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At Close: Jun 05, 2026

Oil prices up in thin pre-Christmas trade

08:33pm, Monday, 23'rd Dec 2024
Oil prices were up on Tuesday in thin trade ahead of the Christmas Day holiday, with prices supported by U.S. economic data and rising oil demand in India, the world's third-largest oil importer.

Oil Rises Amid Low Inventories

08:19pm, Monday, 23'rd Dec 2024
Oil prices were higher in early Asian trade amid low inventories. Although global inventories have risen this week, the overall level is still low, supporting prices, Nanhua Futures said.

Oil and gas trends for 2025

03:16pm, Monday, 23'rd Dec 2024
CNBC's Pippa Stevens joins 'Power Lunch' to discuss on oil and gas trends going into 2025.
Oil markets are moving lower at the start of the week.
The crude oil market continues to see a lot of sideways action, but at this point on the calendar, it makes a lot of sense that we are simply waiting for the holidays to get out of the way.

Oil prices begin week on down note

07:12am, Monday, 23'rd Dec 2024
Oil futures traded modestly lower early Monday, extending a decline seen the previous week in response to a surging U.S. dollar and worries about the outlook for demand, particularly from China, the w
Oil prices stabilize but risk downside as supply surplus forecasts and strong dollar pressure futures. Traders await breakout or reversal.
Big, integrated oil companies could face a double whammy from the shift in China's car market.
Will 2025's supply surplus push energy prices lower? Explore key forecasts for natural gas and oil markets in the face of shifting global demand.

Oil Rises Amid Low Inventories

10:24pm, Sunday, 22'nd Dec 2024
Oil prices rose in early Asian trading amid low inventories.
Oil prices inched higher on Monday, along with other risk assets, after U.S. data showed cooling inflation, reviving hopes of further policy easing next year that will support global economic growth a
Oil markets lack positive catalysts amid rising supply from non-OPEC+ producers.
Oil prices fall 1.99% as weak Chinese demand and strong dollar weigh on crude futures. Traders eye OPEC+ cuts and Fed policy for future price direction.
The Berkshire Hathaway CEO spent more than $400 million to buy Occidental Petroleum shares, which just hit a nearly three-year low amid fears that oil prices may keep falling.
Oil markets are moving higher as U.S. dollar declined from yearly highs.
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