Energy futures are also being pressured by release of delayed employment data from the Bureau of Labor Statistics that showed the U.S. unemployment rate rose to its highest level in four years. The numbers are raising concerns about the strength of the U.S. economy and energy demand in coming months.

Crude oil rebounds as Venezuela’s tanker blockade and a sharp U.S. inventory draw lift prices, shaping a cautious bullish oil outlook for traders.

Crude oil remains in a long-term bearish trend, weighing on oil-related assets and limiting upside for leveraged ETFs like Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF. GUSH and Direxion Daily S&P Oil & Gas Exp. & Prod. Bear 2X Shares ETF ...

Asian and European stocks fell on Thursday, and oil futures rose, on a report that suggested a U.S. military strike against Iran could happen this weekend. Bloomberg News said that some senior U.S. officials were preparing for a possible weekend strike.

Crude oil falls below key Fibonacci levels as Ukraine tensions, tanker seizures, and IEA demand outlook shifts pressure the market toward a bearish short-term view.

Crude oil futures traded higher on Tuesday morning as markets analysed the impact of Ukrainian attacks on Russian energy infrastructure over the weekend and US President Donald Trump’s threat to close airspace over Venezuela.

Oil futures posted back-to-back losses with the market focused on efforts to end the Russia-Ukraine war, which if successful could affect supply-demand balances that are already seen loosening in the coming year.

The Intercontinental Exchange (ICE) has revealed plans to extend trading hours for its European gas and power futures to match the 22-hour trading cycles of the United States’ Henry Hub and JKM (Japan