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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Global oil demand needs to rise faster to absorb OPEC+ hike
02:03am, Friday, 09'th Aug 2024
Global oil demand growth needs to accelerate in coming months or the market will struggle to absorb an increase in oil supply that OPEC+ is planning to make from October, according to data, analysts a
Oil set for 3% weekly gain on rising Mideast tensions, better US outlook
09:10pm, Thursday, 08'th Aug 2024
Oil prices edged down in early Asian trading on Friday but were on track to gain more than 3% for the week as U.S. jobs data calmed demand concerns and fears of a widening Middle East conflict persist
Crude Oil Price Forecast: Shows Strength as it Heads Towards Top of Triangle
05:10pm, Thursday, 08'th Aug 2024
Crude oil completes a 38.2% Fibonacci retracement at 76.99, signaling potential for a bullish breakout as it targets the top of a symmetrical triangle.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On Geopolitical Tensions
02:27pm, Thursday, 08'th Aug 2024
Oil prices continue to rebound after the recent sell-off.
Gold, Silver, Platinum Forecasts – Gold Gains 1.6% Amid Rising Demand For Commodities
01:35pm, Thursday, 08'th Aug 2024
Precious metals rally as markets have calmed down after the recent panic.
Crude Oil Price Forecast – Crude Oil Continues to See Volatility
09:53am, Thursday, 08'th Aug 2024
The oil markets continue to see a lot of noisy behavior, as traders are trying to sort out whether or not they will remain content with lower prices. This is a market that I also believe will be looki
Oil prices steady after two days of gains as market waits for expected Iran strike against Israel
08:14am, Thursday, 08'th Aug 2024
West Texas Intermediate has bounced back after crude inventories fell for the sixth week in a row. The oil market is now waiting to see whether Iran will follow through on its threat to strike Israel.
Oil prices edge lower after back-to-back gains
07:01am, Thursday, 08'th Aug 2024
Oil futures were off slightly early Thursday, consolidating after back-to-back gains as investors kept an eye on Middle East tensions and monitored developments in global financial markets as August g
Oil News: Geopolitical Risks, Inventory Drop Impacting Oil Outlook
06:38am, Thursday, 08'th Aug 2024
Light crude oil prices hold steady to lower after gains, with Middle East tensions and falling U.S. crude inventories influencing the market.
Oil Market Approaches Critical Level Amid Geopolitical Tensions
05:31am, Thursday, 08'th Aug 2024
Brent crude oil has approached a critical level and is poised for a rebound or a breakout.
Natural Gas and Oil Forecast: WTI Surges Past $75 – More Gains or Sell Now?
01:30am, Thursday, 08'th Aug 2024
WTI crude oil has surged past $75, sparking debate among traders: is this the start of a rally or a sell signal?
Oil prices tick up on sharp fall in US crude inventories
08:50pm, Wednesday, 07'th Aug 2024
Oil prices edged higher on Thursday for the third straight session after government data showed a steep draw in U.S. crude stockpiles, rebounding from multi-month lows touched this week.
Tough Time Ahead for Oil ETFs?
04:00pm, Wednesday, 07'th Aug 2024
Oil futures may seesaw in the coming days thanks to recession fears in the United States despite the ongoing tensions in the Middle East, a key oil-producing region.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rallies 3% As Traders Shrug Off Recession Worries
01:53pm, Wednesday, 07'th Aug 2024
Oil markets enjoyed strong support as investors' risk appetite increased.
Crude Oil Price Forecast – Crude Oil Continues to Build a Basing Pattern
11:41am, Wednesday, 07'th Aug 2024
The oil markets have been very noisy over the past few sessions, but at this point in time, it is likely that we will continue to see even more volatility, as the global growth situation is still very
