Crude oil prices ended the week with another loss as OPEC boosted oil output at a time of global oversupply of the commodity.
Crude oil prices fell Thursday after posting gains on the two days prior.
Crude oil futures rose today as investors wait on the U.S. Federal Reserve meeting and the final reading on U.S. inventories.
Crude oil futures traded within a narrow range on Monday as concerns about oversupply continue to affect investors’ market sentiment.
Crude oil prices backed off from the yesterday’s gains as investors remain uncertain that prices will be sustained.
U.S. crude oil futures made a comeback on Thursday after hitting their two-year low yesterday.
Crude oil futures hold up on Monday.
Natural gas prices have fallen for a fourth day in a row on Friday after the Energy Information Association (EIA) announced that U.S. inventories for the commodity were larger than projected.
After tumbling all week, crude oil prices surged on Friday in conjunction with U.S. stock futures.
Crude oil futures continued their slide on Thursday as the glut in the commodity’s supply met weak global demand.