Canada Markets closed

Crude Oil Nov 22 (CL=F)

NY Mercantile - NY Mercantile Delayed Price. Currency in USD
Add to watchlist
81.65+0.42 (+0.52%)
As of 06:10PM EDT. Market open.
Full screen
Pre. SettlementN/A
Settlement Date2022-10-20
Last Price81.23
Day's Range81.61 - 81.74
  • Bloomberg

    Oil Falls After An Aimless Session Centered on Slowdown Fears

    (Bloomberg) -- Oil fell with sinking equities following fresh signals of economic tightening ahead, offsetting the bite of any potential OPEC+ supply cuts.Most Read from BloombergMacKenzie Scott Files for Divorce From Science Teacher HusbandTrump Refuses to Delay Florida Deposition in Phone-Fraud Case Despite HurricaneApple Ditches iPhone Production Increase After Demand FaltersStocks Plummet to 22-Month Low as Fed Hawks Circle: Markets WrapMeta to Cut Headcount for First Time, Slash Budgets Acr


    Oil Dips as Dollar Steadies; OPEC Mulls Next Move with ‘Liability Called Russia’

    Crude prices rebounded about 7% over the past two sessions on production shut-ins in the Gulf Coast related to fears of hurricane damage. On the storm front, some 9% of the U.S. Gulf Coast’s shut-in production is expected to be reopened with the safe passage of Hurricane Ian away from critical energy facilities in the area. While crude prices were still supported to an extent by speculation of a production cut to be announced by OPEC+ next week, worries about sanctions-impacted Russia seemed to be weighing on the minds of at least some within the alliance, said analysts.

  • Reuters

    UPDATE 3-Argentina's shale output to stall amid bottlenecks, analyst warns

    Activity levels are at all-time highs in Argentina's prime region for oil and gas production, but equipment and transport bottlenecks are limiting its growth, energy executives said on Thursday at an energy conference. The Vaca Muerta shale region in the Neuquen province needs more drilling rigs, hydraulic fracturing fleets, water and natural gas pipelines to continue growing, officials from YPF , Tecpetrol and PanAmerican Energy said. "Frac fleet availability is a massive bottleneck," said Alexandre Ramos, Rystad Energy's vice president of shale research.