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$52.48
-1.46 (-2.71%)
At Close: Jun 04, 2026
Oil Price Forecast: Lower on Rate Hike Concerns but Unexpected Draw Underpins
02:00am, Thursday, 22'nd Jun 2023
Crude oil futures are lower as rate hike concerns arise, but an unexpected draw in API stocks provides a boost to market sentiment.
Oil steady after surprise dip in U.S. crude stocks offsets demand fears
08:47pm, Wednesday, 21'st Jun 2023
Oil prices held on to most of the previous day's gains in early trade on Thursday as markets weighed an unexpected draw in U.S. crude oil stocks against the prospect of weaker demand after the Federal
US shale's muted reply to OPEC oil cuts to limit supply, executive says
02:30pm, Wednesday, 21'st Jun 2023
Muted increases in U.S. oil production and cuts by the OPEC+ producing-nations group will limit crude supply in the months ahead, pushing up prices, an executive at U.S. shale producer EOG Resources s
U.S. oil stocks at Cushing delivery hub hit 2-year peak
02:27pm, Wednesday, 21'st Jun 2023
U.S. crude oil inventories at the Cushing, Oklahoma, storage hub have risen to their highest in two years, as outages at Midwestern refiners crimp demand and higher flows from Canada add to supply.
Natural Gas, WTI Oil, Brent Oil – Oil Markets Gain 2% As Russia's Druzhba Pipeline May Be Hit By EU Sanctions
02:18pm, Wednesday, 21'st Jun 2023
Oil supply may be cut by 250,000 bpd if the southern route of Druzhba pipeline is included in the final version of the new sanctions package.
U.S. oil refiners again expand fuel capacity after big shrink
01:41pm, Wednesday, 21'st Jun 2023
U.S. crude oil refining capacity has reversed two years of declines and climbed by more than 100,000 barrels, to 18.1 million barrels per day (bpd), according to a government report released on Wednes
Crude Oil Price Forecast – Crude Oil Markets Continue to Threaten a 50-Day EMA
10:48am, Wednesday, 21'st Jun 2023
The crude oil markets have rallied just a bit during the trading session on Wednesday but still face the 50-Day EMA above.
Oil steadies ahead of testimony by Fed's Powell
08:05am, Wednesday, 21'st Jun 2023
Oil futures steadied early Wednesday as investors awaited congressional testimony by Federal Reserve Chair Jerome Powell amid worries over tightening monetary policy by major central banks and the out
Oil Price Forecast: Investors Await Powell's Testimony, EIA Inventory Data for Insight
02:34am, Wednesday, 21'st Jun 2023
WTI oil prices bounce back as investors anticipate hawkish comments from Fed Chair Powell and a potential U.S. crude stock draw.
Oil extends declines on China growth woes, firmer dollar
08:52pm, Tuesday, 20'th Jun 2023
Oil prices weakened on Wednesday, extending falls to a third straight day, as the dollar strengthened on a U.S. housing market recovery while fears persisted that monetary stimulus may not be enough t
Oil prices slide amid potential China stimulus
06:41pm, Tuesday, 20'th Jun 2023
Yahoo Finance markets reporter Ines Ferre breaks down energy markets' risk-off sentiments as China considers proposed economic stimulus.
Natural Gas, WTI Oil, Brent Oil – WTI Oil Tests The $70 Level
02:07pm, Tuesday, 20'th Jun 2023
China's rate cuts met analyst expectations but traders wanted to see a more aggressive approach.
Crude Oil Price Forecast – Crude Oil Markets Pull Back From Moving Average
10:32am, Tuesday, 20'th Jun 2023
The crude oil markets tested the 50-Day EMA on Tuesday, only to turn around and fail again.
Oil Price Forecast: Demand Concerns Rise as China's Rate Cut Falls Short
12:59am, Tuesday, 20'th Jun 2023
China's disappointing rate cut raises oil demand worries; surging crude exports from Iran and Russia counteract OPEC+ cuts, adding to supply concerns.
Oil prices mixed ahead of China lending benchmarks decision
09:13pm, Monday, 19'th Jun 2023
Oil prices were mixed on Tuesday ahead of a decision on lending benchmarks by China, with the world's second-largest economy widely expected to cut key rates to shore up a slowing recovery.
