NYSE:BNO

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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Crude oil carved another lower high ($60.22) and low ($58.72) Thursday, staying inside the developing bull flag while retesting $58.24–$58.94 support.

A Fearless New Oil Market Requires a Rethink

02:37pm, Thursday, 20'th Nov 2025
China and technology are changing the traditional logic of the global oil market, Antoine Halff writes in a guest commentary.
Oil traders focus on the peace plan for Russia and Ukraine, which is developed by the U.S.
Oil saw a mild Thursday rebound as both WTI and Brent hover near key resistance zones. With persistent oversupply concerns and uncertain demand, price action remains choppy, favoring short-term range
Geopolitical tensions and a surprise 3.4M-barrel EIA draw lift sentiment as natural gas and oil forecast trends tighten inside key technical ranges.
Oil prices drop amid speculation about a peace deal and concerns over oversupply risks, while natural gas gains momentum, with bullish chart patterns signaling a potential breakout.
Oil prices edged higher on Thursday, recovering from losses in the previous session, as markets assessed the latest U.S. proposals to end the war in Ukraine and prepared for a U.S. deadline to cease o

Oil Rises on Possible Bargain Hunting

08:40pm, Wednesday, 19'th Nov 2025
Oil rose in the early Asian trade on possible bargain hunting.
Oil markets are down by 2% as traders focus on EIA data and geopolitical developments.
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Wednesday.
Crude oil inventories decreased last week by 3.4 million barrels as exports increased and refineries ran at a higher rate, said the EIA.
Crude oil slides sharply on Wednesday, trading well below $60 as both WTI and Brent struggle against persistent overhead pressure from the 50-day EMA. Markets appear focused on establishing a range ra
Crude oil holds a bullish bias as tight fuel markets and sanctions boost oil demand expectations, with the EIA report viewed as the catalyst for a 50-day MA breakout.
Oil inventories surge while geopolitical risks keep prices steady. Natural gas holds its uptrend as traders await key breakouts across WTI and Brent.
Oil prices fell on Wednesday as an industry report showing crude and fuel inventories rose last week in the U.S., the world's biggest crude consumer, reinforced mounting concerns that supply is exceed
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