NYMEX Overview: Oil Futures Steady, Headed for Week-to-Week Decline — OPIS
The NYMEX January RBOB contract was up by 0.6ct to $1.9875/gal and the December contract was also 0.6ct higher at $1.9585/gal. The January ULSD contract was off by 0.25ct to $2.2195/gal and the ...
Oil moves lower, with U.S. prices down by over 3% for the week
Oil prices have fallen against a backdrop of a “looming surplus, even as the U.S. appears headed for a soft landing,” said Michael Lynch, president of Strategic Energy & Economic Research. He pointed ...
Oil prices fall for the week on bets for a ‘looming surplus,’ soft China demand
Oil futures declined on Friday with expectations for a supply surplus next year, strength in the U.S. dollar, and continued ...