$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Falling oil prices and China concerns add fuel to market fears of a U.S. recession
03:20pm, Tuesday, 10'th Sep 2024
Concerns about China's economy have dulled the outlook for energy demand — contributing to a drop in U.S. and global oil prices to their lowest levels in over two years on Tuesday, while exacerbatin
Crude Oil Dips Over 4%; OPEC Cuts Global Oil Demand Outlook
02:20pm, Tuesday, 10'th Sep 2024
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining over 100 points on Tuesday.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 4.5% As OPEC Cuts Demand Forecasts
02:19pm, Tuesday, 10'th Sep 2024
Oil markets suffered a strong sell-off amid demand concerns.
OPEC Report Pushes Oil Prices To New Lows
12:16pm, Tuesday, 10'th Sep 2024
OPEC lowered global oil demand growth forecasts for 2024 and 2025.
Crude Oil Price Forecast – Crude Oil Looking For a Bottom
10:23am, Tuesday, 10'th Sep 2024
The crude oil market is in trouble, serious trouble. At this point in time, it is desperately hanging onto the last vestiges of support, trying to bounce.
Oil Market Faces Long-Term Pressure As China Pushes for Clean Energy Solutions
10:14am, Tuesday, 10'th Sep 2024
The oil market faces long-term pressure as global clean energy initiatives continue to escalate.
Oil prices fall, but UBS sees recovery on the way
09:32am, Tuesday, 10'th Sep 2024
Brent crude prices fell nearly a percentage point on Tuesday, with futures price currently at US$71.15 a barrel. US crude, meanwhile, fell to a 16-month low of US$68.3 a barrel.
U.S. crude oil sheds gains, falls more than 1% to trade below $68 per barrel as OPEC cuts forecast
08:44am, Tuesday, 10'th Sep 2024
OPEC cut its demand growth forecast for the second time in as many months. Softening demand expectations in China are weighing on the oil market.
OPEC again lowers 2024, 2025 global oil demand growth view
08:02am, Tuesday, 10'th Sep 2024
OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the producer group's second cons
Oil futures give back chunk of Monday bounce after disappointing China data
06:56am, Tuesday, 10'th Sep 2024
Oil futures fell Tuesday, with concerns about demand from China back in focus after another round of lackluster economic data.
Oil News: Crude Prices Fall as Weak Chinese Demand Pressures Market Outlook
05:49am, Tuesday, 10'th Sep 2024
Oil prices drop as weak Chinese demand offsets U.S. supply disruptions. Traders eye OPEC's report and U.S. forecasts for signs of a market reversal.
Investors are 'dramatically overestimating' an oil glut, Carlyle's Jeff Currie says
02:14am, Tuesday, 10'th Sep 2024
Concerns about a supply glut in the markets are "completely overplayed," Carlyle's Jeff Currie said at the annual APPEC conference held in Singapore. While China's economy stays sluggish, China's stal
Natural Gas and Oil Forecast: Will OPEC+ Delays and Gulf Storm Boost Prices?
01:58am, Tuesday, 10'th Sep 2024
Oil and gas prices face pressure as OPEC+ postpones production increases, while China's demand slowdown drives bearish market sentiment.
Oil steady as supply disruptions from Storm Francine offset weak demand
08:25pm, Monday, 09'th Sep 2024
Oil was steady in early trade on Tuesday as investors weighed supply disruptions from Tropical Storm Francine and the potential for further output cuts against persistently weak Chinese demand.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On Potential Hurricane In The Gulf Of Mexico
02:06pm, Monday, 09'th Sep 2024
Oil prices rebound from yearly lows.
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