News by Barani Krishnan on Investing.com

Oil down 5% on week as bottom falls out after failed China pursuit By Investing.com - Feb 17, 2023

By Barani Krishnan Investing.com - Reality finally seems to be setting in on the oil market. After initially defying blockbuster crude builds reported back-to-back by the U.S....

Oil dips just a little on stinging U.S. inflation, projected China demand By Investing.com - Feb 16, 2023

By Barani Krishnan The long side of the oil trade isn’t throwing in the towel despite stinging U.S. inflation data and more hawkish talk by the Fed on Thursday that came on top of...

U.S. utilities draw an even 100 bcf from storage last week, below forecast - EIA By Investing.com - Feb 16, 2023

By Barani Krishnan Investing.com -- Utilities drew a lower-than-forecast 100 bcf, or billion cubic feet, from U.S. natural gas storage for heating and electricity generation last...

Gold stuck at mid-$1,800 on U.S. inflation woes By Investing.com - Feb 15, 2023

By Barani Krishnan Investing.com -- Stickier-than-expected U.S. inflation is developing into a bugbear for gold, trapping it at mid-$1,800 levels, with technical charts indicating...

Oil bulls buy back market dip after mega U.S. crude build By Investing.com - Feb 15, 2023

By Barani Krishnan Investing.com - The U.S. crude inventory build isn’t going away. In fact, it’s growing. But that doesn’t seem to deter the crude bulls. Oil prices were almost...

U.S. crude inventories jump 16.3M barrels last week - EIA By Investing.com - Feb 15, 2023

By Barani Krishnan Investing.com -- U.S. crude stockpiles rose for an eighth straight week last week and almost 10 times more than forecast, government data showed. U.S. crude...

U.S. crude inventories up 10.5 million barrels last week: API By Investing.com - Feb 14, 2023

By Barani Krishnan Investing.com -- U.S. crude stockpiles resumed their builds last week, trade group API said Tuesday, as demand for both transportation fuels and heating products...

Natural gas bounces at mid-$2 as selling pauses amid market inflection By Investing.com - Feb 14, 2023

By Barani Krishnan Investing.com -- The selloff in natural gas paused on Tuesday as the market appeared at an inflection after a two-month-long plunge, with analysts saying traders...

Oil rally cut short by inflation concerns, leftover U.S. reserve sale By Investing.com - Feb 14, 2023

By Barani Krishnan Investing.com -- There doesn’t seem to be much Valentine love for those long oil. Stickier-than-expected U.S. inflation and news that the Biden administration...

Bulls fight to keep oil in green ahead of U.S. inflation report By Investing.com - Feb 13, 2023

By Barani Krishnan Investing.com -- The Russian crude production cut is no longer news ahead of the biggest report on U.S. inflation. But oil bulls still fought to keep the market...