$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Natural Gas and Oil Forecast: WTI Targets $71.40 Rebound, Double Bottom Alert
02:06am, Thursday, 22'nd Aug 2024
A double bottom pattern at $71.40 suggests WTI Crude Oil could be poised for a significant price rebound in the near term.
Goldman Sachs: Downside risk from China more concerning for oil markets
11:12pm, Wednesday, 21'st Aug 2024
Daan Struyven, Head of Oil Research at Goldman Sachs, explains structural issues that he sees weighing on Chinese demand for oil, and why that's more concerning than slowdowns in US or elsewhere.
Greek oil tanker said to be drifting and ablaze after repeated attacks in Red Sea
09:04pm, Wednesday, 21'st Aug 2024
DUBAI, United Arab Emirates — A Greek-flagged oil tanker traveling through the Red Sea came under repeated attack Wednesday, leaving the vessel “not under command” and drifting ablaze after an a
Oil prices slow sell-off as expectations of Fed rate cut grow
08:44pm, Wednesday, 21'st Aug 2024
A sharp sell-off in crude oil paused on Thursday after expectations of a rate cut by the Federal Reserve offset a bunch of weak economic data from the world's two largest economies, the United States
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Tests $72.00 As Traders React To EIA Data
03:02pm, Wednesday, 21'st Aug 2024
Oil markets remain under strong pressure.
Market Navigator: Playing crude oil with futures
03:00pm, Wednesday, 21'st Aug 2024
Scott Nations, Nations Indexes President, joins 'Power Lunch' to discuss playing crude oil to the upside.
Oil prices are under pressure as OPEC+ tries to 'squeeze out' extra barrels: Again Capital's Kilduff
11:46am, Wednesday, 21'st Aug 2024
John Kilduff, Again Capital founding partner, joins 'Squawk on the Street' to discuss the balance in oil prices between geopolitics and waning demand in China, what scares Kilduff to the hawkish outlo
Crude Inventories Declined By 4.6 Million Barrels
10:55am, Wednesday, 21'st Aug 2024
Gasoline inventories decreased by 1.6 million barrels from the previous week.
Oil prices steady after 3-day losing streak
07:55am, Wednesday, 21'st Aug 2024
Oil futures hovered near unchanged Wednesday morning, consolidating as investors awaited official data on U.S. crude inventories after a three-day losing streak that took crude to two-week lows.
Oil News: U.S. Crude Exports Set to Plateau Amid Weak Oil Demand from China
07:47am, Wednesday, 21'st Aug 2024
U.S. crude exports set to plateau in 2024, signaling potential price pressures as global demand, especially from China, slows.
S&P Global Ratings discusses Saudi-China ties and renminbi-based oil trade
04:15am, Wednesday, 21'st Aug 2024
Charles Chang of S&P Global Ratings outlines the factors to keep in mind.
Natural Gas and Oil Forecast: WTI at $73, Will the Downtrend Continue?
02:32am, Wednesday, 21'st Aug 2024
With WTI hovering at $73, the market faces uncertainty. Is a deeper downtrend ahead, or could a rebound be on the horizon?
An Israel-Hamas ceasefire deal won't change the direction of oil prices on its own, expert says
09:39pm, Tuesday, 20'th Aug 2024
Carole Nakhle, founder and director of Crystol Energy consultancy, discusses geopolitics and how it relates to the oil market outlook.
Oil prices down on swelling US crude stocks, easing Middle East tensions
08:30pm, Tuesday, 20'th Aug 2024
Oil prices slipped on Wednesday on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing following a tour of the region by mediators.
Crude Oil Price Forecast: Tests Support at $73.87 Amid Bearish Retracement
04:56pm, Tuesday, 20'th Aug 2024
Crude oil's bearish retracement found support at $73.87. A reversal is possible, targeting $81.96, if lower resistance levels are overcome.
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