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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
OPEC trims its China crude demand forecast, but nowhere near enough: Russell
08:16pm, Monday, 14'th Oct 2024
OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer group is still massively optimistic given the reality of falling imports.
Citi Sees Possibility of $120 Oil if Supplies Are Disrupted
02:49pm, Monday, 14'th Oct 2024
Crude oil prices could jump if supplies are disrupted by conflict in the Middle East, analysts at Citi Research said.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As OPEC Cuts Demand Forecast
02:38pm, Monday, 14'th Oct 2024
OPEC reduced 2024 demand growth forecast from 2 million bpd to 1.9 million bpd.
Why Saudi Arabia may ‘open the spigot' on oil production — and crater crude prices
02:37pm, Monday, 14'th Oct 2024
The possibly that Saudi Arabia will lift the “floodgates” on its oil production has climbed in recent weeks, fueled by ”deteriorating cohesion” among a group of major oil producers known as OP
OPEC Cuts Oil Demand Outlook, Again
01:12pm, Monday, 14'th Oct 2024
Crude oil prices fell 2% Monday after the Organization of the Petroleum Exporting Countries (OPEC) reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.
People don't realize how key China's demand is to oil markets, says S&P Global's Dan Yergin
12:21pm, Monday, 14'th Oct 2024
Dan Yergin, S&P Global vice chairman, joins CNBC's 'Money Movers' to discuss outlooks on the oil markets as demand in China falls and tensions rise in the Middle East.
Crude Oil Price Forecast – Crude Oil Continues to See Noise
10:04am, Monday, 14'th Oct 2024
Crude oil continues to see a lot of noise in general, as the market continues to be focused on the global economy, and of course the geopolitical issues that always are a problem.
Borkhataria: Geopolitical tension presents upside risk for oil prices.
08:11am, Monday, 14'th Oct 2024
Biraj Borkhataria, RBC Capital, discusses the current state of the oil and gas market amid Middle East tensions. He notes a mix of factors affecting prices, including soft demand in China and potentia
Crude oil prices fall more than 2% after China finance minister disappoints on stimulus
07:56am, Monday, 14'th Oct 2024
Traders have been banking on more robust stimulus in China to boost the world's second-largest economy. The market, meanwhile, continues to monitor the Middle East in anticipation of a retaliatory str
China's Vague Stimulus Announcement Sends Oil Futures Lower By Over 2%
07:42am, Monday, 14'th Oct 2024
Lack of clarity on China's economic stimulus plans sent oil futures tumbling on Monday, as traders adopted a wait and see approach to the impact of rising tensions in the Middle East.
OPEC Further Trims Oil-Demand Outlook
07:33am, Monday, 14'th Oct 2024
The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices.
OPEC cuts 2024, 2025 global oil demand growth view again
07:28am, Monday, 14'th Oct 2024
OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group's third consecu
OPEC says Russian oil output edged further down in September
07:27am, Monday, 14'th Oct 2024
Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on Monday, citing data from secondary
Oil prices slump after China offers little detail on stimulus plans
06:46am, Monday, 14'th Oct 2024
Oil futures slumped after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to reassure investors nervous about crude demand.
Oil News: Crude Futures Fall as China Deflation Fears Spark Bearish Sentiment
05:41am, Monday, 14'th Oct 2024
Crude oil futures plunge as China's deflation worries and uncertain stimulus plans spark bearish sentiment, erasing nearly all last week's gains.
