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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices jump 3% after Hamas attack on Israel
06:39pm, Sunday, 08'th Oct 2023
Oil futures opened with strong gains late Sunday as traders reacted to an attack by Hamas on Israel, raising Middle East tensions and stoking worries about the outlook for crude supply.
Saudi Arabia, other Arab states reaffirm commitment to voluntary oil production adjustments
02:54pm, Sunday, 08'th Oct 2023
Bahrain, Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates reaffirmed their commitment to "collective and individual voluntary adjustments" to oil production, the Saudi state news agency s
Oil Prices Forecast: WTI, Brent Traders Jittery Amid Escalating Mideast Conflict
04:09pm, Saturday, 07'th Oct 2023
Global reactions to Middle East tensions, alongside OPEC+ production stance and U.S. gasoline demand, lay the path for next week's crude oil prices.
Why Oil Prices Soared---and Why They Are Sinking Now
03:29pm, Friday, 06'th Oct 2023
Seven charts that explain oil's big price moves
U.S. oil futures edge higher for the session, fall nearly 9% for the week
03:00pm, Friday, 06'th Oct 2023
Oil futures climbed on Friday, with U.S. prices up modestly but posting an 8.8% loss for the week, according to Dow Jones Market Data. The negative reaction in oil to a weekly increase in gasoline inv
Oil futures headed for biggest weekly drop since March
02:26pm, Friday, 06'th Oct 2023
Oil futures are volatile amid supply issues with a sell-off this week that has investors claiming it's an overcorrection. In related news, a Wall Street Journal report details ExxonMobil (XOM) closing
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds After Strong Sell-Off
01:02pm, Friday, 06'th Oct 2023
The strong Non Farm Payrolls report provided some support to oil markets.
Crude Oil Price Forecast – Crude Oil Markets Stabilize
12:15pm, Friday, 06'th Oct 2023
Crude oil markets have stabilized a bit during the trading session on Friday, as it looks like the selling pressure is possibly going to take a bit of a breather.
Energy sector divides analysts ahead of earnings season
08:51am, Friday, 06'th Oct 2023
Energy is a sector where the outlook sees investment banking strategists differ wildly. In Citigroup's quarterly equity strategy update, the bank said it sees increased chances of a US soft landing s
Gold is losing its dazzle
08:13am, Friday, 06'th Oct 2023
Gold is facing tough competition this year as the preferred haven for cautious investors.
Oil prices on track for big weekly fall as focus shifts to demand fears
07:42am, Friday, 06'th Oct 2023
Oil futures traded near unchanged early Friday, but were on track for big weekly declines as investors shifted their focus away from tightening supplies after signs a surge toward $100 a barrel was de
Oil Prices Forecast: Inventory Focus Shifts Amid Rollercoaster Week for Futures
01:40am, Friday, 06'th Oct 2023
After a freefall triggered by U.S. bond market volatility, the oil market shows modest recovery, with all eyes now on the Non-Farm Payrolls report.
Oil on track for sharpest weekly decline since March
10:04pm, Thursday, 05'th Oct 2023
Oil prices were on track for their steepest weekly decline since March despite rising in early trade on Friday, on growing worries that higher-for-longer interest rates could stoke a global economic s
Demand destruction sinks oil prices as gasoline inventories send warning signal
03:13pm, Thursday, 05'th Oct 2023
The more than 6 million-barrel weekly rise in U.S. gasoline supplies reported by the Energy Information Administration wasn't just a surprise, but the strongest sign yet that prices for oil and its pr
U.S. oil futures end lower for a second straight session
03:12pm, Thursday, 05'th Oct 2023
Oil futures fell on Thursday for a second straight session, with U.S. prices marking another settlement at their lowest since late August. “OPEC+ worked hard to get oil back to $90 a barrel and they
