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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
U.S. crude oil on pace for second weekly again as gasoline demand surges
08:47am, Friday, 21'st Jun 2024
U.S. crude oil has gained 3.6% for the week. Gasoline demand last week surged to the highest level for that period since the pandemic ended, according to JPMorgan.
Oil prices on track for solid weekly gains on fears of wider Middle East conflict
07:57am, Friday, 21'st Jun 2024
Oil futures ticked lower Friday, but remained on track for solid weekly gains as investors gauged the potential for a wider Middle Eastern conflict that could endanger crude flows from the region, whi
Crude Oil News Today: Gains Capped as Interest Rate Worries Persist
06:15am, Friday, 21'st Jun 2024
Despite concerns over high interest rates and their potential impact on economic growth and oil demand, the crude oil market has shown resilience.
Shell preferred over BP as crude price tipped to return to $90 per barrel
06:10am, Friday, 21'st Jun 2024
Analysts at JP Morgan prefer Shell PLC (LSE:SHEL, NYSE:SHEL) over BP PLC (LSE:BP.) whilst seeing upside for both of London's oil majors, with crude prices tipped to head back toward $90 per barrel in
Shitole: Expect Increased Oil volatility
03:10am, Friday, 21'st Jun 2024
Amol Shitole, Mashreq Capital, Head of Fixed Income expects oil volatility to increase due to geopolitics and OPEC+ supply. He also discusses Saudi oil and non-oil revenue, and the MENA sovereign and
Natural Gas and Oil Forecast: Oil Sees 7-Week High, Gasoline Down 2.3M Barrels
02:00am, Friday, 21'st Jun 2024
Oil prices have surged to a seven-week high, bolstered by a 2.3 million barrel drop in gasoline inventories.
Oil prices slip as rate hike worries come into focus
08:41pm, Thursday, 20'th Jun 2024
Crude oil futures slid in early trade on Friday on the prospect of higher-for-longer interest rates in Asia and the United States, while falling U.S. oil inventories kept prices from moving lower.
Crude Oil Price Forecast: Heading Towards Possible Resistance at 61.8% Fibonacci Level
05:44pm, Thursday, 20'th Jun 2024
Crude oil approaches critical resistance at 82.26, with potential for continued rally or consolidation, signaling an increase in market volatility.
Investment committee talks the energy trade as oil hits $80 per barrel
02:39pm, Thursday, 20'th Jun 2024
The Investment Committee debate the energy sector as oil hits $80 a barrel.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Mixed After EIA Report
02:32pm, Thursday, 20'th Jun 2024
Oil markets are swinging between gains and losses as some traders are taking profits off the table near multi-week highs.
Crude Inventories Decline By 2.5 Million Barrels
11:16am, Thursday, 20'th Jun 2024
Gasoline inventories decreased by 2.3 million barrels from the previous week.
Crude Oil Price Forecast – Crude Oil Markets Continue to Build Base For Launch
09:40am, Thursday, 20'th Jun 2024
The crude oil markets rallied slightly during the early hours on Thursday as it looks like we are building a bit of a base for the next swing higher. At this point in time, I remain bullish on this ma
U.S. crude oil holds above $81 per barrel, on pace for second weekly gain in a row
08:39am, Thursday, 20'th Jun 2024
West Texas Intermediate is on pace for a second consecutive weekly gain. JPMorgan is forecasting Brent will hit $90 by September on summer fuel demand.
Oil futures hover near 7-week highs ahead of U.S. inventories data
06:56am, Thursday, 20'th Jun 2024
Oil futures were little changed early Thursday, hovering near their highest since late April, as U.S. traders returned from a midweek holiday break and awaited official data on inventories.
Supreme Court decision on Horse Hill oil wells 'will make it harder for new fossil fuel projects'
06:50am, Thursday, 20'th Jun 2024
Environmental protestors said the Supreme Court ruling over the Horse Hill oil wells is a "watershed moment" for the fossil fuel industry, said lawyer Friends of the Earth, making it harder for new f
