Sign In
Buy IEO
$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil prices edge higher after weekly loss as Goldman sees supply deficit on summer fuel demand
08:51am, Monday, 10'th Jun 2024
Oil prices rose Monday after posting a loss last week in the wake of the OPEC+ decision to increase production later this year. Goldman Sachs analysts said Brent should rise to $86 in the third quarte
Diamond Offshore Is Being Acquired. The Oil Sector Keeps Consolidating.
08:04am, Monday, 10'th Jun 2024
Noble Corp. is buying Diamond Offshore Drilling in a deal valued at about $1.6 billion.
Oil prices nudge higher after third straight weekly loss
06:50am, Monday, 10'th Jun 2024
Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped send crude to a third straight we
Crude Oil News Today: Gains Support as Bulls Await Next Catalyst
06:27am, Monday, 10'th Jun 2024
Given the expected rise in summer transport demand and projected inventory declines, the short-term outlook for oil prices appears cautiously bullish.
Oil market selloff was 'overdone,' says strategist
05:30am, Monday, 10'th Jun 2024
John Driscoll of JTD Energy Services cautions the market against underestimating Saudi Arabia's energy minister, Abdulaziz bin Salman.
Natural Gas and Oil Forecast: WTI at $75.76, More Upside Ahead or Sell-Off?
01:56am, Monday, 10'th Jun 2024
Oil prices rise to $75.76 on anticipation of higher summer fuel demand, despite the impact of a stronger U.S. dollar.
Oil slips on dollar's strength from US jobs data
08:54pm, Sunday, 09'th Jun 2024
Oil prices nudged lower for a second straight session on Monday, weighed down by a firmer dollar as expectations of interest rate cuts were pushed out further following strong U.S. jobs data on Friday
OPEC's Strategy To Outlast The Shale Boom
02:42pm, Sunday, 09'th Jun 2024
Since 2008, the shale boom has grown U.S. oil production by about 9 million barrels per day. In the early days of the shale boom, when it wasn't clear whether this development would have a significant
Saudi oil giant Aramco's shares rise after stock sale set to raise $11.2 billion
04:42am, Sunday, 09'th Jun 2024
Shares were trading around 28.25 Saudi riyals ($7.53) on the Tadāwul Saudi stock exchange at 11:30 a.m. local time (4:30 a.m.
Crude Oil News Today: Will Hawkish Fed Policy Drive Prices Below $70?
04:19am, Saturday, 08'th Jun 2024
Given the prevailing conditions and the possibility of prolonged high interest rates, the outlook for crude oil remains bearish for the coming week.
Rosneft's Sechin: spare oil production capacity offsets OPEC+ efforts
03:38am, Saturday, 08'th Jun 2024
Igor Sechin, CEO of Russian energy major Rosneft said on Saturday that an increase in spare oil production capacity offset OPEC+ efforts to reduce oil output.
3Fourteen's Warren Pies expects consistent weakness in crude oil ahead
04:06pm, Friday, 07'th Jun 2024
Warren Pies, 3Fourteen Research co-founder, joins 'Closing Bell' to discuss the oil trade, bond market, and jobs data.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat As Traders Ignore Rising Treasury Yields
02:11pm, Friday, 07'th Jun 2024
Oil traders are waiting for additional catalysts after recent volatility.
Crude Oil Weekly Price Forecast – Oil Bounces Nicely to Find Support
01:14pm, Friday, 07'th Jun 2024
The oil market fell in the majority of trading at the beginning of the week. However, we have since bounced enough to show signs of strength, and this is a good sign for some kind of recovery in the s
Crude Oil Price Forecast – Oil Continues to See Attempted Recovery
12:43pm, Friday, 07'th Jun 2024
The crude oil market continues to see a lot of noisy behavior, as the market continues to look for value and support.
