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Oil Market Turns to the Upside – TDS
Oil market upside is being driven by Commodity Trading Advisors (CTA) flows yet again, TD Securities Senior Commodity Strategist Ryan McKay notes.
DOE Completes 1M Barrel Gasoline Sale From Its Reserve to Five Companies -- OPIS
The Department of Energy said on Tuesday it has sold 1 million bbl of gasoline from its Northeast Gasoline Supply Reserve to five companies to complete a previously announced move aiming to lower pric
Express News | U.S. DOE Says Office Of Petroleum Reserves Said Contracts Awarded For Sale, Liquidation Of 1M Barrels Of Gasoline In Northeast Gasoline Supply Reserve; 1M Barrels Being Sold At Average Price Of $ 2.34 Per Gallon & Will Help Lower Gas Prices Ahead Of...
Stocks to Watch as Category 5 Hurricane Beryl Heads to Jamaica
Beryl has strengthened into a category 5 hurricane, and is expected to be near major hurricane intensity as it moves into the central Caribbean and passes near Jamaica on Wednesday and the Cayman Islands on Thursday, according to the U.S. NHC.
Sector Update: Energy Stocks Edge Higher Pre-Bell Monday
Energy stocks were edging higher pre-bell Monday with the Energy Select Sector SPDR Fund (XLE) recently advancing by 0.6%. The United States Oil Fund (USO) was up 0.7% and the United States Natural Ga
Oil Prices Rise as Traders Continue to Bet on Market Tightening
0800 GMT - Oil prices rise after closing higher for the third consecutive week on Friday. Brent crude is up 0.7% to $85.59 a barrel, while WTI trades 0.8% higher to $82.17 a barrel. Expectations for a