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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices edge lower but supply concerns over Libya, Middle East still linger
08:51am, Tuesday, 27'th Aug 2024
Oil prices were edging lower on Tuesday morning after surging more than 3% in the previous session on supply concerns triggered by escalating Middle East tensions and a potential halt in oil output an
U.S. crude oil slips below $77 per barrel after surging on Libya production halt
08:18am, Tuesday, 27'th Aug 2024
The market expects a gradual rather than a sudden disruption to oil out of Libya. Goldman expects the production halt in Libya to be short lived.
Goldman Trims Oil Outlook Below $80 on OPEC+ Risks
06:20am, Tuesday, 27'th Aug 2024
Goldman Sachs and Morgan Stanley lowered oil price forecasts as global supplies increase, including potentially from OPEC+. The two banks now foresee global benchmark Brent averaging less than $80 a b
Oil News: Crude Oil Dips After Rally, Eyes on Libya and Middle East Tensions
05:39am, Tuesday, 27'th Aug 2024
Crude oil futures dip after a 3-day rally driven by Libyan supply disruptions and escalating Middle East tensions, keeping traders alert.
Saudi Arabia's non-oil growth is proving to be 'robust,' economist says
04:00am, Tuesday, 27'th Aug 2024
Carla Slim, economist for Middle East and North Africa at Standard Chartered, says the kingdom's non-oil growth has been "robust and resilient" since the recovery from the Covid-19 pandemic.
Libya oil production cuts will have a 'major impact' on markets: Consulting firm
03:45am, Tuesday, 27'th Aug 2024
Sara Vakhshouri, founder and president of SVB Energy International, discusses oil production cuts in Libya.
Natural Gas and Oil Forecast: Will Supply Concerns Counteract China's Demand Slowdown?
02:36am, Tuesday, 27'th Aug 2024
Oil prices retreat after a 7% surge, with supply fears and weak demand from China driving volatility in natural gas and oil market forecasts.
Oil prices pause after surging on Libyan outages, Middle East tensions
10:00pm, Monday, 26'th Aug 2024
Oil prices paused their recent advances, receding in Asian trading on Tuesday after surging more than 7% in the previous three sessions on supply concerns prompted by fears of a wider Middle East conf
Crude Oil Rises Sharply; Daqo New Energy Reports Weak Q2 Results
02:40pm, Monday, 26'th Aug 2024
U.S. stocks traded mixed toward the end of trading, with the Dow Jones index gaining around 0.1% on Monday.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As East Libya Government Halts Sales
02:28pm, Monday, 26'th Aug 2024
Oil traders worry that Libya's total production would fall amid political disputes.
Libya's oil output ‘cannot be easily replaced' during reported production halt, analysts warn
01:55pm, Monday, 26'th Aug 2024
Much of the focus in the oil market has been on the Middle East for months — but on Monday, attention was turning to North Africa, with reports that Libya's eastern government had halted crude expor
These offshore oil drillers look like bargain stocks as the industry recovers
01:08pm, Monday, 26'th Aug 2024
The energy sector has been the best performer among the 11 sectors of the S&P 500 over the past three years, but investors remain wary of oil and natural-gas producers and the companies that service t
Oil prices rise on Middle East tensions
12:45pm, Monday, 26'th Aug 2024
Oil prices (CL=F, BZ=F) are rising on Monday as Middle East tensions escalate following an Israeli strike on Hezbollah in Lebanon over the weekend. Also driving prices is Libya's decision to halt oil
Dow Jones Industrial Average: Fed Rate Cuts and Oil Price Surge Fuel Market Rally
11:03am, Monday, 26'th Aug 2024
Fed rate cut bets boost Dow and S&P500 near record highs, while energy stocks soar on a 3% oil price surge. Key earnings reports could shape market trends.
Crude Oil Price Forecast – Crude Oil Continues to Rally
10:08am, Monday, 26'th Aug 2024
The crude oil market rallied quite nicely in the early hours of Monday, as the market is very strong with several different reasons for it to go higher. War threats, Libyan slowdowns, and a host of ot
