Gasoline prices typically fall in the autumn and early winter as demand decreases and gasoline retailers switch to cheaper winter-blend fuels. Additionally, Americans take fewer trips during this period,...
Oil prices have been under pressure lately. The WTI crude ETF USO and the Brent crude ETF BNO are down about 10% and 9.5%, respectively, past month. In its monthly report, the Organization of the Petroleum...
Oil prices remained under pressure lately with the WTI crude exchange-traded fund (ETF) United States Oil Fund LP USO losing about 5.3% past week. The ETF slumped more than 3% on Tuesday. United States...
Nearby NYMEX crude oil prices reached a 2024 high in mid-April. After falling to an early June low, prices recovered to a lower high in early July, where they ran out of upside steam. As the fall and winter...
Oil prices (USO) edged higher on Wednesday, despite a surprise increase in U.S. gasoline supplies, as investors remained concerned about the potential expansion of the Gaza conflict disrupting crude supplies...
Oil prices climbed, building on their biggest weekly advance since early April and extending a short-covering rally as traders bet on summer driving season. West Texas Intermediate (WTI) traded above $79...
Oil futures (USO) reduced their weekly losses after OPEC+ members reiterated that their plan to increase supply is conditional on market conditions. Brent crude futures were trading near $80 a barrel,...
Oil prices advanced as geopolitical tensions flared in the Middle East, with reports of Israeli tanks reaching the center of Rafah in Gaza and a vessel attack in the Red Sea. Brent crude traded above $83...
Oil prices (USO) rebounded on Wednesday after government data revealed a decline in U.S. stockpiles, signaling a tighter physical market. West Texas Intermediate (WTI) settled near $79 a barrel after crude...
Nasdaq (NDAQ) is gearing up to intensify its offerings in the short-term options market, responding to surging investor interest in derivatives with swift expirations. At the recent Options Industry Conference...