NYSE:BNO

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$51.89
+0.690 (+1.35%)
At Close: Jun 08, 2026
WTI rebounds above $63.06 on short-covering, but oil outlook stays bearish as recession fears and Iran talks weigh on crude oil demand.
Chevron and other oil companies are cutting thousands of positions, while offshoring more white-collar jobs to the country.
The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on cheaper oil from Russia, the top oil supplier to New Delhi for the third straight
WTI crude holds near $62.87 as traders await a breakout. Supply risks ease, but tariff fears and Fed uncertainty keep energy markets on edge.
WTI and Brent crude oil consolidated after a sharp drop in March 2025, while natural gas approached the key level of $3.
Oil prices climbed in early trade on Tuesday as investors took advantage of the previous day's losses to cover short positions, although concerns persisted over economic headwinds from tariffs and U.S

Oil Rises on Possible Technical Recovery

08:36pm, Monday, 21'st Apr 2025
Oil rose in the early Asian session on a possible technical recovery after prices fell markedly overnight.
Oil traders rushed to take some profits off the table after the recent rally.
The oil markets have been a bit negative in the early hours of Monday, as the markets continue to watch the global economy and the potential tariff wars very closely. Ultimately, this is a market that
Oil companies wrestling with huge amounts of wastewater have bold plans to turn the nuisance into a valuable product.
Dan Yergin, S&P Global vice chairman, joins 'Squawk Box' to discuss the state of the oil market, what to make of the recent volatility, market outlook, and more.
Oil futures fall over 2% on Iran nuclear deal progress and OPEC+ output plans, pressuring crude oil prices and dimming near-term demand outlook.
Mukesh Sahdev, Senior Vice-President & Global Head, Commodity Markets from Rystad Energy breaks down factors shaping the current oil market drivers, and potential impacts from ongoing US-Iran negotiat
WTI drops below $63.50 as Iran-U.S. nuclear talks ease supply concerns, shifting oil sentiment. Natural gas holds under resistance amid weak momentum.
Oil fell in the early Asian session after Iran said that talks with the U.S. would continue after a ‘positive' meeting, which could potentially lead to an easing of sanctions on the oil-producing Mi
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