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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil edges down on expectations of more OPEC+ supply, tariff fears
08:41pm, Monday, 30'th Jun 2025
Oil prices edged down on Tuesday, weighed by expectations of an OPEC+ output hike in August and concerns of an economic slowdown driven by prospects of higher U.S. tariffs.
Morgan Stanley sees Brent at $60/bbl by early next year
06:00pm, Monday, 30'th Jun 2025
Brent crude will likely retrace to around $60 per barrel by early next year, with the market being well supplied and geopolitical risk abating following the Israel-Iran de-escalation, Morgan Stanley s
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On OPEC+ Production Plans
02:19pm, Monday, 30'th Jun 2025
The group is expected to boost production by 411,000 bpd in August.
Crude Oil Price Outlook – Crude Oil Continues to Look Stable
10:06am, Monday, 30'th Jun 2025
The crude oil market continues to be somewhat stabile in the early part of Monday, as we are taking a breath after the massive move that we have seen over the last few weeks. With the situation betwee
Oil News: OPEC Output Plans in Focus as 200-Day Sets Tone for Oil Demand
05:19am, Monday, 30'th Jun 2025
Crude oil holds above the 200-day average as traders eye OPEC production, demand concerns, and geopolitical shifts for the next oil prices forecast.
Macquarie: Oil markets are pricing in 'too little risk premium'
03:42am, Monday, 30'th Jun 2025
Marcus Garvey of Macquarie Group says it's possible that oil can hit $200 if there is a blockade in the Strait of Hormuz, and there are no viable alternative oil routes to the strait. He says the mark
Natural Gas and Oil Forecast: Will OPEC+ Output Hike Break the $65 Floor?
01:45am, Monday, 30'th Jun 2025
OPEC+ eyes a 411k bpd output hike in August—can WTI hold above $65 as demand weakens and triangle support faces pressure?
Oil falls on prospect of more OPEC+ supply, easing risks in Mideast
08:41pm, Sunday, 29'th Jun 2025
Oil prices fell 1% on Monday as an easing of geopolitical risks in the Middle East and the prospect of another OPEC+ output hike in August boosted the supply outlook.
Oil News: Will OPEC Production Surge Keep Crude Oil Prices Under Pressure?
02:38am, Sunday, 29'th Jun 2025
Bearish oil outlook ahead as OPEC+ output jumps, demand growth slows, and geopolitical premiums fade, keeping crude oil futures under sustained pressure.
Oil News: Can Crude Oil Hold 200-Day MA Despite OPEC Production Surge?
01:32pm, Saturday, 28'th Jun 2025
Oil posts worst week since March 2023, down 12% on Israel-Iran ceasefire. OPEC+ production hike adds pressure but Friday bounce suggests oversold conditions.
The Oil Tycoon and the Philosopher Threatening Big Oil's Carbon Capture Plans
08:00am, Saturday, 28'th Jun 2025
The fraught politics of carbon capture are dividing the oil industry.
Hang Seng Index News: Market Eyes 25,000 on Trade Talks, Fed Rate Cut Hopes – Weekly Recap
10:31pm, Friday, 27'th Jun 2025
Hang Seng Index surged 3.2% on Fed rate cut hopes and easing geopolitical risks. Traders now eye key China data and trade developments.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Traders Stay Cautious As OPEC+ Is Reportedly Ready To Boost Production
02:38pm, Friday, 27'th Jun 2025
Recent reports show that OPEC+ countries plan to raise production at a robust pace.
OPEC+ set to make another accelerated oil output hike for August, sources say
12:17pm, Friday, 27'th Jun 2025
The world's largest group of oil producers, OPEC+, is set to make another big increase of 411,000 barrels per day for August as it looks to regain market share, four delegates from the group told Reut
Putin: OPEC+ projects rising oil demand, especially in summer
11:45am, Friday, 27'th Jun 2025
Russian President Vladimir Putin said on Friday the OPEC+ group of leading oil producers including Russia projects rising global demand especially in the summer months, in comments suggesting the bloc
