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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
BP flags $4 billion-$5 billion in energy transition impairments, weak oil trading
02:14am, Wednesday, 14'th Jan 2026
BP flagged in a trading statement on Wednesday that it expects to book $4 billion to $5 billion in impairments in the fourth quarter, mainly related to its energy transition businesses, and that its o
Oil News: Crude Oil Futures Test 200-Day MA on Iran Supply Production Fears
12:20am, Wednesday, 14'th Jan 2026
Light crude breaks 50-day moving average resistance, now challenging 200-day MA on Iran tensions. Technical analysis points to potential rally toward $64.75.
Oil prices pause gains as Venezuela shipments resume but Iran concerns loom
09:14pm, Tuesday, 13'th Jan 2026
Oil prices paused their run of gains on Wednesday, slipping after four days of increases, as Venezuela resumed exports, but fears of Iranian supply disruptions following deadly civil unrest in t
Exxon Baton Rouge, Louisiana refinery preparing to run Venezuelan oil, sources say
08:48pm, Tuesday, 13'th Jan 2026
Exxon Mobil is preparing to run Venezuelan crude oil at its Baton Rouge, Louisiana refinery, people familiar with plant operations said.
Oil Futures Edge Lower on Likely Technical Correction
08:07pm, Tuesday, 13'th Jan 2026
Oil futures edged lower in early Asian trade on a likely technical correction after the futures settled overnight at their highest level since late October.
Crude Oil Price Forecast: Double Bottom Breakout Signals Trend Reversal
04:55pm, Tuesday, 13'th Jan 2026
Crude oil confirmed a bullish trend reversal after breaking multiple resistance levels, with strong momentum pointing toward higher targets near the 200-day average and clustered Fibonacci resistance.
China, Wary of Global Unrest, Is Keeping the Oil Market Afloat
04:11pm, Tuesday, 13'th Jan 2026
China's purchases for its strategic reserve have kept the market from cratering.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As U.S. Weighs Action Against Iran
01:48pm, Tuesday, 13'th Jan 2026
Rising geopolitical tensions pushed oil prices to multi-week highs.
Canadian oil tycoon proposes aiding US in Venezuela's oil revival
01:25pm, Tuesday, 13'th Jan 2026
A Canadian tycoon who heads one of North America's fastest-growing oil companies is advocating for his country to lend its heavy oil expertise to the United States as it seeks to rebuild Venezuela's o
Trade Tracker: Joe Terranova buys the VanEck Oil Services ETF
01:12pm, Tuesday, 13'th Jan 2026
Joe Terranova, Senior Managing Director for Virtus Investment Partners, joins CNBC's "Halftime Report" to detail his latest buy in the energy sector.
Even Oil Companies Are Nervous About Trump's Crackdown on Offshore Wind
01:07pm, Tuesday, 13'th Jan 2026
Oil industry leaders warn that regulatory uncertainty from a Trump-led offshore wind moratorium could spill over and disrupt fossil fuel permitting, stalling investment across energy sectors.
WTI oil discount to Brent largest in eight months as more Venezuelan crude expected in US
12:42pm, Tuesday, 13'th Jan 2026
The discount on U.S. crude futures to the global benchmark Brent has grown by around $1 per barrel since the U.S. ousted Venezuelan President Nicolas Maduro on January 3 and took control of the Sou
Crude Oil Rises Sharply; US Inflation Rate Holds Steady At 2.7%
12:37pm, Tuesday, 13'th Jan 2026
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling more than 200 points on Tuesday.
US oil drilling to slow as prices slump, Venezuela growth could amplify pressure, EIA says
12:19pm, Tuesday, 13'th Jan 2026
Lower oil prices are expected to cut U.S. drilling activity and reduce output 1% this year from the top producing country, while potentially higher output from Venezuela could add pressure, the Energy
Ramping oil production in Venezuela will yield limited short-term gains, IEA says
12:10pm, Tuesday, 13'th Jan 2026
Ramping up oil production in Venezuela after years of industry neglect will take time and bring only limited short-term gains, the chief energy economist at the International Energy Agency said on Tue
