on state-owned Venezuelan oil company PDVSA, a move likely to curb the OPEC member's crude exports and temper concerns about global oversupply that have weighed on crude futures.

  • *Libya's Sharara field to remainj shut until occupiers leave- NOC. LONDON, Jan 29- Oil prices rose on Tuesday after Washington imposed sanctions on state-owned Venezuelan oil company PDVSA in a move likely to curb the OPEC member's crude exports, but gains were capped by abundant supply and signs of a slowing Chinese economy. International Brent crude oil...

  • OIL PRICES EXTEND GAINS, BRENT UP BY MORE THAN $1 TO SESSION HIGH OF $60.98 A BARREL.

  • The situation in Venezuela is 'nothing new': CEF Holdings

    Warren Gilman of CEF Holdings says the oil market is "well used to" declining supply from Venezuela and expected 2019 to bring "more of the same."

  • Replacing Venezuelan crude oil could be difficult: Argus Media

    Reza Amanat of Argus Media says the U.S. sanctions on Venezuela will directly impact American oil refiners.