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$40.12
+1.04 (+2.66%)
At Close: Jul 31, 2026
Natural Gas and Oil Forecast: WTI Defends $67.81 While Brent Holds $73.06 — NatGas Eyes Higher?
12:51am, Thursday, 02'nd Jul 2026
Global crude markets showed resilience with elevated refinery runs supporting transportation and petrochemical demand. WTI defended support at $67.81 with higher lows, Brent held channel support at $7
Oil Price Forecast: WTI Selloff Deepens as Brent Tests $70
12:48am, Thursday, 02'nd Jul 2026
Oil prices remain under pressure as WTI breaks below $69 and Brent tests $70, while easing Strait of Hormuz risks and expected OPEC+ supply increases keep sellers in control.
Oil Falls as Supply Increases Amid Easing Mideast Tensions
08:16pm, Wednesday, 01'st Jul 2026
Oil fell in early Asian trade on more signs of increased supply amid easing Middle East tensions.
U.S. Crude Oil Inventories Extend Decline
11:14am, Wednesday, 01'st Jul 2026
Commercial crude oil stocks excluding the Strategic Petroleum Reserve fell by 3.8 million barrels to 408.4 million barrels in the week ended June 26, and were about 7% below the five-year average for
Crude Oil Price Analysis – WTI Drifts Below $70 as Middle East Risks Fade
09:41am, Wednesday, 01'st Jul 2026
The oil markets continue to see a bit of support just below, as it looks like we are trying to find the bottom at this point.
Natural Gas and Oil Forecast: WTI Defends $69.64 While Brent Holds $73.06 — NatGas Eyes Higher?
02:57am, Wednesday, 01'st Jul 2026
U.S. crude inventories stayed near minimum operating levels while refined product demand remained firm amid ongoing economic activity. WTI held $69.64 support, Brent defended $73.06, and Natural Gas c
Oil ticks higher as Iran's refusal to meet US envoys dims ceasefire hopes
09:29pm, Tuesday, 30'th Jun 2026
Oil prices rose in early trade on Wednesday as investors responded to news that Iran will not be meeting with U.S. envoys, a further strain on the interim ceasefire agreed between the two in the fo
Oil Futures Rise on Possible Technical Recovery
07:39pm, Tuesday, 30'th Jun 2026
Oil futures rose in early Asian trade on a possible technical recovery after the futures posted their sharpest quarterly drop since 2020 on Tuesday.
Crude Oil Price Forecast: Bearish Pressure Meets Key Support
04:47pm, Tuesday, 30'th Jun 2026
Crude oil remains under bearish pressure after breaking below the 200-day moving average, but price is now testing a key multi-layer support zone where a potential base may form.
Oil Falls as Traders Weigh Middle East Return, Supply Glut Risks
04:19pm, Tuesday, 30'th Jun 2026
Oil declined, with shipping traffic through the Strait of Hormuz picking up on hopes for a permanent US-Iran deal and a Wall Street bank issuing fresh warnings about a potential glut. Michelle Brouha
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As U.S. Negotiators Arrive In Doha
02:51pm, Tuesday, 30'th Jun 2026
Oil markets are losing ground as U.S. – Iran negotiations continue.
Oil is set for the largest quarterly price drop in 6 years as historic supply crunch eases
02:36pm, Tuesday, 30'th Jun 2026
Workarounds for the Strait of Hormuz chokepoint and a drop in crude imports to China helped ease the impact of lost Persian Gulf oil.
Crude Oil Price Analysis – Crude Oil Continues to See Support on Tuesday
10:14am, Tuesday, 30'th Jun 2026
The crude oil markets continue to see a bit of support testing on Tuesday.
Oil Supply Won't Come Back as Quickly as Expected, Babin Says
09:37am, Tuesday, 30'th Jun 2026
Rebecca Babin, Senior Equity Trader at CIBC Private Wealth, discusses the current state of oil market dynamics. She says the market is overestimating the speed at which oil supply will return to pre-c
Strait of Hormuz is reopening faster than expected, says Morgan Stanley as it cuts oil-price target
05:23am, Tuesday, 30'th Jun 2026
The Strait of Hormuz is reopening faster than expected, oil analysts at Morgan Stanley said as they cut their oil-price view for this year and next.
