Oil Prices Moving Higher as Demand Grows

Oil held near its highest this month, amid risk-on sentiment in global markets that has helped push crude up recently. Demand for gasoline is also rising as we move into the summer driving season. Bloomberg's Will Kennedy reports.

BloombergJun 18 09:39 ET

Bank of America: Oil Demand on the Rocks

InvestingJun 17 10:36 ET

Crude oil trade reminder: Middle East tensions push up oil prices, but the Federal Reserve's attack has hit bullish morale.

Oil prices rose and fell on Wednesday, supported by continued tensions in the Middle East. Earlier in the day, oil prices rose nearly 2% to a two-week high, but closed mostly higher as the Federal Reserve's two-day meeting ended with a statement indicating that interest rate may not be lowered until December.

FX678 FinanceJun 12 20:50 ET

New Energy Forecast Points to Cheaper Oil -- and Gasoline -- Barrons.com

There is more oil being produced today than is being used in many parts of the world, which is one reason prices for both crude and gasoline have been weak. Average national gas prices are at $3.45 per gallon, down 17 cents from a month ago and 14 cents from a year ago, according to AAA.

Barron'sJun 12 13:35 ET

Citigroup Analysts Paint Bearish Picture for Global Crude Oil Prices -- OPIS

Citigroup's global commodities team on Wednesday said crude oil has missed out on what has been a "spectacular year for some commodities" and has been mostly range bound with volatility at about 10 year lows.

Dow JonesJun 12 11:44 ET

Oil Inches Lower After Rally as Investors Await U.S. Inflation Data, Fed Meeting

0748 GMT - Oil prices edge lower as investors await key U.S. inflation data and the Federal Reserve's policy meeting outcome for more clarity on the path of rate cuts and how that will affect demand.

WSJJun 11 03:55 ET