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$117.72
+1.57 (+1.35%)
At Close: Jun 08, 2026
Oil major Shell posts sharp fall in first-quarter profit on weaker crude prices
02:08am, Friday, 02'nd May 2025
Shell posted adjusted earnings of $5.58 billion for the first three months of the year, beating analyst expectations of $5.09 billion, according to an LSEG-compiled consensus. The oil major reported a
Equinor Sells Stake in Brazil's Peregrino Oil Field for $3.5 Billion
10:19pm, Thursday, 01'st May 2025
Equinor's Brazilian subsidiary has signed an agreement to sell its interest in the Peregrino field to Prio Tigris, a unit of PRIO SA, Brazil's largest independent oil-and-gas firm, the company said Fr
Oil prices rise as China says it's open for trade talks with US
10:02pm, Thursday, 01'st May 2025
Oil prices pulled ahead in early Asian hours on Friday after China said its door is open for talks with the United States, raising hopes of a de-escalation in a bitter trade war between the world's tw
Oil Edges Lower Amid Supply Concerns Ahead of Next Week's OPEC+ Meeting
08:14pm, Thursday, 01'st May 2025
Oil edged lower in the early morning Asian session amid supply concerns ahead of OPEC+ meeting on Monday.
Crude Oil Price Forecast: Potential Bullish Reversal Emerges After Sharp Decline
04:47pm, Thursday, 01'st May 2025
Crude oil rebounded from a $56.67 low, showing potential early signs of strength that could lead to a bullish reversal within a broader downtrend.
Helima Croft: Wait and see if White House makes effort to go after Iranian oil exports
03:19pm, Thursday, 01'st May 2025
Helima Croft, RBC Capital markets, joins 'Power Lunch' to discuss the secondary sanctions on any country that buys oil or petrochemicals from Iran, if the sanctions are even possible, and much more.
Pres. Trump threatens secondary sanctions to any country that buys oil or petrochemicals from Iran
03:07pm, Thursday, 01'st May 2025
CNBC's Megan Cassella reports on the latest news from the White House.
Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
02:40pm, Thursday, 01'st May 2025
Trump says any country that buys oil from Iran will not be allowed to do business with U.S.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As U.S. – Iran Talks Are Postponed
02:31pm, Thursday, 01'st May 2025
Iran decided to postpone negotiations as U.S. imposed new oil-related sanctions.
Oil News: Equities Rally Fuels Crude Bounce as Short-Covering Lifts WTI Futures
11:34am, Thursday, 01'st May 2025
WTI crude rebounds from $56.39 on short-covering and equities rally, but upside remains capped as OPEC output and demand fears weigh on sentiment.
Crude Oil Price Outlook – Crude Oil Finds Buyers After Plunging
10:16am, Thursday, 01'st May 2025
The crude oil market continues to be very noisy, as we are looking at the overall economic picture as one that is difficult to gauge. At this point, the supply of oil is becoming a bit of a problem, b
How the U.S. Oil Industry Has Taken a Beating Under Trump, in Charts
07:00am, Thursday, 01'st May 2025
The president's pledge to usher in an era of American energy dominance collides with his policies.
Oil Falls as U.S. Economic Data Fuels Demand Concerns
04:00am, Thursday, 01'st May 2025
Oil prices fell, with Brent crude down to $60 a barrel as concerns over weakening demand intensified after the latest data showed the U.S. economy contracted in 1Q for the first time since 2022.
Natural Gas and Oil Forecast: OPEC+ Supply Shift and U.S. Contraction Shake Sentiment
03:38am, Thursday, 01'st May 2025
OPEC+ output hike plans and weaker U.S. GDP weigh on oil prices. Brent risks falling to $55 as bearish sentiment grows in energy markets.
Oil Prices: What's Next After April's Slump?
02:51am, Thursday, 01'st May 2025
Following oil's biggest monthly drop since 2021, signs that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher output is adding to concerns that a global trade war will hurt dem
