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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil Futures Edge Lower in Possible Technical Correction
08:01pm, Sunday, 15'th Dec 2024
Oil futures edged lower in a possible technical correction after prices for U.S. and global benchmark oil posted their largest weekly percentage gains in three weeks.
Big Oil wants to help Big Tech power artificial intelligence data centers
07:22am, Saturday, 14'th Dec 2024
Exxon Mobil and Chevron are jumping into the race to power AI data centers. Exxon plans to build a natural gas plant to power a data center and use carbon capture technology to slash the plant's emiss
Oil News: Will EU Sanctions Against Russia Push Crude Oil Into Bullish Territory?
05:55am, Saturday, 14'th Dec 2024
Tight supply and strong Chinese imports fuel crude oil gains. EU sanctions and OPEC+ cuts reinforce bullish oil market fundamentals for traders.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Ahead Of The Weekend
01:21pm, Friday, 13'th Dec 2024
The threat of new sanctions on Russian oil serves as the key bullish catalyst for oil markets.
Canada Might Tax Oil, Uranium Heading for US
12:41pm, Friday, 13'th Dec 2024
Canada is considering imposing export taxes on commodities like uranium, oil, and potash if the President-elect Donald Trump imposes broad tariffs. Mike Shepard reports.
Crude Oil Weekly Price Forecast – Crude Oil Has Another Consolidation Week
12:40pm, Friday, 13'th Dec 2024
The crude oil market has been positive this past week but remains very much in the throws of consolidation. Because of this, the market is likely to continue to see a lot of choppiness, as we are tryi
Crude Oil Price Forecast – Crude Oil Rallies a Bit on Friday
12:13pm, Friday, 13'th Dec 2024
The crude oil markets rallied a bit in the early part of Friday, as we continue to see a lot of pressure building in the markets that I follow here at the FX Empire. Because of this, the market is one
Oil prices head for first weekly gain in three on sanctions worries
08:44am, Friday, 13'th Dec 2024
Oil prices were rising early on Friday at the close of a week where concerns about additional sanctions on key producers helped offset several bearish reports on the supply-demand balance in the marke
Oil News: First Weekly Gain in Three Weeks Boosts Price Outlook
07:28am, Friday, 13'th Dec 2024
Tightening supply and rising demand drive crude oil futures higher, as traders eye key resistance at $71.53. EU sanctions and China's imports fuel bullish sentiment.
Natural Gas and Oil Forecast: Will Supply Surplus Cap Rising Prices?
02:01am, Friday, 13'th Dec 2024
Will surging demand from China and sanctions-induced supply risks outweigh surplus-driven downward price pressures?
Oil Falls as Markets Digest IEA Report
10:29pm, Thursday, 12'th Dec 2024
Oil edged lower in early Asian trade as traders digested the IEA monthly report that said that the current market balance still indicated a 950,000 barrels a day supply surplus next year.
Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain
09:04pm, Thursday, 12'th Dec 2024
Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off expectations of higher demand next year from Chinese stimulus measures, while eyeing another Feder
Crude Oil Price Forecast: Eyes Breakout Momentum Amid Key Resistance Levels
04:41pm, Thursday, 12'th Dec 2024
Crude oil attempts bullish breakout from falling wedge pattern suggesting potential gains, targeting 73.27 and higher levels, supported by Fibonacci and technical signals.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Climbed Above $70.00
02:14pm, Thursday, 12'th Dec 2024
Traders ignore demand worries and focus on geopolitical tensions.
Crude Oil Price Forecast – Crude Oil Continues to See Overhang
09:42am, Thursday, 12'th Dec 2024
The crude oil market continues to see a lot of noisy action, as the top of the range continues to offer a bit of a brick wall in the market. However, there are still range bound opportunities at this
