$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Shell preferred over BP as crude price tipped to return to $90 per barrel
06:10am, Friday, 21'st Jun 2024
Analysts at JP Morgan prefer Shell PLC (LSE:SHEL, NYSE:SHEL) over BP PLC (LSE:BP.) whilst seeing upside for both of London's oil majors, with crude prices tipped to head back toward $90 per barrel in
Shitole: Expect Increased Oil volatility
03:10am, Friday, 21'st Jun 2024
Amol Shitole, Mashreq Capital, Head of Fixed Income expects oil volatility to increase due to geopolitics and OPEC+ supply. He also discusses Saudi oil and non-oil revenue, and the MENA sovereign and
Natural Gas and Oil Forecast: Oil Sees 7-Week High, Gasoline Down 2.3M Barrels
02:00am, Friday, 21'st Jun 2024
Oil prices have surged to a seven-week high, bolstered by a 2.3 million barrel drop in gasoline inventories.
Oil prices slip as rate hike worries come into focus
08:41pm, Thursday, 20'th Jun 2024
Crude oil futures slid in early trade on Friday on the prospect of higher-for-longer interest rates in Asia and the United States, while falling U.S. oil inventories kept prices from moving lower.
Crude Oil Price Forecast: Heading Towards Possible Resistance at 61.8% Fibonacci Level
05:44pm, Thursday, 20'th Jun 2024
Crude oil approaches critical resistance at 82.26, with potential for continued rally or consolidation, signaling an increase in market volatility.
Investment committee talks the energy trade as oil hits $80 per barrel
02:39pm, Thursday, 20'th Jun 2024
The Investment Committee debate the energy sector as oil hits $80 a barrel.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Mixed After EIA Report
02:32pm, Thursday, 20'th Jun 2024
Oil markets are swinging between gains and losses as some traders are taking profits off the table near multi-week highs.
Crude Inventories Decline By 2.5 Million Barrels
11:16am, Thursday, 20'th Jun 2024
Gasoline inventories decreased by 2.3 million barrels from the previous week.
Crude Oil Price Forecast – Crude Oil Markets Continue to Build Base For Launch
09:40am, Thursday, 20'th Jun 2024
The crude oil markets rallied slightly during the early hours on Thursday as it looks like we are building a bit of a base for the next swing higher. At this point in time, I remain bullish on this ma
U.S. crude oil holds above $81 per barrel, on pace for second weekly gain in a row
08:39am, Thursday, 20'th Jun 2024
West Texas Intermediate is on pace for a second consecutive weekly gain. JPMorgan is forecasting Brent will hit $90 by September on summer fuel demand.
Oil futures hover near 7-week highs ahead of U.S. inventories data
06:56am, Thursday, 20'th Jun 2024
Oil futures were little changed early Thursday, hovering near their highest since late April, as U.S. traders returned from a midweek holiday break and awaited official data on inventories.
Supreme Court decision on Horse Hill oil wells 'will make it harder for new fossil fuel projects'
06:50am, Thursday, 20'th Jun 2024
Environmental protestors said the Supreme Court ruling over the Horse Hill oil wells is a "watershed moment" for the fossil fuel industry, said lawyer Friends of the Earth, making it harder for new f
Supreme Court says Horse Hill oil well approval was unlawful as ignored downstream emissions
05:42am, Thursday, 20'th Jun 2024
In a ruling that could prevent other new UK fossil fuel developments from going ahead, the Supreme Court has ruled that a local council wrongly ignored the impact of future emissions. Emissions create
Crude Oil News Today: Near Seven-Week High Amid Middle East Tensions, EIA Data
05:41am, Thursday, 20'th Jun 2024
The short-term outlook for crude oil is neutral to slightly bullish, contingent on inventory data and geopolitical developments.
Natural Gas and Oil Forecast: WTI Nears $81.50; Will the Sell-Off Continue?
01:49am, Thursday, 20'th Jun 2024
With WTI nearing $81.50, the unexpected rise in U.S. crude inventories fuels concerns about ongoing sell-off pressure in the oil market.
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