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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Oil traders aren't panicking over Middle East shipping attacks. Here's why.
02:12pm, Friday, 19'th Jan 2024
Oil traders have been closely watching developments in the Middle East for any signs of disruption to global supplies, but the major players in the conflict have engaged in “calibrated” moves to a
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Pull Back Ahead Of The Weekend
01:21pm, Friday, 19'th Jan 2024
Oil prices moved away from session highs amid demand worries.
Citi's Max Layton on oil: Not expecting significant upside from Red Sea attacks
01:16pm, Friday, 19'th Jan 2024
Max Layton, Citi global head of commodities research, joins 'Money Movers' to discuss what's putting the entire commodities sector at risk, how what's happening in the Red Sea impacts what's happening
Oil Prices Rise on EIA Supply Data, IEA Demand Forecast
09:10am, Friday, 19'th Jan 2024
We remain optimistic about near-term prices for crude and advise investors to buy stocks like OII, HLX and SUN.
Oil Prices Forecast: Firm Amid Global Geopolitical Unrest
03:07am, Friday, 19'th Jan 2024
Oil prices are being impacted by geopolitical unrest, U.S. production disruptions, Middle Eastern tensions and China's economic recovery.
Oil Prices Forecast: Supported by Robust OPEC Demand Forecast, Mideast Tensions
02:15am, Thursday, 18'th Jan 2024
Thursday's price surge reflects OPEC's estimate of rising global oil demand, market disruptions from Mideast tensions and U.S. production issues.
Oil prices edge higher on OPEC demand estimate, while cold hits U.S. output
08:41pm, Wednesday, 17'th Jan 2024
Oil prices edged higher on Thursday as OPEC forecast relatively strong growth in global oil demand over the next two years and a cold blast in the U.S. disrupted some oil production.
Stocks Quiet As Focus Remains On Interest Rates And Oil
09:16am, Wednesday, 17'th Jan 2024
Stocks were relatively flat on Tuesday, following a three-day weekend. The S&P 500 fell less than 0.5% and the Nasdaq Composite was off around 0.2%. With little in the way of economic data and the hea
Crude Oil Price Forecast – Crude Oil Markets Continue to Drift Aimlessly
09:04am, Wednesday, 17'th Jan 2024
The crude oil market pulled back just a bit during the trading session on Wednesday, but still sees plenty of support just below that a lot of people will be paying close attention to as we continue t
Natural Gas and Oil Analysis: Yemen Conflict and Suez Disruptions Shake Markets
07:05am, Wednesday, 17'th Jan 2024
Amid escalating tensions in the Middle East, Natural Gas and Oil prices witness a significant downturn, reflecting global market sensitivities.
Saudi oil price cut driven by weak market, not policy shift
07:02am, Wednesday, 17'th Jan 2024
Saudi Arabia's cut in official crude oil selling prices to Asia reflects weaker fundamentals of supply and demand, and does not imply a looming shift in OPEC+ policy or a fight for market share, analy
Oil falls as strong dollar outweighs worries over Middle East
06:36am, Wednesday, 17'th Jan 2024
Oil futures fell early Wednesday, feeling pressure as the U.S. dollar held near a one-month high and traders continued to play down worries over the potential for a wider conflict in the Middle East t
Exclusive: Aramco CEO predicts tighter oil markets, sees Red Sea risks
03:45am, Wednesday, 17'th Jan 2024
Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships would lead to a shortage of tankers due to longer voyages and a supply delay,
Oil Prices Forecast: Bearish Outlook Amid China's Growth Woes, Dollar's Surge
02:15am, Wednesday, 17'th Jan 2024
China's growth miss dampens crude oil outlook; Stronger US Dollar raises oil costs for non-dollar holders also weighing on demand.
Oil prices fall as stronger dollar offsets Red Sea disruptions risks
09:27pm, Tuesday, 16'th Jan 2024
Oil prices fell on Wednesday as a stronger U.S. dollar limited demand for greenback-denominated crude, though the rising risks of supply disruptions amid the intensifying conflict in the Red Sea curbe
