$37.88
+0.84 (+2.27%)
At Close: Jun 03, 2026
Oil's sharp slide has surprised markets. But some traders now see a bottom for prices
06:16am, Monday, 08'th May 2023
The recent whipsaw of oil prices are bottoming out, analysts forecast, with a more significant pickup in subsequent quarters in the cards.
S&P500 Pullback Complete or More to Come?
02:33am, Monday, 08'th May 2023
The S&P500 correction forecasted last week is underway. We expect $3925-4000 to be reached.
Oil Price Forecast: Firm as Strong Jobs Data, OPEC+ Cuts Ease Recession Fears
01:00am, Monday, 08'th May 2023
Oil traders downplaying concerns over demand and global oversupply, while shifting focus to US inflation data and Chinese economic indicators.
U.S. oil futures gain for the session, lose over 7% for the week
02:52pm, Friday, 05'th May 2023
U.S. oil futures settled higher on Friday, but still lost over 7% for the week. It remains to be seen whether the rise in oil prices Friday was “just short-covering, or actual buying in the hope tha
Natural Gas, WTI Oil, Brent Oil – Oil Soars As U.S. Job Market Stays Strong
01:50pm, Friday, 05'th May 2023
Oil gained more than 3% in today's trading session as traders bet on a rebound after the recent sell-off.
Crude Oil Weekly Price Forecast – Crude Oil Markets Find Significant Bounce After Plunge
12:13pm, Friday, 05'th May 2023
Crude oil markets have fallen a bit significantly during the trading week, only to turn around and find plenty of buyers willing to step in and trying to pick the market back up. By doing so, the mark
Crude Oil Price Forecast – Crude Oil Markets Bounce Into the Weekend
11:51am, Friday, 05'th May 2023
Crude oil markets have been absolutely hammered recently, but have recovered from extreme lows over the last 48 hours.
U.S. crude oil prices attempt to snap 4-day losing streak
07:58am, Friday, 05'th May 2023
Oil futures rose Friday, with the U.S. benchmark attempting to snap a four-day losing streak driven by worries over the economic outlook.
U.S. oil futures end slightly lower, off the session's worst levels
02:54pm, Thursday, 04'th May 2023
U.S. oil futures finished a few cents lower on Thursday, erasing most of an overnight plunge in prices that had touched their lowest intraday levels of the year. The market had become “deeply overso
Natural Gas, WTI Oil, Brent Oil – Oil Rebounds Despite Saudi Arabia's Price Cuts
01:55pm, Thursday, 04'th May 2023
Saudi Arabia cut prices for Asian buyers amid worries about the health of the global economy.
Oil Price Forecast: Stable as Market Absorbs Concerns Over Demand
07:44am, Thursday, 04'th May 2023
Despite concerns over demand and the U.S. economy, oil prices find support as the market absorbs negative news.
Oil Prices Under Pressure on Economic Fears, Gusher of Russian Supply
06:24am, Thursday, 04'th May 2023
With a slowing global economy crimping demand, Moscow appears not to have followed through on pledges to ax output.
Spain's drought has pushed olive oil prices to a 26-year high — and they're expected to stick
01:27am, Thursday, 04'th May 2023
Olive oil prices have hit record levels, thanks to a prolonged drought in top producer Spain — and the elevated prices are expected to stay for some time.
U.S. oil futures settle at their lowest in more than 6 weeks
02:47pm, Wednesday, 03'rd May 2023
Oil futures declined on Wednesday, with U.S. prices settling below $70 a barrel at their lowest level in over six weeks. Oil has continued to slide as “the rising prospect of a U.S. economic slowdow
Natural Gas, WTI Oil, Brent Oil – Oil Markets Test New Lows
01:18pm, Wednesday, 03'rd May 2023
Oil markets are under strong pressure as traders focus on recession risks.
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