$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Five former Glencore employees charged with bribery over awarding of African oil contracts
10:59am, Thursday, 01'st Aug 2024
Five ex-Glencore PLC employees have been charged with corruption by the the UK Serious Fraud Office (SFO). Alex Beard, the billionaire former head of oil at Glencore, was one of those charged by the
Crude Oil Price Forecast – Crude Oil Stabilizes in Digestion of Recent Gains
10:46am, Thursday, 01'st Aug 2024
Crude oil continues to see a lot of noisy behavior, as we have recently exploded to the upside. At this point, it looks like we are trying to digest a lot of those gains and stabilize a bit.
U.S. crude oil breaks $78 per barrel as fears of war between Iran and Israel grow
08:27am, Thursday, 01'st Aug 2024
Crude oil futures extended a rally as Iran has vowed to avenge the assassination of a top Hamas leader in Tehran. Iran has ordered a direct strike against Israel, according to the New York Times.
Energy Aspects: Middle East risks to oil should fade in coming weeks
07:26am, Thursday, 01'st Aug 2024
Richard Bronze, Co-Founder and Head of Geopolitics at Energy Aspects, discusses how tensions in the Middle East are impacting the oil markets.
OPEC+ ministers keep oil output policy steady, sources say
07:24am, Thursday, 01'st Aug 2024
A meeting of the top ministers of OPEC+ has kept oil output policy unchanged, two OPEC+ sources said while the meeting was under way.
Oil prices extend rise on fears of wider Middle East conflict
07:15am, Thursday, 01'st Aug 2024
Oil futures rose Thursday, building on the sharp rebound seen the previous session after the assassination of a Hamas leader in Tehran sparked fears of a wider Middle East conflict.
Oil News: Bullish Sentiment Prevails as Middle East Risks Escalate
06:24am, Thursday, 01'st Aug 2024
Oil prices surge as Middle East conflicts raise supply disruption fears. Discover how geopolitical risks and US stockpile data impact the market.
Natural Gas and Oil Forecast: Oil at $78.65, Crude Demand Soars
02:35am, Thursday, 01'st Aug 2024
Oil prices climb to $78.65 as U.S. crude stockpiles fall, driven by increased demand and Middle East tensions affecting supply.
Oil giant Shell beats second-quarter profit expectations, launches share buyback program
02:07am, Thursday, 01'st Aug 2024
Shell on Thursday posted stronger-than-expected second-quarter profit after issuing a warning over lower fossil fuel prices and refining margins.
Surge Energy Is Getting There, But It Needs Higher Oil Prices (Valuation Downgrade)
12:28am, Thursday, 01'st Aug 2024
Surge Energy has reached its second phase of the capital allocation scheme, resulting in a higher dividend yield of 7.6%. With US$75-WTI, Surge should be making ~C$100M in yearly FCF. (14.5% yield to
CNBC Daily Open: Fed signals possible rate cut; Wall Street soars; oil gains as Middle East tensions rise
10:17pm, Wednesday, 31'st Jul 2024
The Fed kept its benchmark rate steady at 5.25% to 5.50%, but Chair Jerome Powell signaled the U.S. central bank could cut rates in its September meeting.
Oil rises on risk of broadening Middle East conflict
08:55pm, Wednesday, 31'st Jul 2024
Oil prices rose in early Asian trading on Thursday, extending strong gains in the previous session after the killing of a Hamas leader in Iran raised the threat of a wider Middle East conflict and on
Crude oil prices pop after assassination of Hamas leader
05:29pm, Wednesday, 31'st Jul 2024
Crude oil prices (BZ=F, CL=F) are drawing attention as geopolitical tensions impact the market. Middle East conflicts are escalating following the assassination of prominent Hamas leader Ismail Haniye
Israel-Hamas-Hezbollah tensions rally oil, but July weakness hints at long-term worries
02:24pm, Wednesday, 31'st Jul 2024
A rally in oil futures Wednesday comes as no surprise as violence in the Middle East, including the assassination of a Hamas leader in Iran, raises the potential for a wider war in the oil-rich region
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Middle East Tensions
01:49pm, Wednesday, 31'st Jul 2024
Traders are waiting for Iran's moves after the assassination of Hamas leader in Tehran.
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