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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil News: OPEC Output Hike and U.S. GDP Report Loom Over Crude Outlook
06:49am, Wednesday, 30'th Oct 2024
Crude oil prices test $67 support as traders await U.S. GDP data for fresh market direction, with OPEC+ output hike adding to bearish pressure.
Natural Gas and Oil Forecast: World Bank Predicts 6% Price Drop – A Bearish Outlook?
02:20am, Wednesday, 30'th Oct 2024
World Bank's outlook on oil and gas predicts oversupply and a 6% price drop in 2024, spotlighting key support levels amid easing geopolitical fears.
Oil Rises; Focus on OPEC, Demand Concerns
09:24pm, Tuesday, 29'th Oct 2024
Oil rose in early Asian trade in a possible technical rebound after having pulled backed this week amid easing geopolitical risks in the Middle East.
Oil prices steady on shrinking U.S. crude inventories
08:26pm, Tuesday, 29'th Oct 2024
Oil prices stabilised on Wednesday on industry data showing a surprise drop in U.S. crude and gasoline inventories, following two previous sessions of losses on the prospect of hostilities easing in t
Crude Oil Price Forecast: Faces Key Support Levels Amid Persistent Downtrend Signals
05:17pm, Tuesday, 29'th Oct 2024
Crude oil remains under pressure, testing critical support levels as sellers control the market amidst a persistent downtrend.
What the presidential election means for gold, oil, natural gas and other commodities
03:13pm, Tuesday, 29'th Oct 2024
The U.S. election outcome isn't likely to have a big impact on commodities such as energy, metals and grains in the short run, but oil and natural gas could be influenced in the years to come by who w
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Middle East
02:52pm, Tuesday, 29'th Oct 2024
Recent reports indicate that Israel may seek a diplomatic solution to its current operation in Lebanon.
Crude Oil Price Outlook – Crude Continues to Search for the Bottom
09:34am, Tuesday, 29'th Oct 2024
The crude oil market continues to look for some kind of bottom in what has been a challenging environment on Tuesday. At this point, the massive support structure under current trading should be influ
U.S. crude oil gains 1% to trade above $68 after worst day in two years
08:37am, Tuesday, 29'th Oct 2024
Oil prices are rising after selling off steeply on waning geopolitical risk in the Middle East. Traders were relived Monday after Israel's long anticipated retaliatory strikes on Iran Friday spared th
Oil prices find support after biggest one-day rout in over 2 years
07:12am, Tuesday, 29'th Oct 2024
Oil futures bounced modestly Tuesday, finding support after the Energy Department said it was seeking to buy 3 million barrels of crude to help replenish the Strategic Petroleum Reserve.
Oil News: Possible SPR Refill Calms Price Slide, Bearish Outlook Persists
05:55am, Tuesday, 29'th Oct 2024
Oil rebounds on possible U.S. SPR buy, yet weak demand and high inventories keep bearish outlook. Key price levels and election risks loom for crude traders.
The U.S. President has more influence on oil flows outside than inside of the country: Analyst
04:48am, Tuesday, 29'th Oct 2024
Jim Burkhard from S&P Global Commodity Insights discusses the impact of the upcoming US elections on oil flows.
Markets might see a weakening in oil prices, Al Mal Capital says
04:44am, Tuesday, 29'th Oct 2024
Faisal Hasan, chief investment officer and head of asset management at Al Mal Capital, says markets might see a short-term rally after the U.S. election results.
British oil giant BP posts $2.3 billion in third-quarter profit, beating expectations
03:07am, Tuesday, 29'th Oct 2024
British oil giant BP posts $2.3 billion in third-quarter profit, beating expectations
Natural Gas and Oil Forecast: Will Strategic U.S. Oil Purchases Halt Price Decline?
02:17am, Tuesday, 29'th Oct 2024
With the U.S. buying 3M barrels for reserves, oil prices see support; however, global demand fears loom large.
