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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
US oil output in top shale regions to hit six-month high in June - EIA
11:42am, Monday, 13'th May 2024
U.S. oil output from top shale-producing regions will rise in June to its highest in six months, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Mo
Seeing negative spillovers from natural gas bear market to oil demand: Goldman Sachs' Daan Struyven
08:38am, Monday, 13'th May 2024
Daan Struyven, Goldman Sachs head of oil research, joins 'Squawk Box' to discuss the state of the oil and commodities market, impact of high rates on oil prices, oil demand and supply trends, and more
Oil prices edge higher to kick off the week
06:56am, Monday, 13'th May 2024
Oil futures edged higher early Monday as traders weighed signs of soft fuel demand against expectations the Organization of the Petroleum Exporting Countries and its allies will extend production cuts
Crude Oil News Today: Volatility Highlighted Amid Economic, Rate Uncertainty
05:34am, Monday, 13'th May 2024
Given the current economic indicators and market sentiment, the outlook for crude oil prices remains bearish in the short term.
Focus: Eni eyes new oil and gas spin-offs in energy transition satellite strategy
03:04am, Monday, 13'th May 2024
Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carb
BNP Strategist Says $90 is the Sweet Spot for Oil
02:26am, Monday, 13'th May 2024
Aldo Spanjer, BNP Paribas, Senior Commodities Desk Strategist discusses where oil prices may be headed. He speaks with Joumanna Bercetche on Horizons Middle East & Africa.
Natural Gas and Oil Forecast: Energy Prices Dips; Can NG Bounce-off Above $2.20?
01:47am, Monday, 13'th May 2024
Amid fluctuating energy markets, Natural Gas eyes a pivotal $2.20 level for a potential rebound as oil prices also show signs of strain.
Oil extends decline on signs of weak fuel demand, strong dollar
08:48pm, Sunday, 12'th May 2024
Oil prices extended declines on Monday amid signs of weak fuel demand and as comments from U.S. Federal Reserve officials dampened hopes of interest rate cuts, which could slow growth and crimp fuel d
Iraq is committed to OPEC's oil output cuts, minister says
08:47am, Sunday, 12'th May 2024
Iraq is committed to voluntary oil production cuts agreed by the Organization of the Petroleum Exporting Countries (OPEC) and is keen to cooperate with member countries on efforts to achieve more stab
Niger PM says Benin's oil export blockade violates accords
08:11am, Sunday, 12'th May 2024
Niger's Prime Minister Ali Mahaman Lamine Zeine said on Saturday that Benin's blockade of Niger's oil exports, imposed in response to a border closure, violated trade agreements between the two countr
What's So Bad About Fixing Oil Prices?
07:00am, Sunday, 12'th May 2024
A U.S. oil CEO's alleged collusion with OPEC isn't as alarming or evil as it seems.
Chinese companies win more bids to explore for Iraq oil and gas
04:48am, Sunday, 12'th May 2024
Chinese companies ZhenHua and CNOOC Iraq have won bids to explore Iraqi oil and gas fields, Iraq's oil minister said as the Middle East country's hydrocarbon exploration licensing round continued into
Iraq won't agree to future OPEC+ oil production cuts, oil minister says
01:31pm, Saturday, 11'th May 2024
Iraq's oil minister said that Iraq has made enough voluntary oil production cuts and will not agree to any future cuts taken by the Organization of the Petroleum Exporting Countries and allies includi
Crude Oil News Today: How Will U.S. Inflation Data Impact Oil Markets?
05:11am, Saturday, 11'th May 2024
Investors should closely watch U.S. inflation data and global events, as they will significantly influence crude oil trends in the coming weeks.
Iraq launches oil and gas licensing round for 29 projects
04:17am, Saturday, 11'th May 2024
Iraq is holding an oil and gas licensing round for 29 projects in a bid to develop its huge gas reservoirs to help power the country and lure billions of dollars in investments.
