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$36.66
+1.02 (+2.86%)
At Close: Jun 08, 2026
U.S. Crude Oil Stockpiles Rise for Third Straight Week
11:31am, Wednesday, 16'th Apr 2025
U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their capacity use.
Crude Inventories Rise By 0.5 Million Barrels; WTI Oil Tests Session Highs
10:46am, Wednesday, 16'th Apr 2025
Gasoline inventories declined by 2.0 million barrels from the previous week.
Crude Oil Price Outlook – Crude Oil Continues to See a Potential Bottom
10:38am, Wednesday, 16'th Apr 2025
The oil market continues to see a lot of noisy trading as the market continues to focus on the idea of perhaps a slowing global economy and trade overall.
Oil News: Trade Talk Hopes and Iraq Cut Boost Crude Oil Futures Ahead of EIA Data
09:59am, Wednesday, 16'th Apr 2025
Crude oil futures rise 1% on bullish trade talk signals and Iraq's output cut plan, though IEA and OPEC demand downgrades keep oil outlook bearish.
Natural Gas and Oil Forecast: IEA Demand Cut, OPEC Output Weigh on Bullish Sentiment
09:49am, Wednesday, 16'th Apr 2025
Oil prices retreat as supply builds and demand forecasts fade. WTI slips on bearish data, with resistance near $61.55 capping recovery attempts.
European Commission to wean off Russian oil, gas imports after Trump criticism
08:02am, Wednesday, 16'th Apr 2025
The European Commission is expected to vote on a "comprehensive" strategy to cut off Russian oil and gas imports three years after the start of its war on Ukraine.
Lower oil prices will weigh on Middle East economies, but they're still well-cushioned: S&P Global
04:12am, Wednesday, 16'th Apr 2025
Zahabia Gupta from S&P Global Ratings explains why the ratings agency upped Saudi Arabia's credit rating to A+, despite some headwinds from lower oil prices, a possible global economic slowdown, and a
OPEC receives oil output compensation plans from eight countries
03:15am, Wednesday, 16'th Apr 2025
The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight countries that have exceeded voluntary production quotas within the OPEC+ gro
Mosman Oil and Gas analysis confirms helium at Sagebrush project
03:01am, Wednesday, 16'th Apr 2025
Mosman Oil and Gas Ltd (AIM:MSMN) told investors it has confirmed the presence of helium and methane at its Sagebrush-1 well, in Colorado, through a review of historic data. The company's technical te
Oil subdued as markets assess effects of trade war
09:21pm, Tuesday, 15'th Apr 2025
Oil prices were flat early on Wednesday, as shifting U.S. trade policies fuelled uncertainty while markets assessed the potential impact of the U.S.-China trade war on economic growth and energy deman
Oil Edges Higher; Dimming Prospects of Trade Deals May Weigh
08:11pm, Tuesday, 15'th Apr 2025
Oil prices edged higher in the early Asian session on possible position adjustments.
IEA Slashes Global Oil Demand Forecasts
05:29pm, Tuesday, 15'th Apr 2025
Natasha Kaneva, JPMorgan head of global commodities, shares her thoughts about oil demand and how oil prices are tied to the US dollar. Kaveva also says copper is trading too high at the moment.
Crude Oil Price Forecast: Sharp Rebound Sets Stage for Further Upside
04:40pm, Tuesday, 15'th Apr 2025
After a 31.6% drop, crude rebounded sharply and is now consolidating, setting the stage for a possible second rally leg above resistance.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat In Choppy Trading
02:31pm, Tuesday, 15'th Apr 2025
OPEC and IEA have recently lowered their oil demand outlook for 2025, but markets showed little reaction to the news.
US crude oil output to peak by 2027, EIA projects
01:23pm, Tuesday, 15'th Apr 2025
U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy Information Administration (E
