$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices jump nearly 3% on Libya production halt, Israel-Hezbollah attacks
08:29am, Monday, 26'th Aug 2024
One of Libya's rival governments announced oil production would shut down amid a dispute over who should lead the country's central bank. Israel and Hezbollah traded a major wave of strikes on Sunday.
Oil prices climb more than 2% amid escalating Middle East tensions
08:28am, Monday, 26'th Aug 2024
Oil prices were surging on Monday morning as the escalating conflict between Israel and Hezbollah over the weekend has heightened worries that the war in Gaza could disrupt regional oil supplies.
Oil News: Crude Prices Surge as Mideast Tensions and Fed Rate Cut Hopes Drive Demand
06:08am, Monday, 26'th Aug 2024
Oil prices surge over 1% on Mideast tensions and U.S. rate cut hopes. Geopolitical risks add a premium, fueling market bullishness.
Oil Prices Rise as Middle East Fears Heighten
05:02am, Monday, 26'th Aug 2024
After missile attacks over the weekend, there are concerns of a wider conflict in the region.
Oil market has not priced in any geopolitical risk premium: Expert
02:15am, Monday, 26'th Aug 2024
Vandana Hari from Vanda Insights talks about the tensions in the Middle East region and also emphasizes that the U.S. economic outlook is at the center stage of global oil demand.
Natural Gas and Oil Forecast: WTI's Fate Hinges on $75.40—Can It Overcome Bearish Pressure?
01:17am, Monday, 26'th Aug 2024
Oil prices climb on Middle East conflict fears; WTI tests $75.40 resistance, natural gas turns bearish. Discover the latest price forecasts.
Oil prices set to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
10:58pm, Sunday, 25'th Aug 2024
"Israel's response may include an attack on Iran's oil supply and related infrastructure, which would put at risk 3 - 4% of global oil supply," said Vivek Dhar, mining and energy commodities strategis
Oil climbs on Mideast escalation fears, US rate cut expectations
07:29pm, Sunday, 25'th Aug 2024
Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional oil supplies, while imminent U.S. interest rate cuts lifte
Oil News: OPEC+ Decision Could Reshape Crude Outlook; Analysts Predict Volatility
02:07am, Saturday, 24'th Aug 2024
Crude oil faces bearish outlook amid China's weakening demand and OPEC+'s uncertain production decisions. Watch for policy shifts.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Prepare For Rate Cuts
02:31pm, Friday, 23'rd Aug 2024
Weak U.S. dollar provided additional support to oil markets in today's trading session.
Gold's Rise versus Oil Is a Warning
01:40pm, Friday, 23'rd Aug 2024
Gold and oil are usually considered in isolation, but the interplay between the pair offers a useful insight into the global macro picture. Bloomberg Intelligence Senior Commodity Strategist Mike Mc
Crude Oil Weekly Price Forecast – Crude Oil Continues to See Volatility
01:14pm, Friday, 23'rd Aug 2024
The past week in the crude oil markets have been a bit of a mess, as the markets are trying to see some kind of move in one direction or the other. The market is sideways and has been for some time.
Crude Oil Price Forecast – Crude Oil Continues to See Support at Lows
12:32pm, Friday, 23'rd Aug 2024
The crude oil markets continue to recover, and at this point in time are probably going to be watching central bank statements more than anything else. With this, the market looks like it is going to
U.S. crude oil rises above $74 per barrel but is on pace for weekly loss
08:31am, Friday, 23'rd Aug 2024
U.S. crude is down 2.9% for the week, while Brent is down 1.4%. Concern about the strength of global demand for oil continues to overshadow geopolitical risk.
Oil prices extend bounce but remain on track for weekly losses on demand worries
07:57am, Friday, 23'rd Aug 2024
‘Increasingly likely' OPEC+ will ditch plans to begin increasing supply in October due to price weakness: ING
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