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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil News: Sverdrup Restart Pressures Prices as Market Awaits Fresh Catalysts
05:47am, Tuesday, 19'th Nov 2024
Supply concerns ease with Sverdrup's restart, but geopolitical risks and Kazakhstan's outage keep traders alert in a volatile crude oil outlook.
Natural Gas and Oil Forecast: Brent Rises as Norway Halts Major Oilfield Output
01:11am, Tuesday, 19'th Nov 2024
Brent climbs as Norway halts its largest oilfield, tightening global supply amid geopolitical tensions and market uncertainty.
Oil prices ease, but caution prevails over Russia-Ukraine war
08:52pm, Monday, 18'th Nov 2024
Oil prices retreated on Tuesday after the previous day's rally driven by halted production at Norway's Johan Sverdrup oilfield, but investors remained cautious amid fears of a potential escalation in
Oil Edges Higher on Supply Outage Concerns, Geopolitical Risks
08:38pm, Monday, 18'th Nov 2024
Oil edged higher in Asia's morning trade on supply outage concerns and geopolitical risks.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Equinor Halts Johan Sverdrup Oilfield
02:14pm, Monday, 18'th Nov 2024
Rising geopolitical tensions provided additional support to oil markets.
3 Airline Stocks Falling Amid Higher Oil Prices, Spirit Woes
01:08pm, Monday, 18'th Nov 2024
Spirit Airlines Inc (SAVE) today filed for Chapter 11 bankruptcy protection amid mounting losses and $1.1 billion in debt.
Crude Oil Rises Sharply; US Homebuilder Sentiment Surges In November
12:20pm, Monday, 18'th Nov 2024
U.S. stocks traded mostly higher midway through trading, with the Nasdaq Composite gaining by more than 100 points on Monday.
82-year old Singapore oil tycoon is sentenced to 17 1/2 years in jail
12:16pm, Monday, 18'th Nov 2024
Singapore oil tycoon OK Lim, one of the country's wealthiest men, has been sentenced to 17.5 years in jail for cheating HSBC and instigating forgery. Weilun Soon looks at one of Singapore's biggest tr
Crude Oil Price Forecast – Crude Looks Ready For a Short Term Bounce
09:30am, Monday, 18'th Nov 2024
The crude oil markets are a bit mixed in the early hours of Monday, as the two markets that I follow here at FX Empire are sitting on major support levels. Because of this, the short-term traders out
Croft: Enforcing sanctions will drop Iranian oil exports
08:13am, Monday, 18'th Nov 2024
Helima Croft discusses the potential impact of Chris Wright as Secretary of Energy, expecting less regulation and a rollback of Biden's LNG pause. She highlights the role of shareholder demands in dri
Why Big Oil Doesn't Mind Big Regulation
07:00am, Monday, 18'th Nov 2024
Donald Trump's call to undo Biden-era regulation isn't welcome news for all fossil-fuel producers.
Oil prices rise after U.S. approves Ukraine use of long-range missiles inside Russia
06:48am, Monday, 18'th Nov 2024
Oil futures were finding some buying interest Monday morning after a weekend decision by President Joe Biden to allow Ukraine to use U.S.-supplied long-range missiles to strike deeper inside Russia.
Oil News: Tensions in Ukraine Drive Crude Oil Higher Amid Bearish Market Sentiment
05:36am, Monday, 18'th Nov 2024
Tensions escalate in Ukraine, lifting oil prices temporarily, while weak Chinese demand and surplus forecasts maintain bearish market sentiment.
Natural Gas and Oil Forecast: China's Sluggish Demand Weighs on Price Recovery
01:53am, Monday, 18'th Nov 2024
China's declining refinery output and weak demand weigh on price recovery, despite geopolitical tensions and market volatility.
Oil prices edge higher after Russia-Ukraine tensions escalate
08:45pm, Sunday, 17'th Nov 2024
Oil prices edged up on Monday after fighting between Russia and Ukraine intensified over the weekend, although concerns about fuel demand in China, the world's second-largest consumer, and forecasts o
