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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices edge lower as traders await U.S. stockpiles data, Libya supply risks still linger
08:39am, Wednesday, 28'th Aug 2024
Oil prices were edging lower on Wednesday morning, following a sharp pullback that halted a recent three-day rally ahead of the release of weekly U.S. inventories data.
Libya's power divisions could once more fracture its oil output – as markets question for how long
07:58am, Wednesday, 28'th Aug 2024
A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector. But the frequency of its power tussles and crude disruptions have left long-term oil price su
U.S. crude oil falls nearly 2%, selloff gains speed as market dismisses Libya disruption
07:51am, Wednesday, 28'th Aug 2024
Oil prices are falling for the second day in a row as the market selloff continues. Traders have largely dismissed the threat of supply disruptions in Libya, which triggered a rally earlier in the wee
$82 is an "appropriate ceiling" for oil prices: JTD Energy Services
05:30am, Wednesday, 28'th Aug 2024
John Driscoll, chief strategist at JTD Energy Services explains why he believes geopolitics is not changing oil market fundamentals.
Oil News: Crude Prices Slip as Demand Concerns Outweigh Supply Risks
05:24am, Wednesday, 28'th Aug 2024
Crude oil prices dip as global demand concerns outweigh potential supply disruptions in Libya and the Middle East, signaling a bearish outlook.
Natural Gas and Oil Forecast: WTI and Brent at Crucial Fibonacci Levels—What's Next?
02:04am, Wednesday, 28'th Aug 2024
WTI at $75.51 and Brent at $79.53 hit key Fibonacci levels. Can these prices hold, or will a break trigger further downside?
Energy Sector and Stocks Disconnected From Oil Prices
11:12pm, Tuesday, 27'th Aug 2024
While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline in commodity pric
Oil rebounds as geopolitics, demand concerns whipsaw investors
10:18pm, Tuesday, 27'th Aug 2024
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the Mi
Crude Oil Price Forecast: Breakout Above 200-Day MA Likely
04:55pm, Tuesday, 27'th Aug 2024
Crude oil consolidates between key moving averages, with potential for a bullish breakout targeting $81.96, though risks of a deeper pullback remain.
Wall Street lowers oil price forecasts
03:11pm, Tuesday, 27'th Aug 2024
Goldman Sachs and Morgan Stanley are lowering their price forecasts on crude oil (BZ=F, CL=F) as OPEC+ plans to increase its production output this October and conflicts escalate in the Middle East be
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Profit-Taking
02:19pm, Tuesday, 27'th Aug 2024
Oil traders take some profits off the table after the strong rebound from recent lows.
Crude Oil's Quiet Volatility
12:54pm, Tuesday, 27'th Aug 2024
"Low volatility in crude oil doesn't last forever," according to Carley Garner. She says the markets have found a recent equilibrium, but that even the quiet periods in volatility can spike quickly.
Worldwide Oil Market Changes Affecting U.S.
10:27am, Tuesday, 27'th Aug 2024
Geopolitical tensions, Libya limiting oil exports, and China's weakening domestic demand all caused crude oil (/CL) prices to fluctuate. Matt Smith, Lead Oil Analyst of Americas at Kpler, talks about
Crude Oil Price Forecast – Crude Oil Continues to Look Supported
09:37am, Tuesday, 27'th Aug 2024
Crude oil markets continue to see a lot of noisy trading as the oil market are going to continue to see a lot of questions asked of it. Also, the market will be looking at geopolitical issues, as well
U.S. policy has been designed to keep foreign oil on the market, says RBC's Helima Croft
09:28am, Tuesday, 27'th Aug 2024
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the oil markets, impact of the MIddle East tensions on oil prices, and more.
