$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
OPEC Holds Oil-Demand Forecast Steady, Says Production Fell in January
09:11am, Wednesday, 11'th Feb 2026
Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and improving global trade.
Crude Oil Price Analysis – Oil Trying to Breakout on Wednesday
08:40am, Wednesday, 11'th Feb 2026
WTI crude oil continues to threaten a higher, based perhaps on the idea of the Americans attacking the Iranians, and the potential spillover effect. This is a market that continues to see a lot of sho
OPEC sees world demand for OPEC+ crude falling in second quarter
08:03am, Wednesday, 11'th Feb 2026
OPEC on Wednesday forecast world oil demand for crude from the wider OPEC+ producer group will drop by 400,000 barrels per day in the second quarter from the first three months of this year, a copy of
Fix energy prices to be competitive, business leaders tell EU
07:38am, Wednesday, 11'th Feb 2026
Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to be able to compete with the United States and Chi
Indonesia biodiesel pause, rising output seen limiting palm oil gains
06:16am, Wednesday, 11'th Feb 2026
Indonesia's move to pause biodiesel expansion and expectations of higher production in the coming months are likely to pressure palm oil prices, although strong demand and slowing growth in overall ou
Oil Market Faces 2 Million Barrel-per-Day Surplus, BofA's Blanch Says
06:04am, Wednesday, 11'th Feb 2026
“The market is oversupplied, inventories are rising,” Francisco Blanch, head of commodities research at Bank of America Global Research, says in Bloomberg Television interview. “We expect rough
Oil Prices Rise After Report Washington Is Considering Seizing More Rogue Tankers
05:50am, Wednesday, 11'th Feb 2026
Washington is considering seizing additional tankers involved in illegal oil trade.
Kremlin says Russia will seek clarification from US on Venezuela oil restrictions
05:19am, Wednesday, 11'th Feb 2026
Russia plans to seek clarification from the United States about new U.S. restrictions on Venezuela's oil business, the Kremlin said on Wednesday.
Oil News: Oil Demand from India Lifts Futures Amid Iran Uncertainty
05:06am, Wednesday, 11'th Feb 2026
Crude oil futures gain on Middle East tensions as nuclear talks yield no breakthrough yet. India demand offsets rising U.S. inventories; EIA data due today.
US energy secretary set to arrive in Venezuela with Herculean task of oil recovery
05:05am, Wednesday, 11'th Feb 2026
Venezuela will host U.S. Secretary of Energy Chris Wright this week, marking the highest-level U.S. visit focused on energy policy to the OPEC nation in nearly three decades as Washington conducts its
Natural Gas and Oil Forecast: WTI Holds $63.80 – Breakout or Pullback?
03:14am, Wednesday, 11'th Feb 2026
Oil prices rise on geopolitical risk and Asia demand, despite a 13.4M US inventory surge, while WTI, Brent, and natural gas test key support levels.
TotalEnergies posts 13% drop in fourth-quarter profit on lower oil, gas prices
02:04am, Wednesday, 11'th Feb 2026
French oil major TotalEnergies reported a 13% drop in fourth-quarter earnings on Wednesday, slightly missing expectations, as soaring margins on refining fuels and cash from selling stakes in renewabl
Airlines suspend Cuba flights amid jet fuel shortage after Trump tariff threats on oil shipments to island
09:01pm, Tuesday, 10'th Feb 2026
Multiple airlines halt Cuba service amid reported fuel crisis. Thousands affected as carriers scramble to arrange emergency return flights.
Oil Rises Amid Lingering U.S.-Iran Tensions
08:24pm, Tuesday, 10'th Feb 2026
Oil was up early in the Asia session amid lingering U.S.-Iran tensions that could lead to supply disruptions.
Oil holds steady as US–Iran tensions provide support
08:19pm, Tuesday, 10'th Feb 2026
Oil held steady on Wednesday, finding support as the market waited for direction while U.S.–Iran talks continued, with lingering geopolitical uncertainty helping to underpin prices.
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