$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices fall as weak demand overshadows Libya blockade
10:16pm, Monday, 02'nd Sep 2024
Brent oil prices slid in Asian trade on Tuesday as concern about a sluggish economy in China bringing down demand outweighed the impact of a blockade of oil production facilities in Libya.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Libya's Exports Remain Halted
02:57pm, Monday, 02'nd Sep 2024
Oil markets are moving higher as traders focus on the political dispute in Libya.
Crude Oil Price Forecast – Crude Oil Continues to Look Stuck in a Range
10:05am, Monday, 02'nd Sep 2024
The oil markets bounced in general in thin holiday trading on Monday, but at this point in time, the markets are essentially “stuck”, as there are so many different external forces being pressed u
Oil News: Crude Prices Slide as Saudi Arabia Eyes October Price Cuts
06:37am, Monday, 02'nd Sep 2024
Oil prices fall as Saudi Arabia considers cutting October crude prices for Asia amid weak demand, while OPEC+ prepares to boost production.
Saudi Arabia may cut crude oil prices for Asia in October
05:27am, Monday, 02'nd Sep 2024
Top oil exporter Saudi Arabia is expected to cut prices for most of the crude grades it sells to Asia in October after Middle East benchmark Dubai slumped last month, industry sources said on Monday.
Natural Gas and Oil Forecast: Will Bearish Momentum Continue With Weak U.S. Demand?
02:40am, Monday, 02'nd Sep 2024
OPEC+ supply increase and sluggish U.S. demand weigh on natural gas and oil prices. Discover the key levels to watch.
Oil extends losses on prospect of higher OPEC+ supply
08:31pm, Sunday, 01'st Sep 2024
Oil prices extended losses on Monday with investors weighing higher OPEC+ production from October against a sharp drop in output from Libya amid sluggish demand in China and the U.S., the world's two
Oil News: Will Supply Disruptions in Libya and Iraq Propel Prices Higher Next Week?
02:58am, Saturday, 31'st Aug 2024
Supply cuts in Libya and Iraq may support oil prices, but demand worries and OPEC+ plans could limit gains. Read the full oil market analysis now.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Weekly Lows Amid Demand Concerns
02:46pm, Friday, 30'th Aug 2024
Oil markets are under strong pressure ahead of the weekend.
Why Libya could bolster OPEC+ plans for oil production
01:03pm, Friday, 30'th Aug 2024
Oil prices fell in August, raising uncertainty over whether major oil producers will gradually pare back voluntary crude production cuts as planned starting on Oct. 1.
Crude Oil Weekly Price Forecast – Crude Oil Continues to Consolidate
10:36am, Friday, 30'th Aug 2024
The crude oil market has been going sideways overall for the last 18 months, and despite the fact that the week was fairly negative, the reality is that nothing has changed in this market.
Crude Oil Price Forecast – Crude Oil Continues to See Pressures
10:07am, Friday, 30'th Aug 2024
The crude oil market has been rather negative in the early hours of Friday, as the markets are still trying to sort out where we are going from an economic standpoint, and therefore we are seeing this
Oil prices face pressure from slow China demand and inventory rise - Reuters poll
07:13am, Friday, 30'th Aug 2024
Analysts have lowered their 2024 oil price outlook due to weak fuel demand from leading importer China and rising inventory levels as Saudi Arabia and OPEC+ allies prepare to ease some output cuts fro
Oil News: Weekly Gains Holding as Iraq and Libya Cutbacks Tighten Oil Supply
06:33am, Friday, 30'th Aug 2024
Oil prices hold weekly gains as Libya and Iraq disrupt supply, while stronger U.S. data and weak Chinese demand create a mixed outlook for crude oil.
Natural Gas and Oil Forecast: Will China's Demand Slump Stall Oil's Bullish Momentum?
02:09am, Friday, 30'th Aug 2024
Oil's bullish momentum faces uncertainty as China's demand slump raises concerns for natural gas and oil markets. Can prices sustain their recent gains?
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