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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
With WTI hovering at $73, the market faces uncertainty. Is a deeper downtrend ahead, or could a rebound be on the horizon?
Carole Nakhle, founder and director of Crystol Energy consultancy, discusses geopolitics and how it relates to the oil market outlook.
Oil prices slipped on Wednesday on estimates showing swelling U.S. crude inventories and expectations that tensions in the Middle East were easing following a tour of the region by mediators.
Crude oil's bearish retracement found support at $73.87. A reversal is possible, targeting $81.96, if lower resistance levels are overcome.
Oil traders stay focused on Gaza ceasefire deal negotiations.

Why corn below $4 is similar to oil below $40

11:59am, Tuesday, 20'th Aug 2024
Corn prices have dropped below $4 a bushel to their lowest levels in nearly four years on ample U.S. supplies, but their “shared history” with U.S. crude oil may offer the biggest clue on what the
The crude oil market continues to see a lot of noise at low levels, as the traders around the world are looking into the idea of whether or not we can find a foothold. At this point, this is a market
Soft demand in Asia is weighing on oil prices. The U.S. is still trying to clinch a cease-fire deal in Gaza.
Decades ago, during a presidential election, I created a homemade political button which read “54 40 or fight.” That was the slogan of those who wanted the U.S. to seize all of Oregon country, whi
Oil futures edged higher Tuesday morning, consolidating after ending the previous session at their lowest since Aug. 6 in response to hopes for a cease-fire between Israel and Hamas as well as concern
Amena Bakr, senior research analyst at Energy Intel, says that's especially after the killing of Hamas leader Ismail Haniyeh, which could still prompt a reaction from Iran.
Oil prices edged lower on Tuesday as Israel accepted a proposal to tackle disagreements blocking a ceasefire deal in Gaza, helping ease worries about a supply disruption in the Middle East.
Francisco Blanch, Commodity & Derivative strategist at BofA Europe, joins 'Fast Money' to talk the oil trade.

Oil & Gas Producer ETFs: Refine Your Exposure

11:55am, Monday, 19'th Aug 2024
Energy investors have a wide range of ETFs at their disposal, whether looking for broad energy exposure or certain subsectors. However, not all subsector ETFs are the same, especially when looking at
Rohan Reddy, director of research at Global X, provides his outlook for oil markets amid rising tensions in the Middle East.
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