Europe’s diesel markets are flashing signs of tightness, with near-term diesel contracts on Tuesday hitting the steepest backwardation--a situation where futures contracts for prompt delivery are more ...

HOUSTON (Reuters) -Front-month U.S. crude oil futures ended Monday's trading at their smallest premium since January 2024 over the seventh-month contract, as OPEC+ ramps up supply while seasonal ...

Saudi crude exports have fallen below 6 million b/d, the lowest pace of outflows since the spring of 2021. Even Dubai futures are trading above the ICE Brent benchmark. Despite the extremely healthy ...

The prospect of a contango is casting a shadow over oil markets, with the entire 2026 WTI futures curve now trading below $60 per barrel—beneath breakeven levels for most new shale wells.

Commodities prices are set by investors buying and selling contracts for the delivery of raw materials now and in the future. When prices for a given commodity are lower for delivery today than they ...

Crude oil's futures curve will likely switch to contango this summer from the current backwardation as global inventory is expected to build which would ease supply tightness, Bank of America energy ...

The United States Oil ETF, LP should perform well due to the recovery in risk assets and the oil curve remaining in backwardation. Weakness in oil prices and simultaneous gains in US stocks, as we ...

SINGAPORE, July 2 (Reuters) - Asian oil swaps fell 2.5-3.5 percent across the 12-month curve on Thursday, but persistently strong buying sentiment for a seventh straight session kept fuel oil at firm ...

Traders use various technical indicators to predict how markets and individual stocks will move within the next few days, hours, minutes and seconds. While using one technical indicator is a good ...