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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Crude Oil Price Forecast – Crude Oil Continues to Do Nothing
10:57am, Friday, 17'th May 2024
The oil markets are essentially sitting still at the moment, frustrating traders on both sides of the trade. Ultimately, this is a market that will have to continue to work out momentum.
Oil futures edge higher, set for modest weekly gains
08:25am, Friday, 17'th May 2024
Oil futures headed for modest weekly gains on Friday early morning as economic data from the U.S. and China raised hopes for stronger crude demand.
Putin says oil pipeline could run alongside planned new gas link to China
08:17am, Friday, 17'th May 2024
Russia could deliver oil as well as gas to China along a planned route via Mongolia, President Vladimir Putin said on Friday.
Crude Oil News Today: Set for Weekly Gain Amid Improving Global Demand
06:32am, Friday, 17'th May 2024
Improving U.S. and China demand, inventory declines, and potential monetary easing suggest a bullish short-term outlook for crude oil prices.
Rain, cooler temperatures help contain wildfire near Canada's oil sands
03:24am, Friday, 17'th May 2024
FORT MCMURRAY, Alberta (AP) — A wildfire that has forced thousands of people out of their homes in Canada's oil sands hub city of Fort McMurray was held in place Thursday, as rain and cooler tempera
Natural Gas and Oil Forecast: WTI and Brent Rise 0.10%; Upside Potential?
01:29am, Friday, 17'th May 2024
WTI and Brent oil prices see a 0.10% rise amid shrinking U.S. inventories and Chinese economic stimulus, suggesting more upside potential.
Oil set for weekly gain on signs of improving demand
09:06pm, Thursday, 16'th May 2024
Oil prices rose in Asian trading hours on Friday, with global benchmark Brent set for its first weekly increase in three weeks on signs of improving global demand and slowing inflation in top oil cons
Oil, gas groups sue to block US rule raising drilling fees on public lands
03:54pm, Thursday, 16'th May 2024
Fossil fuel groups have sued the U.S. Bureau of Land Management seeking to block a rule that will raise fees for oil and gas development on federal lands as a part of the U.S. government's broader eff
Wildfires could impact over half of Canada's oil sands output - report
02:31pm, Thursday, 16'th May 2024
More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday.
Wildfires could impact over half of Canada's oil sands output - report
02:31pm, Thursday, 16'th May 2024
More than half of the oil sands production from Canada could be impacted if the wildfires in Alberta and British Columbia worsen, Rystad Energy said in a report on Thursday.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back From Session Highs As Treasury Yields Rebound
02:12pm, Thursday, 16'th May 2024
Oil markets need additional catalysts to move above the nearest resistance level.
Wildfire near Canadian oil city expected to be subdued on Thursday, says local authority
11:18am, Thursday, 16'th May 2024
A large wildfire near the major Canadian oil sands city of Fort McMurray did not move closer overnight and is expected to remain subdued on Thursday, the local authority said on Thursday.
Saudi Arabia's Grip on Global Oil
10:50am, Thursday, 16'th May 2024
Paul Sankey of Sankey Research looks ahead to the upcoming OPEC+ meeting and discusses the outlook for the global energy market with the US continuing to exhibit what he calls a "stunning" performance
Exclusive: US to favor existing investors for Venezuela oil licenses, say sources
10:01am, Thursday, 16'th May 2024
The U.S. is preparing to prioritize issuing limited licenses to operate in Venezuela to companies with existing oil production and assets over those seeking to enter the sanctioned OPEC nation for the
Crude Oil Price Forecast – Crude Oil Continues to Find Value Hunters
09:29am, Thursday, 16'th May 2024
The crude oil markets have bounced back after selling off again, as the oil markets enter what is typically a very bullish time of year for the markets.
