While bearish sentiment due to OPEC+ production increases and demand concerns are causing oil prices to fall, this decline is likely to be temporary. “Oil markets are feeling a strong bearish bias ...

(Bloomberg) -- Oil surged as simmering geopolitical ... Meanwhile, the two nearest futures for West Texas Intermediate crude ...

Crude oil futures are lower across the board on concerns ... has seen the prompt switch narrow to only about $0.15 with a contango possible within about a one week time frame," Ritterbusch says ...

Oil prices took a hit this ... OPEC+ will take corrective measures as the crude time spreads fall below $0.50 per barrel and the market flirts with contango.” The White House postponed its ...

the NYMEX WTI prompt spread has flipped back to a small contango. Pressure on the flat price has continued this morning with suggestions that oil exports from Iraq’s Kurdistan region could ...

That has narrowed some of the contango between April and May that ... Both contracts are within about 0.75cts of their highs. Crude oil futures were modestly higher after dropping more than ...

Ample supply continued to weigh on the Middle East crude market, widening Dubai's prompt inter-month spread into a deeper contango. Prompt oil is cheaper than supply in future months in a contango ...

That has narrowed some of the contango between April and May that ... Both contracts are within about 0.75cts of their highs. Crude oil futures were modestly higher after dropping more than ...