$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil News: Crude Prices Tumble on Recession Worries and OPEC Production Hike
06:53am, Monday, 05'th Aug 2024
Oil prices plummet to eight-month lows amid recession fears and weak Chinese demand. OPEC+ output hikes and geopolitical tensions weigh on the market.
Oil markets 'aren't that worried' if something happens with Iran, says financial services firm
04:34am, Monday, 05'th Aug 2024
Dan Pickering, CIO of Pickering Energy Partners, says there's a "cushion" that's keeping financial traders "pretty sanguine" about prices.
UK Oil and Gas raises £1 million for hydrogen storage projects
02:55am, Monday, 05'th Aug 2024
UK Oil & Gas PLC (AIM:UKOG) has conditionally raised gross proceeds of £1 million to develop further its hydrogen gas storage projects in Dorset and Yorkshire. Priced at 0.05p, the issue was a 37% d
Natural Gas and Oil Forecast: NG Crashes Below 1.95; Is More Selling Coming?
02:30am, Monday, 05'th Aug 2024
As natural gas dips below $1.95, investors are on edge, questioning whether a deeper sell-off is imminent.
Frontier IP electrode start-up gets backing from Saudi oil giant
02:28am, Monday, 05'th Aug 2024
Frontier IP said portfolio company Frontier IP Group PLC (AIM:FIPP) has raised £1 million through the Company's first external equity funding round. Led by Aramco Ventures, a part of oil giant Saud
Oil hovers at 8-month lows as U.S. recession fears offset Mideast tensions
08:48pm, Sunday, 04'th Aug 2024
Prices were supported by persistent fighting in Gaza.
Stock Futures Drop as Oil Rises
06:32pm, Sunday, 04'th Aug 2024
On Tuesday, the New York Fed will release its quarterly report on household debt and credit, and the Bureau of Economic Analysis will report on international trade for June. On Wednesday, the Federal
Oil & gas weekly highlights: UKOG, Tower Resources, Trinity Exploration, Touchstone, Zephyr, Arrow
04:33am, Saturday, 03'rd Aug 2024Oil News: Geopolitical Wildcards vs Economic Headwinds – Oil's Next Big Move?
02:00am, Saturday, 03'rd Aug 2024
Oil prices face headwinds from China's slowing demand and global economic concerns, but Middle East tensions could spark volatility. Analysts eye key support levels.
Crude Oil Falls Sharply; Exxon Mobil Earnings Top Views
02:40pm, Friday, 02'nd Aug 2024
U.S. stocks traded lower toward the end of trading, with the S&P 500 falling more than 2% on Friday.
Crude Weekly Price Forecast – Crude Oil Continues to Look Soft
02:29pm, Friday, 02'nd Aug 2024
The crude oil markets have fallen again this week, as we continue to see a lot of concerns when it comes down to the overall global economy.
Chevron CEO on Moving to Houston, Oil Prices, Earnings
02:16pm, Friday, 02'nd Aug 2024
Chevron CEO Mike Wirth talks to Bloomberg's Alix Steel about moving the company headquarters from California to Houston, it's latest round of earnings, oil prices and the dispute with Exxon over the H
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 5% As U.S. Economy Slows Down
02:09pm, Friday, 02'nd Aug 2024
The disappointing U.S. job market data triggered a strong sell-off in the oil markets.
Crude Oil Price Forecast – Crude Oil Continues to See Pressures After Jobs Report
12:48pm, Friday, 02'nd Aug 2024
The crude oil markets continue to see a lot of downward pressure, after the Americans have released miserable jobs report, adding only 114,000 jobs in the past month, instead of the expected 175,000.
Petrobras joins the race for Namibia's Orange Basin oil
10:33am, Friday, 02'nd Aug 2024
Yet another major oil and gas player wants in on Namibia's Orange Basin: Brazil's Petrobras (NYSE:PBR). It was revealed last week that state-owned Petrobras had made a non-binding offer to purchase a
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