Crude Futures Rise as Refined Products Fall
Crude futures rose midday Thursday while refined product contracts fell. November WTI was up $2.38 at $97.47 a barrel as of 11:40 a.m. ET.
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MORNING BID AMERICAS — Coreweave unravels
(The opinions expressed here are those of the author, a columnist for Reuters.) By Mike Dolan Oct 15 (Reuters) — What matters in US and global markets today By Mike Dolan, Editor-At-Large, Finance and Markets Is an October Fed hike back on the table? The release of hot headline and core September US inflation figures s
Global Oil Stockpiles Hit ‘Scarily Thin’ Deadzone: 3 US Plays Shielded From Hormuz
Global oil stockpiles have become "scarily thin," Saudi Aramco Chief Executive Officer Amin Nasser said Monday at the Energy Intelligence Forum in London. When the U.S.-Iran war began, the world held about 10 billion barrels of oil stocks, he said. That has fallen to less than 6 billion, and only about 10% of it is pra
Gasoline Rises to Eight-Week High
US gasoline futures rose above $3.45 a gallon, rising to an eight-week high, amid a tightening outlook for energy supply from the Middle East. Attacks last week by Iran-backed Houthi rebels shut down a crucial crude pipeline in Saudi Arabia that bypasses the Strait of Hormuz, which remains under blockade. Since the sta