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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices decline, analysts fear demand destruction
02:34pm, Thursday, 05'th Oct 2023
Oil prices continue their decline this week with JPMorgan analysts noting deepening demand destruction fears. Yahoo Finance Markets Reporter Ines Ferre examines recent analyst comments on crude oil de
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Demand Worries
01:46pm, Thursday, 05'th Oct 2023
Traders fear that high interest rates will put too much pressure on the economy and reduce demand for oil.
Here's why Goldman Sachs expects oil prices to reach $100 a barrel by next spring
12:23pm, Thursday, 05'th Oct 2023
Daan Struyven, head of oil research at Goldman Sachs, joins 'Squawk on the Street' to discuss what will push oil prices above $100 a barrel, which country's production could help prices if any, and wh
Saudi pushed the oil price too high, says Sankey Research president
10:55am, Thursday, 05'th Oct 2023
Paul Sankey, president at Sankey Research, joins 'Squawk on the Street' to discuss his take on what Wednesday's oil price action tells investors, whether OPEC will respond again, and more.
Crude Oil Price Forecast – Crude Oil Markets Showing Signs of Stability
10:18am, Thursday, 05'th Oct 2023
Crude oil markets bounced a bit during the trading session on Thursday, as the oversold condition continues to attract value hunters.
Oil prices drop further as the global demand outlook turns murky
09:36am, Thursday, 05'th Oct 2023
Oil prices fell again on Thursday, following Wednesday's drop of as much as 6%. The sharp drop Wednesday followed weekly data from the Energy Department that indicated lower demand for gasoline.
Oil Futures Slump Further On Uncertain Global Demand Outlook
08:33am, Thursday, 05'th Oct 2023
Crude oil benchmarks fall further as uncertainty over global demand and a stronger dollar counter pricing upside potential of Saudi-Russian output cuts.
Oil prices extend decline after demand worries spark sharp pullback
07:04am, Thursday, 05'th Oct 2023
Oil futures traded lower early Thursday, after a large increase in U.S. gasoline inventories sparked the largest one-day selloff of 2023 and sent crude to its lowest close in more than a month.
Oil Prices Forecast: Inventory Builds and OPEC Decision Fuel Market Uncertainty
01:42am, Thursday, 05'th Oct 2023
OPEC's decision to maintain production cuts stirs mixed sentiments in oil markets, as WTI and Brent traders navigate economic uncertainties.
Oil prices tick up after OPEC+ panel maintains output cuts
08:45pm, Wednesday, 04'th Oct 2023
Oil prices inched up in early trade on Thursday, clawing back some of the previous session's big losses after an OPEC+ panel maintained oil output cuts to keep supply tight amid concern about a loomin
Oil Falls Most in a Year Amid Demand Outlook Concerns
06:53pm, Wednesday, 04'th Oct 2023
Oil trading higher after plunging the most in more than a year in New York trading. West Texas Intermediate slumped 5.6% to settle below $85 a barrel.
Oil prices fall as OPEC+ maintains production cuts
05:04pm, Wednesday, 04'th Oct 2023
OPEC+ is holding steady on its strategy to reduce oil production. In turn, crude oil prices have fallen below $90, their lowest level in over a month.
Oil prices drop 6% as worries mount over demand destruction
03:29pm, Wednesday, 04'th Oct 2023
Oil prices fell 6% on Wednesday as worries grow about lower demand and a slowing economy. Reports surfaced that Russia might end its ban on diesel exports, and oil inventories rose in some areas.
U.S. oil futures mark lowest settlement since the end of August
02:58pm, Wednesday, 04'th Oct 2023
Oil futures fell sharply on Wednesday, with U.S. prices settling at their lowest since the end of August. “The current state of the oil market is that global economic pain is coming courtesy of surg
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5.7% As Demand For Gasoline Is Weak
01:59pm, Wednesday, 04'th Oct 2023
The EIA report showed that gasoline inventories increased by 6.5 million barrels from the previous week.
