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Buy DBO
$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
Oil Price Forecast: Sluggish Chinese Demand, Global Uncertainty Weigh
01:36am, Thursday, 06'th Jul 2023
Sluggish Chinese demand, caused by slow services activity expansion, overshadow Saudi supply curb, causing WTI crude oil prices to slip.
Oil prices steady as China demand fears offset tighter supply forecasts
09:37pm, Wednesday, 05'th Jul 2023
Oil prices moved little in early Asian trade on Thursday as the prospect of tighter supply with output cuts from Saudi Arabia and Russia and a bigger-than-expected drop in U.S. crude stocks were offse
Oil Futures Rise in Wake of OPEC+ Cuts
08:48pm, Wednesday, 05'th Jul 2023
US oil prices still holding onto gains as traders weigh the impact of additional production cuts announced earlier this week by Saudi Arabia and Russia. Su Keenan reports on Bloomberg Television.
Oil futures settle higher as Saudi Arabia pledges to do what's necessary to support the market
02:57pm, Wednesday, 05'th Jul 2023
Oil futures settle higher on Wednesday, as reported comments from Saudi Arabia at an Organization of the Petroleum Exporting Countries seminar raised the potential for tighter crude supplies. Saudi En
Oil prices will need to go higher to drive inflation fears, support gold - analysts
01:38pm, Wednesday, 05'th Jul 2023
(Kitco News) - Further production cuts from Saudi Arabia and Russia are providing some momentum for oil prices, which in turn, is supporting the gold market; however, oil prices will have to go much h
Natural Gas, WTI Oil, Brent Oil – Oil Gains Ground After U.S. Holiday
01:33pm, Wednesday, 05'th Jul 2023
Traders focus on U.S. holiday demand and prepare for tomorrow's EIA crude inventories data.
Cuts in Russian, Saudi Arabian oil production not having major impact on prices
01:31pm, Wednesday, 05'th Jul 2023
Russia and Saudi Arabia announced an extension to cuts in oil production on Wednesday, but prices for crude oil dropped 1% despite the move, analysts say.
Crude Oil Price Forecast – Crude Oil Continues to Threaten 50-Day EMA
10:07am, Wednesday, 05'th Jul 2023
The crude oil market has rallied a bit during the trading session on Wednesday, as traders have returned from the Independence Day holiday in the United States.
Saudi oil cuts from April and July will impact inventories, IEF secretary general says
08:50am, Wednesday, 05'th Jul 2023
Saudi oil cuts from April and July will impact inventories, IEF Secretary General Joe McMonigle tells CNBC's Dan Murphy at the OPEC seminar in Vienna.
Oil Price Forecast: Lower as Global Economic Worries Cap Gains
02:39am, Wednesday, 05'th Jul 2023
Oil prices face downward pressure as concerns over the global economy persist, despite production cuts.
Oil prices ease as worries over global economic slowdown weigh
09:09pm, Tuesday, 04'th Jul 2023
Oil prices eased on Wednesday, paring the previous day's gain as fears over a global economic slowdown denting fuel demand outweighed expectations of tighter supply due to output cuts announced by top
Natural Gas, WTI Oil, Brent Oil – Oil Markets Gain Ground As Traders Weigh Production Cuts
02:02pm, Tuesday, 04'th Jul 2023
Oil prices are moving higher as bulls hope that Saudi Arabia and Russia would balance the market with production cuts.
Crude Oil Price Forecast – Crude Oil Continues to Stare Down the 50-Day EMA
11:02am, Tuesday, 04'th Jul 2023
The crude oil market rallied just a bit during the trading session on Tuesday, in thin electronic holiday trading.
Explainer: Why are OPEC+ supply cuts failing to boost oil prices?
10:46am, Tuesday, 04'th Jul 2023
OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies including Russia that pumps around 40% of the world's crude, has been cutting oil output since November in th
Oil Price Forecast: Impacted by Mixed Economic Data, Supply Concerns
01:30am, Tuesday, 04'th Jul 2023
Mixed economic data, supply concerns, and weak WTI crude demand create uncertainty in the near-term oil market.
