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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Oil News: Futures Rally as Outlook Splits on Iran Risk and Rising Crude Inventory
10:15am, Wednesday, 14'th Jan 2026
Crude oil futures rally to $61.83 as traders bet on Iran risk, but rising U.S. inventory and returning supply challenge the bullish outlook.
Crude Oil Price Analysis – Oil Continues to Move on Geopolitics
10:07am, Wednesday, 14'th Jan 2026
Crude oil continues to rise on geopolitics, looking very overextended at the moment.
Oil Prices Hit Highest Level Since October As Trump Escalates Iran Threats
09:51am, Wednesday, 14'th Jan 2026
Iran produced 3.5 million barrels per day as of November, the third-most in the Middle East behind the United Arab Emirates (3.59 million) and Saudi Arabia (9.9 million), according to the Internationa
OPEC's First Look at 2027 Signals Steady Oil-Demand Growth
08:57am, Wednesday, 14'th Jan 2026
The cartel projects demand will rise by 1.34 million barrels a day next year, slightly below its estimate for 2026.
Rising geopolitical risks point to higher crude prices - oil analyst
08:47am, Wednesday, 14'th Jan 2026
Citi has lifted its near-term view on oil, upgrading its 0–3 month Brent forecast to US$70 a barrel as it sees rising geopolitical risk feeding a higher risk premium. With Brent around US$65/bbl, th
'BRILLIANT STRATEGY': Trump turns energy into the ULTIMATE weapon
08:45am, Wednesday, 14'th Jan 2026
U.S. Interior Secretary Doug Burgum joins ‘Mornings with Maria' to discuss President Donald Trump's energy dominance agenda, surging drilling permits, falling inflation and rising national security
Russian oil output edges down 0.7% in 2025, OPEC data shows
08:14am, Wednesday, 14'th Jan 2026
Russian oil production dipped around 0.7% last year to 9.129 million barrels per day, OPEC monthly data showed on Wednesday.
In first look at 2027, OPEC forecasts ongoing oil demand growth
08:00am, Wednesday, 14'th Jan 2026
OPEC in a report on Wednesday forecast world oil demand in 2027 would rise at a similar rate to this year and data in the study indicated a close balance between supply and demand in 2026, a copy of t
Kazakhstan urges Europe and US to help secure oil transport after CPC attack
07:13am, Wednesday, 14'th Jan 2026
Kazakhstan has urged Europe and the U.S. to help secure the transport of oil following drone attacks on tankers heading to a Black Sea terminal, the Central Asian country's foreign ministry said on We
How activist investors plan to take on Big Oil at the 2026 AGM season
07:08am, Wednesday, 14'th Jan 2026
Activist group Follow This on Wednesday announced plans to take on Big Oil at the forthcoming proxy season. The Amsterdam-based group paused filing shareholder resolutions last year due to a lack of i
Climate activist shareholder group pushes BP, Shell on plans for declining oil demand
07:04am, Wednesday, 14'th Jan 2026
Climate activist shareholder group Follow This and more than 20 other investors have filed resolutions calling on BP and Shell to disclose how they will create value if global demand for oil and gas d
Venezuelan oil exports to China set to drop as US blockade limits cargoes
04:19am, Wednesday, 14'th Jan 2026
China's oil imports from Venezuela are expected to slump starting from February as fewer tankers have managed to leave for Caracas' top crude buyer after the U.S. claimed control of the OPEC producer,
Natural Gas and Oil Forecast: Inventory Data Weighs on Oil While Gas Stabilizes Near $3.30
03:08am, Wednesday, 14'th Jan 2026
Oil prices ease as rising US inventories offset geopolitical risk, while natural gas stabilizes near $3.30 amid triangle consolidation and cautious technical signals.
BP Warns of Weak Oil Trading, Flags Up to $5 Billion Impairment in Low-Carbon Division
02:34am, Wednesday, 14'th Jan 2026
The energy company joins British peer Shell in warning that weak fourth-quarter oil-trading performance would drag on earnings.
Indian Oil buys its first Ecuadorean oil via tender, sources say
02:31am, Wednesday, 14'th Jan 2026
Indian Oil Corp bought its first Ecuadorean Oriente crude cargo for end-March delivery via a tender, two trade sources said, as the country's top refiner expands its oil sourcing to partly replace som
