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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Why oil demand may outpace supply, despite best efforts from OPEC+
07:00am, Tuesday, 01'st Jul 2025
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straig
Oil News: Crude Oil Futures Steady at 200-Day Average, OPEC+ Move Looms
06:21am, Tuesday, 01'st Jul 2025
Crude oil futures steady near the 200-day average as traders watch OPEC+ output plans and Saudi OSPs. Key levels could drive the next oil price move.
Natural Gas and Oil Forecast: Downside Risks Loom as OPEC+ Output Hike Nears
01:55am, Tuesday, 01'st Jul 2025
Oil and gas face pressure as OPEC+ plans 411K bpd output hike in August. Bearish technicals and tariff fears raise downside risks for WTI and Brent.
Saudi Arabia may raise August oil prices to Asia to 4-month high
11:50pm, Monday, 30'th Jun 2025
Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in four months, after spot prices surged during the Iran-Israel conflict and on
Oil and Natural Gas Technical Analysis: Downside Risks Loom as Consolidation Continues
10:51pm, Monday, 30'th Jun 2025
WTI and Brent crude oil are consolidating after dropping from their respective resistance levels and appear poised for further declines, while natural gas shows a consolidation pattern above $3
Oil edges down on expectations of more OPEC+ supply, tariff fears
08:41pm, Monday, 30'th Jun 2025
Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown driven by prospects of higher U.S. tariffs.
Morgan Stanley sees Brent at $60/bbl by early next year
06:00pm, Monday, 30'th Jun 2025
Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied and geopolitical risk abating following the Israel-Iran de-escalation, Morgan Stanley s
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On OPEC+ Production Plans
02:19pm, Monday, 30'th Jun 2025
The group is expected to boost production by 411,000 bpd in August.
Crude Oil Price Outlook – Crude Oil Continues to Look Stable
10:06am, Monday, 30'th Jun 2025
The crude oil market continues to be somewhat stabile in the early part of Monday, as we are taking a breath after the massive move that we have seen over the last few weeks. With the situation betwee
Oil News: OPEC Output Plans in Focus as 200-Day Sets Tone for Oil Demand
05:19am, Monday, 30'th Jun 2025
Crude oil holds above the 200-day average as traders eye OPEC production, demand concerns, and geopolitical shifts for the next oil prices forecast.
Macquarie: Oil markets are pricing in 'too little risk premium'
03:42am, Monday, 30'th Jun 2025
Marcus Garvey of Macquarie Group says it's possible that oil can hit $200 if there is a blockade in the Strait of Hormuz, and there are no viable alternative oil routes to the strait. He says the mark
Natural Gas and Oil Forecast: Will OPEC+ Output Hike Break the $65 Floor?
01:45am, Monday, 30'th Jun 2025
OPEC+ eyes a 411k bpd output hike in August—can WTI hold above $65 as demand weakens and triangle support faces pressure?
Oil falls on prospect of more OPEC+ supply, easing risks in Mideast
08:41pm, Sunday, 29'th Jun 2025
Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted the supply outlook.
Oil News: Will OPEC Production Surge Keep Crude Oil Prices Under Pressure?
02:38am, Sunday, 29'th Jun 2025
Bearish oil outlook ahead as OPEC+ output jumps, demand growth slows, and geopolitical premiums fade, keeping crude oil futures under sustained pressure.
Oil News: Can Crude Oil Hold 200-Day MA Despite OPEC Production Surge?
01:32pm, Saturday, 28'th Jun 2025
Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday bounce suggests oversold conditions.
