FXEmpire.com - 1/20/2021 6:15:00 PM
Traders believe a surge in debt-funded spending would be a positive for the global economy, demand for crude oil and commodity prices in general.
Reuters - 1/21/2021 3:06:00 AM
GRAPHIC - China's imports of U.S. energy: tmsnrt.rs/3sHkrEz LAUNCESTON, Australia, Jan 21 (Reuters) - President Joe Biden inherits a problematic trade deal with China and the unpalatable choices of trying to make Beijing meet its commitments on purchases of U.
Nasdaq - 1/21/2021 5:16:00 AM
Oil slipped on Thursday after industry data showed a surprise build in U.S. crude inventories that reignited pandemic-led demand concerns, but stimulus hopes in the United States limited the downturn in prices.
DailyFX - 1/15/2021 6:00:00 AM
Crude oil prices managed to shrug off soggy risk appetite yesterday but may yet succumb to selling pressure. Technical positioning bolsters the case for a downturn.
MarketWatch on MSN.com - 1/19/2021 7:03:00 PM
A combination of supply cuts and demand increases has helped crude oil prices soar over the past 2½ months. Meanwhile, redlining by banks — more on that later — points to what may turn out to be a special advantage for the largest industry players.
FXEmpire.com - 1/19/2021 3:48:00 PM
Crude oil markets rallied a bit during the trading session on Tuesday as it looks like we are trying to find some type of stability.
The Motley Fool on MSN.com - 1/20/2021 12:42:00 PM
Since the oil and gas crash of 2014 and 2015, the industry has been mostly out of favor on Wall Street. Between 2017 and 2020 the energy sector produced a negative 39% total return compared to the market's over 80% gain -- taking the meaning of underperformance to a whole new level.
Reuters - 1/14/2021 1:02:00 PM
Oil prices edged higher on Thursday after a drawdown in U.S. crude stocks for a fifth straight week and robust data from China showing a surge in imports, though mounting coronavirus cases globally capped gains.
Nasdaq - 1/20/2021 9:00:00 PM
Oil price is rising as expectations are growing stronger that President-elect Joe Biden will provide support in recovering growth and energy demand in the United States. Weakness in dollar is also aiding the upside in oil prices.
MarketWatch on MSN.com - 1/14/2021 1:28:00 PM
Oil futures lose ground Thursday, on track for back-to-back losses as investors reacted to data that showed a December slowdown in the pace of Chinese