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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil News: 2024 Supply Surge and Weak Demand Set the Stage for Lower Prices
05:37am, Wednesday, 16'th Oct 2024
Oil traders brace for bearish 2024 outlook as supply is set to outpace demand, with prices pressured by weak Chinese consumption and geopolitical risks.
If oil production starts rising, there could be an oversupply in 2025: S&P Global
04:13am, Wednesday, 16'th Oct 2024
Herman Wang, managing editor of OPEC and Middle East news at S&P Global, says oil supply growth will outpace demand growth in 2025.
Natural Gas and Oil Forecast: Will Brent Crude Break Above $75 or Test New Lows?
02:03am, Wednesday, 16'th Oct 2024
Will brent crude hold $75? As oil prices consolidate, technical analysis suggests a breakout or steep decline could be imminent in the energy markets.
Oil steadies after sharp falls as Middle East uncertainty persists
09:45pm, Tuesday, 15'th Oct 2024
Oil rose in early Asian trade on Wednesday on continued uncertainty over conflict in the Middle East, after falling as much as $5 this week to the lowest levels since early October on demand concerns.
Oil Rises in Likely Technical Recovery
08:52pm, Tuesday, 15'th Oct 2024
Oil rose in the early Asian session in a likely technical recovery after oil futures dropped by more than 4% overnight.
The oil stock complex was 'obliterated', says Jim Cramer
08:12pm, Tuesday, 15'th Oct 2024
'Mad Money' host Jim Cramer talks the day's market action.
Crude Oil Price Forecast: Struggles Below Key Levels, Downtrend Risks Persist
04:50pm, Tuesday, 15'th Oct 2024
Crude oil struggles near key technical levels after a breakdown in a symmetrical triangle pattern, leaving uncertainty as prices hover near important support zones.
Why The Oil Market Doesn't Care About the US Election
04:13pm, Tuesday, 15'th Oct 2024
Dan Pickering, Chief Investment Officer at Pickering Energy Partners joins Bloomberg Intelligence to discuss energy sector and the industry trends. -------- Get more on The Bloomberg Intelligence Podc
Lower oil prices are good for consumers — but a bad sign for the global economy
03:22pm, Tuesday, 15'th Oct 2024
A significant drop in oil prices may offer consumers reason to celebrate, but it also hints at an economic slowdown in China, the world's second largest economy.
Market Navigator: Trading the crude oil sell-off into gold
03:10pm, Tuesday, 15'th Oct 2024
Phillip Streible, Blue Line Futures chief market strategist, joins 'Power Lunch' to discuss how to trade the crude oil sell-off into gold.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Middle East Tensions Ease
02:31pm, Tuesday, 15'th Oct 2024
Recent reports indicate that Israel will not strike Iran's oil infrastructure.
China will exaggerate economic data & oil demand will continue to lag, says AEI's Derek Scissors
01:59pm, Tuesday, 15'th Oct 2024
Derek Scissors, senior fellow at American Enterprise Institute, joins CNBC's 'The Exchange' to discuss China's slowing oil demand, where global oil markets stand, and more.
Israel's response to Iran and impact on oil remains in question, says RBC's Helima Croft
01:58pm, Tuesday, 15'th Oct 2024
Helima Croft, RBC Capital Markets global head of commodity strategy, and John Kilduff, Again Capital founding partner, join CNBC's 'The Exchange' to discuss outlooks on oil as prices fall 5%, expectat
New technologies like EVs are impacting oil demand growth, IEA's Bosoni says
11:04am, Tuesday, 15'th Oct 2024
Toril Bosoni, head of the oil industry and markets division at IEA, discusses the organization's latest oil market report.
Crude Oil Demand Cools, China "Underdelivering"
09:53am, Tuesday, 15'th Oct 2024
@CharlesSchwab 's Jeffrey Kleintop says the "opposite to a silver lining" on crude oil prices falling is the soft demand, suggesting a lackluster global economy. He adds China's stimulus is underdeliv
