$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
OPEC's Production Pause Halts Oil's Slide
12:12pm, Thursday, 05'th Sep 2024
The agreement means that the market is less worried about oversupply heading into the fall.
Crude Inventories Decline By 6.9 Million Barrels
11:14am, Thursday, 05'th Sep 2024
EIA natural gas storage build of +13 Bcf missed analyst estimates.
OPEC+ members delay plans to hike production by two months after oil price slump
10:34am, Thursday, 05'th Sep 2024
Members of the OPEC+ oil alliance have delayed plans to hike production by a scheduled 180,000 barrels per day in October, according to two OPEC+ sources, who could only speak anonymously due to the s
Crude Oil Price Forecast – Crude Oil Continues to Drift Lower
10:25am, Thursday, 05'th Sep 2024
The oil market continues to see selling pressure, as we are trying to sort out whether or not the bottom will hold. The market has been range bound for some time now, and we are at extreme lows, and t
Natural Gas News: Futures Test Key Pivot at $2.145 as Market Awaits EIA Storage Report
08:27am, Thursday, 05'th Sep 2024
Natural gas futures test key pivot at $2.145, with EIA report expected to spark volatility. Mild weather limits demand, but LNG exports provide price support.
U.S. crude oil trades above $69 per barrel after two straight days of losses
08:25am, Thursday, 05'th Sep 2024
The U.S. benchmark has shed more than 5% this week, while the Brent global benchmark is down 7.2%. Crude oil futures have lost all gains for the year.
Oil prices attempt bounce off 2024 lows after inventory drop as traders watch OPEC+
07:50am, Thursday, 05'th Sep 2024
Oil futures rose Thursday, attempting to get their footing after falling to their lows of 2024 on fears of an economic slowdown.
OPEC+ nearing agreement to delay oil output hike, sources say
07:23am, Thursday, 05'th Sep 2024
OPEC+ is nearing an agreement to delay an oil output increase scheduled to start in October after oil prices hit their lowest in nine months, two sources from the producer group told Reuters on Thursd
Oil News: Crude Prices Stabilize on U.S. Inventory Drop as OPEC+ Weighs Supply Delay
07:00am, Thursday, 05'th Sep 2024
Oil prices rise as U.S. crude inventories plunge and OPEC+ considers delaying output hikes. Read the latest on demand concerns and price forecasts.
Why it's ‘practically impossible' for OPEC+ to boost oil output now
07:00am, Thursday, 05'th Sep 2024
Signs of weaker oil demand have pulled prices for the commodity to their lowest levels of the year, complicating plans by major oil producers to increase crude production in the fourth quarter.
Weak China Demand Hurts Oil, OPEC+ Nears Deal to Postpone Output Increase
06:21am, Thursday, 05'th Sep 2024
Oil prices edged higher after hitting a 14-month low on weak China demand, as OPEC+ closes in on an agreement to postpone a planned production increase. Bloomberg's Will Kennedy reports.
IEO: Following Macroeconomic Threads Makes Us Wary Of Oil
04:53am, Thursday, 05'th Sep 2024
The iShares U.S. Oil & Gas Exploration & Production ETF is heavily exposed to oil prices, with 75.5% of assets in E&P stocks. Macro concerns include China's struggling economy and US industrial hesita
Natural Gas and Oil Forecast: Will OPEC+ Delay Boost Oil Prices Amid Bearish Trends?
01:54am, Thursday, 05'th Sep 2024
OPEC+ delays and a strong U.S. dollar impact oil prices. Market sentiment remains bearish with key resistance levels posing challenges for further upside.
This Oil advisory thinks that current price pressure is here to stay.
01:14am, Thursday, 05'th Sep 2024
Andy Lipow, President of Lipow Oil associates believes that the supply picture for oil remains intact despite geopolitical tensions in the Middle East, and talks more about the faltering demand for oi
Oil steady as investors weigh weak demand, potential delay to OPEC+ output hike
08:26pm, Wednesday, 04'th Sep 2024
Oil was attempting to hold its line in early trade on Thursday after an overnight sell-off, as players grappled with weak demand alongside a possible delay to more supply entering the market next mont
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