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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
U.S. Crude Oil Stockpiles Rise More Than Expected
11:10am, Wednesday, 09'th Oct 2024
Inventories rose for a second consecutive week as production picked up and refineries reduced their capacity use, the EIA said.
Crude Oil Price Forecast – Crude Oil Continues to See Pressures
09:54am, Wednesday, 09'th Oct 2024
The crude oil market has fallen significantly over the last day or two, as the market will continue to see a lot of questions asked about the global demand picture, as well as the geopolitics, which i
Top Kazakh oil field hits record output amid tensions with OPEC+, sources say
09:35am, Wednesday, 09'th Oct 2024
Kazakhstan's biggest oil field Tengiz, operated by U.S. major Chevron , boosted output to a record high in October, sources told Reuters, potentially complicating the country's future efforts to compl
US stock markets rebounded, led by a tech rally and falling oil prices
09:02am, Wednesday, 09'th Oct 2024
On Tuesday, the US stock market rallied after a plunge of more than 1% the previous day. The S&P 500 index rose by 0.97%, fueled by the "Magnificent 7" group led by AI giant Nvidia (NVDA, Financial, w
2025 will 'definitely' be a problematic year for oil, says OPIS' Tom Kloza
08:27am, Wednesday, 09'th Oct 2024
Tom Kloza, OPIS global head of energy analysis, joins 'Squawk Box' to discuss the state of the oil market, what of the recent fluctuations in oil prices, market outlook, and more.
U.S. crude oil drifts lower, trades below $74 per barrel after selloff
08:14am, Wednesday, 09'th Oct 2024
Goldman Sachs sees global benchmark Brent jumping as much as $20 if an Israeli strike disrupts Iranian crude oil production.
Oil prices extend retreat after industry data shows rise in U.S. crude inventories
07:56am, Wednesday, 09'th Oct 2024
Oil futures were lower Wednesday morning ahead of official data on U.S. inventories, extending a sharp pullback seen the previous session on prospects for a cease-fire between Israel and Hezbollah.
Oil News: Bearish Oil Outlook Emerges as EIA Cuts Demand and Price Forecasts
07:33am, Wednesday, 09'th Oct 2024
Crude oil futures dip as U.S. inventories surge 11M barrels, overshadowing Middle East risks and testing key $73.28 support level.
Israel-Iran Tension Puts Oil Market Risk at Highest Since 1970s: Analyst Says
07:27am, Wednesday, 09'th Oct 2024
Global oil supplies face the highest risk in decades amid conflicts involving key producers Iran and Russia, said veteran commodities analyst Jeff Currie. If Israel strikes Iranian oil facilities it c
Natural Gas and Oil Forecast: EIA Cuts Demand Outlook Amid Weak Industrial Growth
02:22am, Wednesday, 09'th Oct 2024
EIA lowers 2024 oil demand forecast due to weak U.S. and China growth. Geopolitical tensions and price volatility remain key concerns for energy markets.
Oil prices steady after sliding on potential Israel-Hezbollah ceasefire
10:55pm, Tuesday, 08'th Oct 2024
Oil prices steadied in Asian trading on Wednesday, as traders weighed uncertainty surrounding developments in the Middle East conflict against continued bearish fundamentals.
Oil Edges Higher as Markets Weigh Supply and Demand Worries
08:52pm, Tuesday, 08'th Oct 2024
Oil edged higher in early Asian trade, as markets weigh supply and demand side concerns.
Tech, Nvidia lead stocks higher as oil prices retreat, China rally stalls
06:37pm, Tuesday, 08'th Oct 2024
To get the latest market news check out finance.yahoo.com US stocks closed higher across the board on Tuesday as investors welcomed a rebound in tech and a pullback in surging oil prices, putting the
Oil Prices Drop Over 4.6% as Middle East Tensions Ease
03:30pm, Tuesday, 08'th Oct 2024
International crude oil futures prices fell more than 4.6% as geopolitical tensions in the Middle East showed no signs of actual oil supply disruptions. West Texas Intermediate (WTI, Financial) crude
Despite Recent Rally, Oil Markets Stay Bearish
03:02pm, Tuesday, 08'th Oct 2024
Strong economic data from China is required for sustainable upside in the oil markets.
