Today: September 21, 2024
Today: September 21, 2024

Latest From Erwin Seba

Economy|Finance|News|World

Crude futures settle down by more than $1/bbl on demand fears

Crude futures fell by more than $1 a barrel on Wednesday in see-saw trading, with traders worried about demand in coming months as crude producers offered mixed

Crude futures settle down by more than $1/bbl on demand fears
Business|Economy|Finance

Oil climbs over 2% after Fed's Powell indicates US rate cuts

U.S. light crude oil gained more than 2% a barrel on Friday after comments by U.S.

Oil climbs over 2% after Fed's Powell indicates US rate cuts
Business|Economy

Valero plans to run refineries at 92% of combined capacity in Q3 2024

U.S. refiner Valero Energy Corp plans to operate its 14 refineries up to 92% of their combined 3.2 million barrel-per-day (bpd) total throughput capacity in the third

Valero plans to run refineries at 92% of combined capacity in Q3 2024
Environment|Science

Colorado State University increases forecast for number of hurricanes in 2024

Colorado State University (CSU) weather forecasters on Tuesday increased the number of hurricanes expected in 2024 in the closely watched July update to their long-

Colorado State University increases forecast for number of hurricanes in 2024
News|Political

U.S. Coast Guard says hurricane may shut oil ports

The U.S.

U.S. Coast Guard says hurricane may shut oil ports
Economy|News

Crude falls as Hurricane Beryl fears fade

Crude oil prices fell on Tuesday as fears faded that Hurricane Beryl would disrupt supplies as the storm will avoid most oil fields as it barrels toward Jamaica.

Crude falls as Hurricane Beryl fears fade
Economy|News

Oil prices rise on US crude draw; jobs data feeds rate cut hopes

Oil futures climbed on Thursday after the U.S.

Oil prices rise on US crude draw; jobs data feeds rate cut hopes
Business

Oil prices take a small loss in seesaw session

Brent and U.S. crude futures finished at a small loss following a see-saw session, in which prices fell more than $1 a barrel at one point on Friday, as traders tried

Oil prices take a small loss in seesaw session
Business

Crude futures down as markets watch Middle East conflict

Oil prices fell on Tuesday on easing concerns about potential supply disruptions from the battle between Israel and the Palestinian Islamist group Hamas though

Crude futures down as markets watch Middle East conflict
Economy

Brent, US crude futures climb over 2% as OPEC cuts expected

Brent and U.S. crude futures climbed more than 2.5%, gaining $2 a barrel, on Monday as further supply cuts in OPEC+ production are expected to be announced following

Brent, US crude futures climb over 2% as OPEC cuts expected
Business|Economy

Oil drops as OPEC+ boosts supply even though demand is shaky

Oil prices fell more than $1 a barrel on Tuesday on scepticism about an OPEC+ decision to boost supply later this year into a global market where demand has already

Oil drops as OPEC+ boosts supply even though demand is shaky
Environment|News

US forecasters see large number of major hurricanes in 2024

U.S. government forecasters said on Thursday up to seven major hurricanes may form in an "extraordinary" 2024 Atlantic hurricane season beginning June 1.

US forecasters see large number of major hurricanes in 2024
Economy|News|World

Oil futures fall as fears of a wider Middle East war fade

Oil futures fell on Monday as traders focused on market fundamentals, seeing little near-term risk that the Middle East conflict would impact supply.

Oil futures fall as fears of a wider Middle East war fade
News

Charges dropped against former Exxon executive

A sexual assault charge against a former Exxon Mobil Corp executive was dropped after a suburban Houston grand jury declined to issue an indictment, an official of

Charges dropped against former Exxon executive
News

US Gulf Coast oil patch gets lucky, so far, in busy hurricane season

A very

US Gulf Coast oil patch gets lucky, so far, in busy hurricane season

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