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Buy GUSH
$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Crude Inventories Drop By 0.8 Million Barrels
10:45am, Wednesday, 28'th Aug 2024
Domestic oil production declined from 13.4 million bpd to 13.3 million bpd.
Crude Oil Price Forecast – Crude Oil Continues to Consolidate
09:57am, Wednesday, 28'th Aug 2024
Crude oil markets continue to see a lot of noise, and the Wednesday session was no different. At this point in time, the market is likely to continue to drop in the short term, but there is a massive
Oil to See Gradual Shift Lower Over Sharp Drop: Goldman's Struyven
08:58am, Wednesday, 28'th Aug 2024
Daan Struyven, head: oil research at Goldman Sachs, discusses his outlook for oil as he sees an average Brent crude price of $77 in 2025, expecting upward pressure on prices from a Federal Reserve rat
Oil prices edge lower as traders await U.S. stockpiles data, Libya supply risks still linger
08:39am, Wednesday, 28'th Aug 2024
Oil prices were edging lower on Wednesday morning, following a sharp pullback that halted a recent three-day rally ahead of the release of weekly U.S. inventories data.
Libya's power divisions could once more fracture its oil output – as markets question for how long
07:58am, Wednesday, 28'th Aug 2024
A political standoff in Libya risks once more paralyzing the north African country's lucrative oil sector. But the frequency of its power tussles and crude disruptions have left long-term oil price su
U.S. crude oil falls nearly 2%, selloff gains speed as market dismisses Libya disruption
07:51am, Wednesday, 28'th Aug 2024
Oil prices are falling for the second day in a row as the market selloff continues. Traders have largely dismissed the threat of supply disruptions in Libya, which triggered a rally earlier in the wee
$82 is an "appropriate ceiling" for oil prices: JTD Energy Services
05:30am, Wednesday, 28'th Aug 2024
John Driscoll, chief strategist at JTD Energy Services explains why he believes geopolitics is not changing oil market fundamentals.
Oil News: Crude Prices Slip as Demand Concerns Outweigh Supply Risks
05:24am, Wednesday, 28'th Aug 2024
Crude oil prices dip as global demand concerns outweigh potential supply disruptions in Libya and the Middle East, signaling a bearish outlook.
Natural Gas and Oil Forecast: WTI and Brent at Crucial Fibonacci Levels—What's Next?
02:04am, Wednesday, 28'th Aug 2024
WTI at $75.51 and Brent at $79.53 hit key Fibonacci levels. Can these prices hold, or will a break trigger further downside?
Energy Sector and Stocks Disconnected From Oil Prices
11:12pm, Tuesday, 27'th Aug 2024
While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline in commodity pric
Oil rebounds as geopolitics, demand concerns whipsaw investors
10:18pm, Tuesday, 27'th Aug 2024
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the Mi
Crude Oil Price Forecast: Breakout Above 200-Day MA Likely
04:55pm, Tuesday, 27'th Aug 2024
Crude oil consolidates between key moving averages, with potential for a bullish breakout targeting $81.96, though risks of a deeper pullback remain.
Wall Street lowers oil price forecasts
03:11pm, Tuesday, 27'th Aug 2024
Goldman Sachs and Morgan Stanley are lowering their price forecasts on crude oil (BZ=F, CL=F) as OPEC+ plans to increase its production output this October and conflicts escalate in the Middle East be
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Profit-Taking
02:19pm, Tuesday, 27'th Aug 2024
Oil traders take some profits off the table after the strong rebound from recent lows.
Crude Oil's Quiet Volatility
12:54pm, Tuesday, 27'th Aug 2024
"Low volatility in crude oil doesn't last forever," according to Carley Garner. She says the markets have found a recent equilibrium, but that even the quiet periods in volatility can spike quickly.
