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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Crude oil futures fall for fourth day as recession fears outweigh rising Middle East tensions
09:37am, Tuesday, 06'th Aug 2024
Crude oil futures fell for a fourth consecutive session Tuesday. West Texas Intermediate crude oil closed at a six-month low on Monday.
Crude Oil Price Forecast – Crude Oil Continues to Look Soft
09:26am, Tuesday, 06'th Aug 2024
The oil markets have been negative during the last few sessions, and the early hours of Tuesday was just a continuation of this action. At the moment, it appears that most of the world is bracing for
S&P Global's Dan Yergin: 'Quite striking' oil markets haven't preemptively priced in Mideast tension
08:50am, Tuesday, 06'th Aug 2024
Daniel Yergin, S&P Global vice chairman and ‘The New Map' author, joins 'Squawk Box' to discuss the state of the energy sector, impact of Mideast tensions on oil supplies, and more.
U.S. trade deficit recedes from 19-month high as oil exports rise
08:39am, Tuesday, 06'th Aug 2024
The numbers: The trade deficit fell by 2.5% in June and receded from a 19-month high, owing to higher exports of aircraft and U.S.-produced oil and gas.
Oil prices edge higher as investors monitor Iran-Israel tensions
07:31am, Tuesday, 06'th Aug 2024
Oil futures rose modestly Tuesday, with support attributed in part to fears a potential retaliatory attack by Iran on Israel could spiral into a threat to crude supply from the Middle East.
Oil News: Middle East Tensions Lift Oil Prices Despite US Recession Worries
06:40am, Tuesday, 06'th Aug 2024
Crude oil futures rise amid Middle East tensions and US recession fears. Analysts predict prices may increase if conflicts escalate.
Oil giant Saudi Aramco's second-quarter profit dips 3% on lower crude production volumes
01:56am, Tuesday, 06'th Aug 2024
Saudi Aramco reported $29.1 billion in net profit for the second quarter, a dip of 3.2% from the same period last year as production volumes remained low.
Natural Gas and Oil Forecast: Oil Rockets Past $74 Amid Iran Tensions
01:47am, Tuesday, 06'th Aug 2024
Oil prices have surged past $74, driven by escalating Middle East tensions and potential supply disruptions, impacting forecasts for oil and natural gas markets.
Saudi's small crude price hike for Asia shows bigger concerns: Russell
12:58am, Tuesday, 06'th Aug 2024
Asia's beleaguered oil refiners have received welcome relief on two fronts as crude prices slide and top supplier Saudi Arabia offered some relief.
Oil prices rise over $1 on mounting concerns over Middle East supply
06:53pm, Monday, 05'th Aug 2024
Oil prices rose in early Asian trade on Tuesday, reversing the previous session's loss as concerns that an escalating Middle East conflict could hit supplies outweighed fears of a possible U.S. recess
The oil market has problems, says Again Capital's John Kilduff
03:48pm, Monday, 05'th Aug 2024
John Kilduff, Again Capital founding partner, joins 'Power Lunch' to discuss energy earnings and the oil trade.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows Amid Recession Worries
02:41pm, Monday, 05'th Aug 2024
Oil markets pulled back as traders focused on potential demand weakness.
Mosman Oil and Gas cheers investors demand for its shares with helium project in focus
10:51am, Monday, 05'th Aug 2024
Mosman Oil and Gas Ltd (AIM:MSMN) told investors it has, as previously announced, increased its interest in the Vecta helium project in the USA. The company is also reviewing additional opportunities
Don't see OPEC increasing output into this market, says RBC's Helima Croft
09:48am, Monday, 05'th Aug 2024
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy markets, oil production outlook, impact of Middle East tensions, and more.
Not a lot of traders have made money on oil this year, Energy Aspects founder says
09:12am, Monday, 05'th Aug 2024
Amrita Sen, founder of Energy Aspects, discusses the outlook for crude as oil prices hovered at eight-month lows amid U.S. recession fears.
