$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Oil trades in narrow range since 2022 on OPEC+, sanctions and demand worries
06:26am, Friday, 12'th Jul 2024
Brent crude oil has been trading in a tight range of $75-$90 a barrel since late 2022 as OPEC+ cuts keep a floor under prices while sizeable spare capacity, demand uncertainty and sanctions policy pre
India will be a 'key driver' in global oil demand: Portfolio manager
02:00am, Friday, 12'th Jul 2024
Ben Cook of Hennessy Funds says that India is "squarely in the driver's seat" when it comes to global oil demand growth.
Natural Gas and Oil Forecast: High U.S. Fuel Demand Lifts Prices to $83
01:30am, Friday, 12'th Jul 2024
High U.S. fuel demand boosts oil prices to $83, as strong summer consumption and easing inflation bolster market confidence.
Oil rises on cooling US inflation, strong summer demand
09:00pm, Thursday, 11'th Jul 2024
Oil prices rose in early Asian trading hours on Friday as signs of strong summer demand and easing inflationary pressures in the world's biggest oil market, the United States, bolstered investor confi
Crude Oil Price Forecast: Rally Targets 89.23 Amid Bullish Momentum
04:41pm, Thursday, 11'th Jul 2024
Crude oil triggered a bullish reversal today, targeting 89.23 and a likely second breakout above trendline resistance.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Gains Ground As Dollar Pulls Back
02:17pm, Thursday, 11'th Jul 2024
Oil traders focus on the changes in Fed policy outlook and prepare for the start of the rate cut cycle.
Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year
09:17am, Thursday, 11'th Jul 2024
The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.
Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year
09:09am, Thursday, 11'th Jul 2024
The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.
Crude Oil News Today: Prices Stabilize Amid Conflicting Demand Projections
06:49am, Thursday, 11'th Jul 2024
The significant U.S. inventory drawdowns and potential for strong summer demand suggest a slightly bullish short-term outlook for crude oil.
IEA trims oil-demand outlook for 2025 as it sees supplies rising further next year
05:53am, Thursday, 11'th Jul 2024
The International Energy Agency (IEA) has taken a haircut to its outlook for oil demand next year, as it sees continued rising supplies.
Next big move in oil prices may be in September, October: Analyst
05:51am, Thursday, 11'th Jul 2024
Tom Kloza, global head of energy analysis at OPIS, says there may be a "sharp, sharp drop."
OPEC 'protecting the floor as oil prices hold above $80USD
04:57am, Thursday, 11'th Jul 2024
Amrita Sen, founder of Energy Aspects, discusses the outlook for the oil market.
Oil Stats Are All Over the Place; It's a Problem for Investors and Environmentalists Alike
03:00am, Thursday, 11'th Jul 2024
One forecast sees global oil production plateauing by next year.
Natural Gas and Oil Forecast: Bullish Trends as Oil Hits $85.80
01:30am, Thursday, 11'th Jul 2024
Oil prices surged to $85.80, buoyed by a weaker dollar and unexpected U.S. inventory drawdowns, signaling a bullish trend.
Oil prices tick up as crude, gasoline inventories ease
08:40pm, Wednesday, 10'th Jul 2024
Oil prices edged higher on Thursday as crude stocks fell after U.S. refineries ramped up processing and as gasoline inventories eased, signalling stronger demand.
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