$51.89
+0.690 (+1.35%)
At Close: Jun 08, 2026
Oil prices mixed as rising Mideast tensions offset demand concerns
06:49pm, Sunday, 08'th Dec 2024
Oil prices were mixed in early Asia trade on Monday as concerns over weak Chinese demand were offset by rising tensions in the Middle East following the rebel overthrow of Syrian President Bashar al-A
Chevron: Oil Prices Break Below $70, But CVX Remains Undervalued
11:33am, Sunday, 08'th Dec 2024
I maintain a buy rating on Chevron (CVX) due to its modest earnings multiple, solid free cash flow, and healthy share repurchases. Chevron's Q3 results were strong, with EPS and revenue beating foreca
The Fall Of The Assad Regime Could Unsettle The Oil Market
07:46am, Sunday, 08'th Dec 2024
The fall of the Assad regime in Syria will have no direct impact on world oil markets but could prove bullish in the short term and bearish longer term, depending on how the new political structure of
Oil News: Bearish Crude Outlook Ahead—Traders Watch for Deeper Losses
12:09pm, Saturday, 07'th Dec 2024
Bearish crude oil forecast ahead as weak demand and capped gains below $69.11 persist. Key levels to watch for traders in the coming week.
Natural Gas, WTI OIl, Brent Oil Forecasts – Oil Tests Key Support Amid Demand Worries
02:08pm, Friday, 06'th Dec 2024
The recent OPEC+ decision did not provide any support to oil markets.
Crude Oil Falls Over 1%; US Consumer Sentiment Surges In December
12:26pm, Friday, 06'th Dec 2024
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Friday.
Crude Oil Weekly Price Outlook – Crude Oil Continues to Test Lows During The Week
10:59am, Friday, 06'th Dec 2024
The crude oil markets that I follow here at FX Empire are still range bound at this time. However, it is worth noting that we are getting close to the bottom of the range, so a bounce could be possibl
Crude Oil Price Outlook – Crude Oil Continues to Trade in a Range
10:16am, Friday, 06'th Dec 2024
The crude oil markets that I follow here at FX Empire are both doing the same thing, which is to say they are testing the lower end of the range that they have been in for some time. At the end of the
Bitcoin Back Below $100K, Gold a "Non-Trade," Crude Oil's Floor
09:27am, Friday, 06'th Dec 2024
@ProsperTradingAcademy's Mike Shorr notes signs of strength in the November jobs report. He doesn't see that same strength in Gold, calling it a "non-trade.
OPEC+ oil output delay a 'reality check' as group eyes demand, U.S. outlook, Saudi energy min says
09:27am, Friday, 06'th Dec 2024
Speaking to CNBC's Dan Murphy on Friday, Saudi Energy Minister Abdulaziz bin Salman said OPEC+ had to undertake a "reality check" and reconcile supply-demand signals with market sentiment. The ministe
Oil prices on track for weekly loss after OPEC+ fails to soothe supply worries
07:50am, Friday, 06'th Dec 2024
Oil futures fell Friday and were on track for weekly losses a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned unwind of produ
Oil News: Supply Concerns Persist Despite OPEC+ Production Cuts
07:20am, Friday, 06'th Dec 2024
WTI and Brent futures decline on weak demand and rising supply. OPEC+ cut extensions to 2026 fail to offset fears of a growing surplus.
Oil market still looks oversupplied for 2025: S&P Global Commodity Insights
03:29am, Friday, 06'th Dec 2024
Herman Wang of S&P Global Commodity Insights discusses the headwinds OPEC+ is facing after the organization delayed its planned output hike again.
Natural Gas and Oil Forecast: OPEC+ Output Cuts Extended, Demand Concerns Dominate 2024 Outlook
01:51am, Friday, 06'th Dec 2024
Global oil markets face uncertainty as OPEC+ extends production cuts, citing sluggish demand and rising non-OPEC supply growth.
Oil prices dip as extended OPEC+ supply cuts highlight weak demand
08:48pm, Thursday, 05'th Dec 2024
Oil prices slipped in early Asian trading on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended deep output cuts to the end of 2026.
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