iPath Pure Beta Crude Oil ETN

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Oil futures rose Wednesday, finding support after industry data showed a large drop in U.S. crude inventories.

Futures Movers: Oil prices lifted on expectations for another drop in U.S. crude inventories

Oil prices rose around 1% on Wednesday, extending overnight gains, after industry data showed U.S. crude stocks fell more than expected last week in the wake of two hurricanes, highlighting tight supply as demand improves.

Oil rises on big decline in U.S. crude stocks

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 6.1 million barrels for the week ended Sept. 17, according to sources.

API data reportedly show a weekly decline of more than 6 million barrels in U.S. crude supplies

Oil futures end higher ahead of weekly data on U.S. petroleum supplies

Global gas prices have tripled this year alone, sending ripples through markets and raising concerns that prices of the commodity will only continue to rise.

Surging gas prices are the 'transition premium' in the push toward renewables, OPEC chief says

Oil futures traded higher Tuesday, bouncing back from a broad selloff suffered in the previous session attributed to jitters around troubled Chinese property giant Evergrande.

Futures Movers: Oil bounces after Evergrande-inspired selloff

Oil prices rose on Tuesday as analysts pointed to signs of U.S. supply tightness, ending days of losses as global markets remain haunted by the potential impact on China's economy of a crisis at heavily indebted property group China Evergrande.

Oil prices advance amid U.S. supply tightness signals

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The oil price is falling after rallying before. Early in another September week, Brent is trading at $74.50 and has a lot of room to correct.

Oil Was Put On Hold - Brent Is Trading At $74.50 And Has A Lot Of Room To C54orrect

Oil prices fell on Monday, extending losses from Friday after the U.S. dollar jumped to a three-week high and the U.S. rig count rose, although nearly a quarter of U.S. Gulf of Mexico output remained offline in the wake of two hurricanes.

Oil down on stronger greenback, rising U.S. rig count

Oil futures fell on Friday, with U.S. prices easing back from their highest level since late July. The day's selloff is "mostly attributable to profit taking following the run up earlier in the week," said Marshall Steeves, energy markets analyst at IHS Markit.

Oil futures settle lower, but gain over 3% for the week

Oil futures were slightly lower Friday, pulling back from seven-week highs, as crude production in the Gulf of Mexico makes a slow comeback from Hurricane Ida.

Futures Movers: Oil prices edge lower, but on track for weekly rise of more than 3%

Oil prices barely moved on Friday even as more supply came back online in the U.S. Gulf of Mexico following two hurricanes, with benchmark contracts on track to post weekly gains of around 4% as the output recovery is seen lagging demand.

Oil steady as U.S. storm-hit supply returns slowly

U.S. Gulf Coast crude oil exports are flowing again after recent hurricanes took out 26 million barrels of offshore production, according to sources and Refinitiv Eikon data, with local prices easing as more shipments moved out of the region.

U.S. Gulf crude oil ramps up after hurricane losses -data

Oil futures shook off Thursday's early losses, leading U.S. prices to settle unchanged for the session, a day after a weekly drop in U.S. crude supplies lifted prices to their highest since late July. Global benchmark Brent prices, meanwhile, edged higher to notch another finish at their highest in about seven weeks.

U.S. oil futures settle unchanged; Brent notches another finish at highest in 7 weeks

Oil futures edged lower Thursday, taking a breather after a four-day winning streak pushed the U.S. benchmark to a seven-week high.

Futures Movers: Oil rally stalls after hitting 7-week high

Oil futures on Wednesday posted their highest settlement since late July after the Energy Information Administration reported a 6.4 million-barrel weekly drop in U.S. crude supplies. "Oil's rally is nowhere near over as both demand and supply drivers are still mostly bullish: further delays in making progress with the Iran nuclear deal, a cold winter, and further production disruptions from a very active hurricane season," said Edward Moya, senior market analyst at Oanda.

Oil posts highest price settlement since late July; natural-gas futures up nearly 4%

The U.S. oil benchmark traded at its highest level since early August on Wednesday, after industry data shows a large fall in U.S. crude inventories ahead of official data.

Futures Movers: Oil extends rise as industry data shows another drawdown in crude inventories

The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 5.4 million barrels for the week ended Sept. 10, according to sources.

API data reportedly show a weekly decline of more than 5 million barrels in U.S. crude supplies

U.S. oil futures finished little changed on Tuesday as traders assessed the impact of Nicholas, a storm which made landfall at the Texas coast as a Category 1 hurricane. The storm's impact was "much less than previously anticipated as no major new refinery or oil production facility was shut off that wasn't already offline," said Manish Raj, chief financial officer at Velandera Energy Partners.

U.S. oil futures end little changed as traders assess the impact Nicholas, the latest Gulf storm

I recently wrote a bullish trading piece on Crude Oil as it was attempting to breakout above its down-trend line. That breakout call was premature, as price has bided time in a sideways consolidation.

Crude Oil Futures Could Move 10 Percent Higher On Breakout

Oil futures rose Tuesday, trading at around six-week highs, as Nicholas made landfall on the Texas coast, weakening to a tropical storm, as crude and natural-gas production in the Gulf of Mexico struggles to recover from Hurricane Ida.

Futures Movers: Oil trades at 6-week high as Nicholas makes landfall in Texas

As Harvard sheds its fossil fuel investments, some argue it's dangerous to limit leverage over oil and gas companies

The climate advocates who refuse to divest from big oil

Action in stocks was muted as investors waited for the release of US consumer-price inflation data that could influence the Fed's decision making.

US futures waver ahead of key inflation data, while oil climbs for third day running

Oil prices extended gains on Tuesday, hovering near a six-week high, on signs another storm could affect output in Texas this week even as the U.S. industry struggles to return production after Hurricane Ida wreaked havoc on the Gulf Coast.

Oil extends gains on worries of U.S. supply disruptions from another storm

U.S. benchmark oil prices settled above $70 a barrel on Monday for the first time in nearly six weeks, and natural gas futures extended last week's rally to mark a finish at the highest since February 2014. "Oil prices have continued to edge higher with U.S. supply concerns in the wake of Hurricane Ida still dominating," said Michael Hewson, chief market analyst at CMC Markets UK.

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