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$51.89
+0.690 (+1.35%)
At Close: Jun 08, 2026
India is staring at an oil shock as U.S. sanctions on Russian crude loom
01:06am, Friday, 17'th Jan 2025
The U.S. recently announced sanctions on Russian oil producers, along with vessels that have been shipping barrels of Russian crude. India will be hit the hardest by the sanctions, more so than China
Oil prices climb on supply fears, Fed rate cut hopes
08:50pm, Thursday, 16'th Jan 2025
Oil prices climbed on Friday, heading for a fourth weekly gain, driven by concerns over tighter supply following U.S. sanctions on Russian oil producers and signals from a Federal Reserve official of
Oil Rises on Supply Concerns; Fed Rate Path in Focus
08:14pm, Thursday, 16'th Jan 2025
Oil rose in early Asian trade, as prices found support amid supply concerns, Naga.com said.
Trump tariffs on Canada could jeopardize oil and gas exports to U.S., says trade chief
04:39pm, Thursday, 16'th Jan 2025
Canada is ready to consider dollar-to-dollar retaliation or an export tax on Canadian oil and gas, if President-elect Donald Trump follows through with his 25% blanket tariff plans. "If you're going t
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 2.5% On Profit-Taking
01:47pm, Thursday, 16'th Jan 2025
Oil markets are losing ground as traders wait for additional positive catalysts.
Crude Oil Price Outlook – Crude Oil Continues to Build Upwards Pressure
09:48am, Thursday, 16'th Jan 2025
The crude oil market continues to see a lot of pressures, mainly to the upside at this point, despite the fact that the market looks to be struggling in the early hours of Thursday. At this point, I a
U.S. sanctions on Russia hit oil freight rates
09:34am, Thursday, 16'th Jan 2025
On Jan. 10, the U.S. Treasury announced fresh measures to deplete Russia's energy revenues, including on 183 vessels that were "largely oil tankers that are part of the shadow fleet as well as oil t
See oil price risks skew to the upside in the near-term, says Goldman Sachs' Samantha Dart
08:14am, Thursday, 16'th Jan 2025
Samantha Dart, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the energy sector, 2025 outlook, and more.
Oil prices edge lower after closing at 4-month high
07:06am, Thursday, 16'th Jan 2025
Oil futures were modestly lower early Thursday, pulling back after ending the previous session at four-month highs following data that showed a large drop in U.S. crude inventories.
Oil major BP to cut thousands of jobs in cost-cutting drive
06:12am, Thursday, 16'th Jan 2025
British oil major BP on Thursday said it is planning to cut 4,700 jobs, around 5% of its total workforce, Reuters reported, citing a company spokesperon.
Oil News: Crude Prices Hold Near Multi-Month Highs, Bullish Momentum Tested
05:51am, Thursday, 16'th Jan 2025
Light crude steadies near multi-month highs as bullish momentum tests key resistance. Inventory draws and demand growth fuel optimism for oil prices.
Natural Gas and Oil Forecast: Is OPEC+ Caution Supporting Brent's Bullish Outlook?
01:38am, Thursday, 16'th Jan 2025
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts reveal bullish and bearish trends.
Oil rises as US inventory declines heighten supply concerns
09:14pm, Wednesday, 15'th Jan 2025
Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian energy trade.
Oil and Natural Gas Technical Analysis: US Sanctions Propel Breakouts
08:54pm, Wednesday, 15'th Jan 2025
WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.
Oil Rises on Softer-Than-Expected U.S. Inflation Data
08:12pm, Wednesday, 15'th Jan 2025
Oil rose in early Asian trade. The market has made a remarkable rebound this week, primarily supported by positive surprises in U.S. inflation data, Pepperstone said.
