$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil News: Bearish Oil Outlook Emerges as EIA Cuts Demand and Price Forecasts
07:33am, Wednesday, 09'th Oct 2024
Crude oil futures dip as U.S. inventories surge 11M barrels, overshadowing Middle East risks and testing key $73.28 support level.
Israel-Iran Tension Puts Oil Market Risk at Highest Since 1970s: Analyst Says
07:27am, Wednesday, 09'th Oct 2024
Global oil supplies face the highest risk in decades amid conflicts involving key producers Iran and Russia, said veteran commodities analyst Jeff Currie. If Israel strikes Iranian oil facilities it c
Natural Gas and Oil Forecast: EIA Cuts Demand Outlook Amid Weak Industrial Growth
02:22am, Wednesday, 09'th Oct 2024
EIA lowers 2024 oil demand forecast due to weak U.S. and China growth. Geopolitical tensions and price volatility remain key concerns for energy markets.
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
10:55pm, Tuesday, 08'th Oct 2024
Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals.
Oil Edges Higher as Markets Weigh Supply and Demand Worries
08:52pm, Tuesday, 08'th Oct 2024
Oil edged higher in early Asian trade, as markets weigh supply and demand side concerns.
Tech, Nvidia lead stocks higher as oil prices retreat, China rally stalls
06:37pm, Tuesday, 08'th Oct 2024
To get the latest market news check out finance.yahoo.com US stocks closed higher across the board on Tuesday as investors welcomed a rebound in tech and a pullback in surging oil prices, putting the
Oil Prices Drop Over 4.6% as Middle East Tensions Ease
03:30pm, Tuesday, 08'th Oct 2024
International crude oil futures prices fell more than 4.6% as geopolitical tensions in the Middle East showed no signs of actual oil supply disruptions. West Texas Intermediate (WTI, Financial) crude
Despite Recent Rally, Oil Markets Stay Bearish
03:02pm, Tuesday, 08'th Oct 2024
Strong economic data from China is required for sustainable upside in the oil markets.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5% As Traders Focus On Potential Ceasefire In Lebanon
02:33pm, Tuesday, 08'th Oct 2024
The conflict in the Middle East did not lead to supply disruptions.
Dow Jones Suffers Worst Day Since September Amid Rising Oil Prices and Geopolitical Tensions
01:04pm, Tuesday, 08'th Oct 2024
On Monday, the Dow Jones Industrial Average (DJIA) fell 0.94%, shedding 398 points and marking its worst day since September 5. This decline was fueled by escalating geopolitical tensions, which pushe
Crude Oil Falls Over 4%; US Trade Deficit Narrows In August
12:16pm, Tuesday, 08'th Oct 2024
U.S. stocks traded higher midway through trading, with the Nasdaq Composite gaining around 200 points on Tuesday.
The U.S. Has Been Through Oil Shocks Before. An Iran Conflict Would Be Different.
11:43am, Tuesday, 08'th Oct 2024
The U.S. economy is much less vulnerable to an oil shock than it was in the 1970s, Desmond Lachman writes in a guest commentary.
Crude Oil Price Forecast – Crude Continues to See Support
10:49am, Tuesday, 08'th Oct 2024
The crude oil markets that I follow both look supported at this moment, as the markets are focused on multiple things at once, but they also look a little bit overdone at the moment.
Oil May Spike $10-$15 if Israel Hits Iran Fields: Pierre Andurand
10:37am, Tuesday, 08'th Oct 2024
Pierre Andurand, chief investment officer at Andurand Capital Management, says, “the short-term risk is for higher prices because inventories are low,” as he sees a potential surge in oil if Israe
Nasdaq 100 and S&P 500: Tech Stocks Lead Today's Rebound Amid Volatile Oil Prices
10:10am, Tuesday, 08'th Oct 2024
Tech stocks lead market recovery after Monday's dip, while oil prices fall. Find out how rising bond yields and geopolitical risks impact US indices today.
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