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Buy IEO
$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil edges lower as demand worries weigh on crude
07:57am, Friday, 19'th Jul 2024
Oil futures edged lower early Friday, with worries about the demand outlook out of China putting a damper on crude this week, while supply concerns have helped limit downside.
Oil News: Strong Dollar Caps Gains Despite U.S. Stockpile Draw
05:40am, Friday, 19'th Jul 2024
Oil prices stabilize as U.S. stockpile draw offsets China demand concerns. OPEC+ plans to unwind cuts.
Trump Vows Action on Oil, Immigration on 'Day One'
02:03am, Friday, 19'th Jul 2024
Former President Donald Trump accepted the Republican nomination for President. Patrick Schoettmer, Seattle University, Associate Professor of Political Science, discusses with Joumanna Bercetche on H
Natural Gas and Oil Forecast: USOIL Slips to $80.70; More Sell-off Ahead?
01:36am, Friday, 19'th Jul 2024
USOIL drops to $80.70 amid a strong dollar and economic uncertainty, raising concerns about potential further sell-offs.
China's cooking oil scandal prompts residents to buy oil presses amid food safety concerns
11:01pm, Thursday, 18'th Jul 2024
China's authorities have launched an investigation after a local report revealed that a major state-owned company had been employing tankers used for carrying fuel to transport cooking oil. Other truc
Crude Oil Price Forecast: Bull Signal Above 84.69
04:44pm, Thursday, 18'th Jul 2024
Crude oil's resistance at $83.69 marks a pivotal point. A breakout could confirm strength and lead to higher targets, with $87.90 in sight.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Flat As Traders Stay Focused On Fed Policy Outlook
02:25pm, Thursday, 18'th Jul 2024
From a big picture point of view, oil traders ignore worries about China's demand and focus on the upcoming start of the Fed rate cut cycle.
What a Trump presidency means for Big Oil and energy stocks
01:55pm, Thursday, 18'th Jul 2024
Former President Donald Trump is scheduled to formally accept his Republican party nomination and speak at the Republican National Convention (RNC) tonight. The energy sector (XLE) will be hanging on
Crude Oil Price Forecast – Crude Oil Hesitates After Big Move
08:41am, Thursday, 18'th Jul 2024
The crude oil market has ran into a significant amount of hesitation after a big move and has started to pull back a bit. With this, the market will be looking for a bounce just below.
U.S. oil holds to gains after three weeks of crude inventory declines
08:24am, Thursday, 18'th Jul 2024
U.S. oil jumped 2.6% in the previous session after crude inventories declined.
OPEC+ unlikely to change oil output policy at Aug 1 JMMC meeting, sources say
07:29am, Thursday, 18'th Jul 2024
A mini OPEC+ ministerial meeting next month is unlikely to recommend changing the group's output policy, including a plan to start unwinding one layer of oil output cuts from October, three sources to
Oil prices struggle for direction after fall in crude inventories sparks bounce
06:56am, Thursday, 18'th Jul 2024
Oil futures were straddling either side of unchanged early Thursday, struggling to build on gains seen the previous session after government data showed a larger-than-expected drop in U.S. crude inven
Oil News: US Inventory Drop Spurs Crude Oil Price Surge
05:16am, Thursday, 18'th Jul 2024
US crude oil prices surge with a 4.9 million barrel inventory decline, indicating robust demand. Learn how global factors influence today's oil market.
Natural Gas and Oil Forecast: Oil Rallies on US Stockpiles Drop, Brent at $85
02:20am, Thursday, 18'th Jul 2024
Brent crude oil hovers above $85, reflecting a bullish sentiment in the oil market as traders anticipate further gains.
Oil prices rise on bigger-than-expected drop in US crude stocks
09:03pm, Wednesday, 17'th Jul 2024
Oil prices ticked higher on Thursday, buoyed by a bigger-than-expected weekly decline in U.S. crude stocks.
