Commodities

Oil heads for weekly decline of around 4%

Oil prices declined Friday morning following a week filled with concerns about interest rate hikes, global growth and COVID lockdowns in China putting a dent in demand.

Is a natural gas crisis coming?

U.S. supplies hit a three-year low – 18% below the average for this time of year – and the market could get even worse.

Oil prices choppy as crude stays above $100 per barrel

Oil prices added to gains Wednesday morning after climbing Tuesday night on worries about sliding output in sanctions-hit Russia, tightening supply after Moscow said talks to resolve its invasion of Ukraine had come to a dead end.

Oil prices trade higher, head for weekly decline

Oil prices traded higher Friday morning as an announced planned release of 240 million barrels from emergency stocks offset some concerns over reduced supplies from Russia caused by western sanctions.