$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Crude Inventories Rise By 3.8 Million Barrels; WTI Oil Rebounds Above $65.50
10:51am, Wednesday, 02'nd Jul 2025
Gasoline inventories increased by 4.2 million barrels, exceeding analyst estimates.
Crude Oil Price Outlook – Crude Oil Continues to Threaten Break Out
10:25am, Wednesday, 02'nd Jul 2025
The crude oil markets continue to look a lot like a market that is trying to break higher, as we have seen a lot of volatility, followed by just sitting on top of previous resistance. At this point, i
Nigeria needs to recalibrate its budget for lower oil prices, says IMF
09:21am, Wednesday, 02'nd Jul 2025
Nigeria needs to adapt its 2025 budget to lower oil prices and scale up cash transfers to shield the most vulnerable parts of its population, the International Monetary Fund said on Wednesday.
Oil News: Crude Holds 200-Day MA Ahead of EIA Report, Traders Eye $67.44 Pivot
06:29am, Wednesday, 02'nd Jul 2025
Crude oil holds 200-day MA as traders eye $67.44 with an expected EIA draw, OPEC+ supply plans, dollar softness, and China demand shaping outlook.
Natural Gas and Oil Forecast: OPEC+ Output Priced In, Eyes on Jobs Data and Dollar
02:45am, Wednesday, 02'nd Jul 2025
Oil prices remain range-bound as traders digest OPEC+ supply, U.S. inventory data, and upcoming nonfarm payrolls amid a weaker dollar.
Oil prices little changed as investors look ahead to OPEC+ meeting
09:31pm, Tuesday, 01'st Jul 2025
Oil futures were little changed on Wednesday as investors are wary ahead of a meeting of major producers this week to determine output levels for August.
Crude Oil Price Forecast: Holds Support, Eyes Breakout from Tight Range
04:28pm, Tuesday, 01'st Jul 2025
Support around $65 holds as crude oil tests the lower trend channel, setting the stage for a potential upside breakout above recent resistance.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground Amid Signs Of Rising Demand
02:34pm, Tuesday, 01'st Jul 2025
Saudi Arabia is reportedly ready to raise prices for Asian customers.
Crude Oil Price Forecast – Crude Oil Continues to Perhaps Build Inertia
10:09am, Tuesday, 01'st Jul 2025
The crude oil market has been somewhat silent during the session on Tuesday, as we continue to see a lot of noisy behavior. Because of this, the market looks as if it is trying to find its footing her
Oil supply is set to grow 4x more quickly than demand this year, says Goldman Sachs' Daan Struyven
07:32am, Tuesday, 01'st Jul 2025
Daan Struyven, Goldman Sachs co-head of global commodities research, joins 'Squawk Box' to discuss the state of the global energy markets, oil price trends, impact of a weaker dollar, and more.
Why oil demand may outpace supply, despite best efforts from OPEC+
07:00am, Tuesday, 01'st Jul 2025
A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude inventories, even as major oil producers look to boost output for a fifth straig
Oil News: Crude Oil Futures Steady at 200-Day Average, OPEC+ Move Looms
06:21am, Tuesday, 01'st Jul 2025
Crude oil futures steady near the 200-day average as traders watch OPEC+ output plans and Saudi OSPs. Key levels could drive the next oil price move.
Natural Gas and Oil Forecast: Downside Risks Loom as OPEC+ Output Hike Nears
01:55am, Tuesday, 01'st Jul 2025
Oil and gas face pressure as OPEC+ plans 411K bpd output hike in August. Bearish technicals and tariff fears raise downside risks for WTI and Brent.
Saudi Arabia may raise August oil prices to Asia to 4-month high
11:50pm, Monday, 30'th Jun 2025
Saudi Arabia, the world's biggest oil exporter, may raise its August crude oil prices for buyers in Asia to the highest in four months, after spot prices surged during the Iran-Israel conflict and on
Oil and Natural Gas Technical Analysis: Downside Risks Loom as Consolidation Continues
10:51pm, Monday, 30'th Jun 2025
WTI and Brent crude oil are consolidating after dropping from their respective resistance levels and appear poised for further declines, while natural gas shows a consolidation pattern above $3
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