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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
This admin has policies that ‘strangle' oil supply: Rick Perry
04:00am, Saturday, 25'th May 2024
Former Texas Gov. Rick Perry discusses how Democrats are blaming high gas prices on the oil companies on ‘Maria Bartiromo's Wall Street.
Crude Oil News Today: Will High Inventories and Fed Policy Keep Prices Low?
03:35am, Saturday, 25'th May 2024
Crude oil prices face a bearish short-term outlook due to unexpected inventory increases and concerns over potential Fed interest rate hikes.
Oil on track for weekly loss over demand concerns
05:20pm, Friday, 24'th May 2024
Oil looked set for a weekly loss on Friday after prices retreated Thursday amid concerns that inflation will stay higher for longer and hamper demand.
'NOT TRUE': Economist refutes Biden's claim about selling off US oil reserve
05:00pm, Friday, 24'th May 2024
Heritage Foundation economist Steve Moore reacts to the Biden administration selling 42 million gallons of gas from its reserves in an attempt to reduce prices at the pump on 'The Big Money Show.' #f
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Multi-Month Lows
02:36pm, Friday, 24'th May 2024
Oil markets are moving higher as traders bet on a rebound.
US drillers cut oil and gas rigs for fourth time in five weeks - Baker Hughes
01:12pm, Friday, 24'th May 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Crude Weekly Price Forecast – Crude Oil Continues to Find Buyers Underneath
12:05pm, Friday, 24'th May 2024
It's worth noting that the summer travel season, of course, puts a lot of demand for petroleum.
Crude Oil Price Forecast – Crude Oil Continues to Find Buyers on Dips
11:24am, Friday, 24'th May 2024
The oil markets found a little bit of support on Friday, gapping higher to kick off the session. This is a market that has been weathering a bit of a storm lately, and therefore it has proven its reso
What is OPEC+ and how does it affect oil prices?
10:58am, Friday, 24'th May 2024
The Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia are known collectively as OPEC+ and will meet on June 2 to discuss their joint oil production policy.
Copper prices to quadruple on surging green demand, legendary oil trader Pierre Andurand says
08:02am, Friday, 24'th May 2024
This is what world-renowned hedge fund manager Pierre Andurand reportedly said about copper markets as he predicted the price of the critical metal is set to quadruple to heights of $40,000 a ton over
Oil prices hit three-month lows, head for weekly loss as summer driving season kicks off
07:59am, Friday, 24'th May 2024
U.S. crude oil hit an intraday low of $76.15, the lowest level since Feb. 26. WTI and Brent are on pace for a weekly loss of about 4% and 3%, respectively.
Oil prices on track for 5-day losing streak
07:42am, Friday, 24'th May 2024
Oil futures fell Friday morning, on track for a fifth straight decline as traders noted concerns that the Federal Reserve may keep interest rates elevated for longer than previously anticipated, posin
Crude Oil News Today: Fed Concerns Weigh Despite Robust US Fuel Demand
06:27am, Friday, 24'th May 2024
Considering the economic backdrop, the hawkish Fed and OPEC+ supply decisions, the crude oil market outlook is bearish.
Natural Gas and Oil Forecast: Oil Fell Over 3% This Week; More Downside Ahead?
01:46am, Friday, 24'th May 2024
With oil falling over 3% this week, market analysts question the impact of Federal Reserve policies and OPEC+ decisions.
China's CNOOC signs oil exploration contract with Mozambique
09:58pm, Thursday, 23'rd May 2024
A subsidiary of state-run China National Offshore Oil Co , has signed oil exploration and production contracts with Mozambique's energy ministry and national energy company ENH, Chinese media said on
