Crude Oil Prices Slip Amid Trade Uncertainty A combination of the Federal Reserve’s latest rate cut and the meeting between President Donald Trump and Chinese President Xi Jinping sent crude oil prices falling on Thursday.Early trading showed the decline continuing through the afternoon, with U.S. benchmark West Texas Intermediate (WTI) crude closing at $60.25 per …
Crude Oil Stocks Fall Nearly Seven Million Barrels The U.S. government reported a nearly 7 million-barrel drop in crude oil stocks nationwide, marking a notable weekly decline in reserves. The U.S. Energy Information Administration (EIA) said the amount of crude oil in storage fell 6.8 million barrels over the past week — declining from 422.8 …
Oklahoma Energy Stocks See Strong Gains Despite Falling Oil Prices Oil prices dropped to their lowest settlement since early May on Monday, but Oklahoma’s energy sector showed strength across the board.While crude prices faltered, natural gas prices jumped more than 12%, and nearly every Oklahoma-based energy stock ended the day in positive territory. Investors are …
Oil Prices Post Modest Rebound but End Week in Decline Crude oil futures ended Friday with minor gains, but the weekly picture showed another steep drop. Brent crude futures rose 23 cents, or 0.38%, closing at $61.29 a barrel. West Texas Intermediate (WTI) crude edged up 8 cents, or 0.14%, to settle at $57.54 on …
