U.S. crude oil rises, tops $82 per barrel ahead of Fourth of July holiday
Though oil prices have risen, the average price of a gallon of gasoline stands at $3.49 nationwide, down about five
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Natural Gas (Mar'23)
Oil prices bounce back as investors hope U.S. inventory data will point to stronger summer fuel demand
The Department of Energy will release the latest inventory data at 10:30 am. Source link
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U.S. crude oil on pace for second weekly again as gasoline demand surges
Gasoline demand last week surged to the highest level for that period since the pandemic ended, according to JPMorgan. Source
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U.S. crude oil trades above $82 per barrel, on pace for second weekly gain in a row
JPMorgan forecasts that Brent will hit $90 on summer fuel demand by September. Source link
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U.S. crude oil snaps three-week losing streak as forecasts point to tighter market
Oil prices are gaining on expectations that summer fuel demand will draw down inventories. Source link
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Oil prices edge higher after weekly loss as Goldman sees supply deficit on summer fuel demand
Goldman Sachs sees a $75 floor and a $90 ceiling for Brent this year. Source link
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U.S. crude oil posts worst month since November ahead of weekend OPEC+ meeting
U.S. oil is down 4.8% in May, while global benchmark Brent has fallen 7.2%. Source link
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U.S. crude oil gains more than 1% as market looks to OPEC+ meeting on production levels
Oil market analysts are broadly expecting OPEC+ to maintain its current production levels. Source link
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Biden’s gasoline sale likely won’t have a major impact on summer pump prices
The Energy Department's move to sell 1 million barrels of gasoline from the Northeast Gasoline Supply Reserve may not provide
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