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Buy IEO
$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil prices hold firm as traders wait on U.S. stockpile data for signs of where demand is heading
08:48am, Wednesday, 03'rd Jul 2024
Gasoline prices are averaging $3.51 per gallon ahead of the Fourth of July, up about 2 cents from last week.
Babin: 2025 will be ugly for the oil markets as demand dynamics shift
07:04am, Wednesday, 03'rd Jul 2024
Rebecca Babin, Senior Energy Trader at CIBC Private Wealth, discusses oil prices in response to the summer driving season and Hurricane Beryl.
Oil prices steady after industry data shows large drop in U.S. crude inventories
06:37am, Wednesday, 03'rd Jul 2024
Oil futures were trading near unchanged early Wednesday after giving back earlier gains sparked by industry data showing a large drop in U.S. crude inventories.
Crude Oil News Today: Underpinned as API Inventory Draw Exceeds Expectations
05:57am, Wednesday, 03'rd Jul 2024
Shrinking U.S. inventories, geopolitical risks, and anticipated strong summer demand create a supportive environment for crude oil prices.
Natural Gas and Oil Forecast: NG Slips 0.80%; Time for Bullish Bounce?
02:25am, Wednesday, 03'rd Jul 2024
Natural gas prices dropped to $2.442, down 0.81%, raising questions about a potential bullish reversal amidst inventory drawdowns and Middle East tensions
Hurricane Beryl: How Is it Affecting Oil Markets?
02:12am, Wednesday, 03'rd Jul 2024
Hurricane Beryl has devastated several islands in the eastern Caribbean, but it is forecast to lose some strength before it reaches Jamaica. It will likely still be a major storm, with winds in excess
Oil prices inch up on large US crude stock draw
09:13pm, Tuesday, 02'nd Jul 2024
Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, boosting hopes of solid fuel demand during the summer driving
RBC's Helima Croft talks impact of Hurricane Beryl and Middle East tensions on oil markets
08:24pm, Tuesday, 02'nd Jul 2024
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Crude Oil Price Forecast: Reverses at Key Resistance, Forms Bearish Pattern
04:50pm, Tuesday, 02'nd Jul 2024
Crude oil's rally to 84.64 reversed at key resistance, forming a bearish shooting star pattern and indicating a likely pullback before another breakout attempt.
The Supply & Demand of Crude Oil This Summer
03:38pm, Tuesday, 02'nd Jul 2024
Oil prices are higher in hopes of a robust summer driving season, notes Ellen Wald. She and David Hay discuss oil and gas, as crude oil remains above the $80 level.
Top US Energy Advisor Says Oil and Gas Supply Are Stable
02:34pm, Tuesday, 02'nd Jul 2024
Amos Hochstein, deputy assistant to the President, and senior advisor for energy and investment, says the US gas and oil supply are stable. He says there is enough oil in the Strategic Petroleum Reser
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Profit-Taking
02:29pm, Tuesday, 02'nd Jul 2024
Oil traders take some profits off the table near multi-week highs.
Crude Awakening: Will Oil Prices Surge Past $95 Before Year-End?
02:22pm, Tuesday, 02'nd Jul 2024
Crude oil outlook turns bullish, driven by OPEC+ cuts, summer demand surge, and Middle East tensions. China's recovery crucial for sustained rally.
Oil prices rise on looming Hurricane Beryl risk, Middle East tensions
12:30pm, Tuesday, 02'nd Jul 2024
Oil prices (BZ=F, CL=F) are rising as Hurricane Beryl quickly turns into a Category 5 storm, moving through the Caribbean into the Gulf of Mexico. Meanwhile, tensions in the Middle East continue, furt
Crude Oil Price Forecast – Crude Oil Continues to See Buyers
09:39am, Tuesday, 02'nd Jul 2024
The crude oil market has been bullish for some time, and at this point in time, I think a lot of traders are jumping into this market to take advantage of the summer demand. Furthermore, there are a l
