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Crude Oil - Commodity Capsule: Brent crude oil gains; gold rises; gas prices soar
Antero Resources and Comstock Resources, both significant gas producers, announced plans to reduce gas production in 2024 by approximately three per cent compared to 2023.
Nigeria’s daily crude oil production hits 1.43million b/d in January
Nigeria's daily average crude oil production increased to over 1.43million barrels per day in January 2024. This makes over 91,000 barrels increase from ...
Crude oil rises for second day on improving signs of US refinery demand
U.S. crude inventories have climbed amid outages at large refineries that have left utilisation rates at the lowest level in two years, though the plants are resuming output.
Crude oil rises on near-term strong demand outlook
Crude oil futures traded higher on Thursday as the market foresees strong demand outlook in the near term. At 9.53 am on Thursday, April Brent oil futures were at $83.20, up by 0.20 per cent, and ...
Crude Oil Heavy As Global Demand Worries Win Out Over Geopolitics
Crude oil prices wilted again on Wednesday as worries about final demand levels trumped concerns about conflict in the Middle East and its effects on supply. Those worries are certainly well founded.