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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Natural Gas and Oil Forecast: Will Rising Supply Offset Demand Uncertainty?
01:45am, Wednesday, 13'th Nov 2024
Geopolitical tensions and revised OPEC projections weigh on demand, creating a cautious outlook for energy markets.
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
10:35pm, Tuesday, 12'th Nov 2024
Oil prices may see a drastic fall in the event that OPEC+ unwinds its existing output cuts, said market watchers. A decline to $40 a barrel would mean around 40% erasure off current crude prices.
Oil trims losses on tight near-term supply
09:52pm, Tuesday, 12'th Nov 2024
Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 20
Oil Edges Lower, Likely Weighed by OPEC's Demand Forecast Trim
08:21pm, Tuesday, 12'th Nov 2024
Oil prices were mixed in early Asian trade. Market sentiment was likely weighed after OPEC cut its demand forecasts, Westpac said.
Crude Oil Price Forecast: Struggles Below Key Levels in Bearish Downtrend
05:05pm, Tuesday, 12'th Nov 2024
Crude oil remains in consolidation below key support levels, signaling the potential for a bearish continuation if prices break below the September low.
OPEC+ Unity Will Be Tested As Market Share Shrinks
02:21pm, Tuesday, 12'th Nov 2024
OPEC+ will face strong headwinds in 2025 as not-OPEC+ producers keep gaining market share.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Flat As OPEC Cuts Demand Forecast
01:50pm, Tuesday, 12'th Nov 2024
Oil markets were swinging between gains and losses as traders reacted to the OPEC report.
Crude Oil Price Outlook – Crude Oil Continues to See Same Floor
09:04am, Tuesday, 12'th Nov 2024
The crude oil market has seen a lot of support previously, as the market continues to see a massive floor at the same place we have in the past. The overall range has been intact for over two years, a
Big Oil's climate targets
08:47am, Tuesday, 12'th Nov 2024
The world's biggest oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the combustion of the products they sell.
Oil prices bounce after back-to-back declines; OPEC sees lower demand growth
07:15am, Tuesday, 12'th Nov 2024
Oil futures rose Tuesday, bouncing after back-to-back losses that sent the U.S. benchmark back below the $70-a-barrel threshold.
OPEC says Russian oil output broadly stable in October
06:42am, Tuesday, 12'th Nov 2024
Russia's crude oil output edged up in October by 9,000 barrels per day (bpd) to about 9.01 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on Tuesday, citing data from s
Oil News: Crude Traders Eye OPEC Report as Dollar Strengthens
06:05am, Tuesday, 12'th Nov 2024
Oil markets eye recovery as OPEC report nears. Analysts question if rising U.S. dollar and supply can curb oil demand growth.
Oil giant Shell wins appeal against landmark Dutch climate ruling to slash emissions
02:54am, Tuesday, 12'th Nov 2024
A Dutch court on Tuesday ruled to dismiss a landmark climate ruling against Shell, which in 2021 had ordered the oil giant to drastically reduce its global carbon emissions. The outcome, which comes d
Natural Gas and Oil Forecast: China's $1.4 Trillion Stimulus Falls Short for Demand Boost
01:10am, Tuesday, 12'th Nov 2024
Natural gas and oil prices remain weak as China's $1.4T stimulus disappoints. OPEC's demand outlook and strong U.S. dollar weigh on energy markets.
Oil and Natural Gas Technical Analysis: Dollar Strength Drive Diverging Trends
09:14pm, Monday, 11'th Nov 2024
The oil market faces bearish pressure, while natural gas prices surged higher.
