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Crude Oil Aug 15 (CLQ15.NYM)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
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50.59+0.23 (+0.46%)
As of 7:53PM EDT. Market open.
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Pre. SettlementN/A
Settlement DateN/A
Last Price0.00
Day's Range49.77 - 51.02
  • Oil holds gains as producers say market rebalancing
    Reuters1 hour ago

    Oil holds gains as producers say market rebalancing

    Oil prices stood little changed on Monday, keeping most of their gains from the previous session to hold near their highest levels in months, as major producers meeting in Vienna said the market was well on its way toward rebalancing. The Organization of the Petroleum Exporting Countries, Russia and several other producers have cut production by about 1.8 million barrels per day since the start of 2017, helping lift oil prices by about 15 percent in the past three months. "Since our last meeting in July, the oil market has markedly improved," said Kuwaiti Oil Minister Essam al-Marzouq, who chaired Friday's meeting, of the Joint Ministerial Monitoring Committee.

  • Oilprice.com6 hours ago

    OPEC’s Premature Victory Lap

    OPEC’s meeting on Friday did not yield any major decisions, and even though the cartel reports strong compliance, it remains unclear whether the deal will be extended

  • Oilprice.com10 hours ago

    Oil Majors Brace For More Niger Delta Attacks

    The upcoming Nigerian elections, alongside the slow pace of the current peace process, could trigger a renewal of violence in the Niger Delta