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$117.72
+1.57 (+1.35%)
At Close: Jun 08, 2026
Oil News: Traders Brace for OPEC+ Call as Geopolitics Buoy Crude Futures
07:29am, Wednesday, 28'th May 2025
Crude oil holds steady as traders await OPEC+ output decision and supply risks mount from Venezuela sanctions and Canadian wildfires.
OPEC+ needs to be mindful of rising oil demand says UAE energy minister
05:28am, Wednesday, 28'th May 2025
OPEC+ is doing their best to balance the oil market, but needs to be mindful of rising demand, United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei said on Tuesday. ➡️ “If this group
Rasmussen: Oil markets could be headed to an oversupply
04:15am, Wednesday, 28'th May 2025
Arne Lohmann Rasmussen, Chief Analyst, Head of Research from Global Risk Management predicts how oil markets will shape up as OPEC+ discusses a 400,000 barrel production hike.
Natural Gas and Oil Forecast: OPEC+ Talks and Global Sanctions Stir Price Volatility
03:36am, Wednesday, 28'th May 2025
OPEC+ output talks, global sanctions, and trade shifts push natural gas and oil markets into a volatile holding pattern with possible sharp breakouts.
Oil prices inch up as U.S. bans Chevron from exporting Venezuelan crude
09:11pm, Tuesday, 27'th May 2025
Oil prices ticked up in early trading on Wednesday as the U.S. barred Chevron from exporting crude from Venezuela under a new authorization on its assets there, raising the prospect of tighter supply.
Oil Rises Amid Prospects of New U.S. Sanctions Against Russia
08:20pm, Tuesday, 27'th May 2025
Oil rose in early Asian trade amid prospects of new U.S. sanctions against Russia.
U.S. to Grant Chevron License to Preserve Oil Assets in Venezuela
04:05pm, Tuesday, 27'th May 2025
The company would be able to maintain key infrastructure but be barred from importing oil from the South American country.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Signs Of Progress In U.S. – Iran Talks
02:43pm, Tuesday, 27'th May 2025
The upcoming OPEC+ meeting serves as an additional bearish catalyst for oil.
Crude Oil Price Analysis: Crude Drops In Choppy Premarket Movement
10:00am, Tuesday, 27'th May 2025
The oil markets continue to see a lot of noise in the movement of both CL and BZ contracts, as the markets worry about the idea of global growth and demand. Furthermore, OPEC continues to flood the ma
OPEC+ set to agree July oil output hike this week, sources say
08:59am, Tuesday, 27'th May 2025
OPEC+ is likely to agree to a further accelerated oil output hike for July this week, three delegates from the group told Reuters, in the latest stage of a plan to meet rising demand and increase mark
Oil News: Crude Oil Holds Steady as Iran Sanctions, OPEC Outlook Drive Uncertainty
06:20am, Tuesday, 27'th May 2025
OPEC+ output decision, easing trade tensions, and Iran sanctions shape this week's crude oil outlook as WTI futures hold near key resistance.
OPEC+ must be mindful of rising oil demand, UAE energy minister says
05:44am, Tuesday, 27'th May 2025
OPEC+ is doing its best to balance the oil market, but needs to be mindful of rising demand, United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei said on Tuesday.
Natural Gas and Oil Forecast: Brent Caught in Descending Triangle, Eyes $65.36 Target on Breakout
02:32am, Tuesday, 27'th May 2025
Brent Crude struggles near $63.50 support amid descending triangle formation. A breakout above $64.50 may trigger a push toward $65.36.
OPEC+ to Decide July Oil Production Levels on May 31
01:49am, Tuesday, 27'th May 2025
OPEC+ brought forward a video-conference that will decide July oil production levels by one day to May 31, delegates said. The eight-nation sub-group led by Saudi Arabia and Russia held preliminary ta
Oil News: Trump Trade Delay Lifts Sentiment, But Oil Demand Outlook Still Bearish
08:55am, Monday, 26'th May 2025
Oil prices edge up on Trump's EU tariff delay, but rising inventories and weak demand keep the outlook bearish for crude oil futures.
