1 week ago Oil Traders Eye Glut Yet Remain Haunted by Past Price Spikes

Bearish oil traders scarred by past geopolitical price spikes are increasingly favoring safer ways to position for a looming glut.

Economics

1 week ago Oil Extends Slump as Traders Assess Outlook for Deal on Ukraine

Oil dropped after posting the biggest weekly loss since early October, as traders weighed the prospect of a Ukraine-Russia peace deal that could increase crude flows into an already well-supplied market.

Economics

1 week ago Oil Steadies as Prospects for Ukraine Peace Deal Dominate Market

Oil steadied after the biggest weekly loss since early October, as traders weighed the prospect of a Ukraine-Russia peace deal that could increase crude flows into an already well-supplied market.

Events

2 w. ago BB Energy Loses Half its Houston Traders Amid Tough Oil Market

BB Energy has lost roughly half of its traders from its Houston oil desk in recent weeks and is reorganizing amid a tough environment for oil and commodity markets.

Economics

2 w. ago Oil Traders Doubt OPEC+ Will Cut Supply in 2026 Despite Surplus

Oil traders are not counting on OPEC+ to cut production next year, despite forecasts that a global supply surplus could send prices even lower.

Economics

2 w. ago Markets brace for rush of U.S. data after shutdown ends : FP Video

Plus, what shoppers can expect heading into the holiday season

Other

3 w. ago Oil Steadies After Gains as Traders Count Down to OPEC Outlook

Oil steadied following a three-day gain ahead of reports that’ll shed light on the outlook for global crude market balances into 2026.

Economics

3 w. ago Oil Steadies as Narrowing Spreads Point to Softer Conditions

Oil steadied as traders tracked softening market metrics and waited for reports that may give clues about an impending global surplus.

Events

3 w. ago Data Fog Intensifying for Fed as Shutdown Delays US Inflation Numbers

Two monthly jobs reports have fallen victim to the longest US government shutdown and a key inflation snapshot due in the coming week is also in jeopardy, illustrating a thickening data fog for a Federal Reserve that’s the most divided in recent memory.

Economics

4 w. ago Oil Traders In the Dark Without Positioning Data During Shutdown

Rick Bandazian trades oil, writes a newsletter on what he calls “asymmetric trade opportunities” and hosts a YouTube show with tips on making money in the market, doled out from his office in a converted fire house.

Economics

4 w. ago Trading firm Gunvor, accused by US of being ‘Kremlin’s puppet,’ drops plan to buy Lukoil assets

GENEVA (AP) — A top-tier international commodities trader has dropped plans to buy the international assets of Russia oil company Lukoil as it rejected U.S. government allegations of being “the Kremlin’s puppet.” Trading firm Gunvor, whose main trading office is in Geneva, announced on X that it’s withdrawing its proposal to acquire the Lukoil assets, […]

Economics

4 w. ago Gunvor Scraps Lukoil Deal After US Calls It Kremlin ‘Puppet’

Commodity trader Gunvor Group has withdrawn its offer for the international assets of sanctioned Russian oil producer Lukoil PJSC after the US Treasury Department called it “the Kremlin’s puppet” and said the oil and gas trader would never get a license.

Events

4 w. ago Oil Holds Drop as Saudis Cut Asian Prices, US Inventories Climb

Oil steadied after a two-day decline, as traders weighed price cuts from key producer Saudi Arabia and the biggest jump in US stockpiles since July.

Economics