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$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
Occidental Petroleum beats quarterly profit estimates on higher oil prices
04:33pm, Tuesday, 07'th May 2024
Occidental Petroleum beat estimates for first-quarter profit on Tuesday as the oil-and-gas firm benefited from higher oil prices.
EIA cuts world oil demand forecast for 2024, hikes output expectations
03:25pm, Tuesday, 07'th May 2024
World oil demand is expected to grow lesser this year than earlier estimates and output should grow faster than thought previously, resulting in a more balanced market, the U.S. Energy Information Adm
Bonds are getting a boost from oil's dip below $80 a barrel
03:19pm, Tuesday, 07'th May 2024
Higher crude prices can put upward pressure on prices for consumers at the gas pump, including during the peak summer-driving season that kicks off on Memorial Day weekend.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat As Traders Ignore Middle East Tensions
02:27pm, Tuesday, 07'th May 2024
Israel started its operation against Hamas in Rafah, but oil markets were calm.
Oil falls as course of Gaza war remains uncertain, while cease-fire talks hang in the balance
08:44am, Tuesday, 07'th May 2024
Israel rejected the cease-fire accepted by Hamas but has sent a delegation to Egypt to continue talks.
Oil prices edge lower after Russia signals OPEC+ production rise possible
06:55am, Tuesday, 07'th May 2024
Oil futures edged lower early Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to raise crude production.
Crude Oil News Today: Traders Rattled by Ongoing Middle East Tensions
06:48am, Tuesday, 07'th May 2024
The crude oil market is poised for continued volatility, influenced largely by the fluid situation in the Middle East.
Clean energy ETFs start to outperform key oil & gas ETF: Maguire
02:55am, Tuesday, 07'th May 2024
After a rough couple of years, exchange-traded funds (ETFs) tied to clean energy generation and distribution are starting to outperform investor vehicles centred on oil and gas exploration and product
Iran's capacity to move oil reliant on Malaysian providers, US official says
02:51am, Tuesday, 07'th May 2024
The United States sees Iran's capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region, the U.S. Treasury Departm
BP misses expectations as profits slip on weaker oil and gas prices
02:24am, Tuesday, 07'th May 2024
BP on Tuesday reported a fall in first-quarter profit, with results coming in below analyst expectations amid a "significantly weaker" margin in fuels.
Natural Gas and Oil Forecast: Prices Recover; Will the Uptrend Continue Today?
01:50am, Tuesday, 07'th May 2024
As oil and natural gas prices show signs of rebounding, investors eagerly await to see if the upward trend will persist through today.
PetroVietnam announces new oil discoveries with initial reserves of 100.5 mln barrels
01:22am, Tuesday, 07'th May 2024
Affiliates of Vietnam's state oil firm PetroVietnam have made two new oil findings with combined initial reserves of 100.5 million barrels of crude oil, its exploration and production arm PVEP said on
Oil edges up after Israel strikes Gaza, while truce talks continue
08:40pm, Monday, 06'th May 2024
Oil prices ticked up early on Tuesday after Israel struck Rafah in Gaza while negotiations for a ceasefire with Hamas continued without resolution.
US has sufficient oil supply reserve to address any supply concerns, Biden adviser says
05:53pm, Monday, 06'th May 2024
The U.S. has sufficient supply of oil in the Strategic Petroleum Reserve to address any supply concerns and is monitoring markets on how to use it, Amos Hochstein, President Joe Biden's energy adviser
Why a potential Israeli invasion of Rafah matters to the oil market
02:29pm, Monday, 06'th May 2024
Oil traders last week unwound part of the risk premium that has been built into prices since the start of the year, but there's growing concern that an Israeli invasion of Rafah in Gaza is all but cer
