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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil prices steady as markets debate Middle East crisis and OPEC supply
08:38pm, Monday, 08'th Jan 2024
Oil prices steadied in early trade on Tuesday after sliding in the previous session, as markets weighed Middle East tensions against demand worries and rising OPEC supply.
Why Are Oil Prices Down Today?
03:24pm, Monday, 08'th Jan 2024
Oil prices are in focus as investors price in the impact of various macro factors on commodity prices today. For those invested in companies dealing in WTI crude, the 4% drop seen in early afternoon t
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 4.8% As Saudi Arabia Cuts Prices For February
12:40pm, Monday, 08'th Jan 2024
Saudi Arabia reduced prices of its oil for February delivery for all customers.
IEO: US Inventory Replenishments Could Lead To Resumed Mandated Supply Cuts
12:10pm, Monday, 08'th Jan 2024
Restocking of US Inventory May Result in Continued Enforced Supply Reductions.
Oil falls more than 4% as Saudi price cut heightens global demand worries
10:01am, Monday, 08'th Jan 2024
Oil declined more than 4% on Monday after Saudi Arabia slashed its prices, raising renewed worries that the market is oversupplied at the same time as demand is weakening.
Oil Prices Forecast: Bearish Winds Driven by Saudi Price Cuts
01:12am, Monday, 08'th Jan 2024
Saudi OSP cuts, increased crude oil production, and rising US rig counts signal bearish market, hinting oversupply.
Oil slips as higher OPEC supply, Saudi price cuts offset Mideast worries
08:06pm, Sunday, 07'th Jan 2024
Oil prices dipped in early trade on Monday on sharp price cuts by top exporter Saudi Arabia and a rise in OPEC output, offsetting worries about escalating geopolitical tensions in the Middle East.
Oil Prices Forecast: Middle East Strains, Economic Challenges in Focus This Week
11:02pm, Saturday, 06'th Jan 2024
The upcoming week's oil market is poised for volatility amid Middle East tensions and pivotal economic data.
Oil Prices Weighed Down by Massive Build in Fuel Inventories
01:32pm, Friday, 05'th Jan 2024
We remain optimistic about near-term prices for crude and advise investors to buy stocks like MUSA, OII and SUN.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground Amid Rising Tensions In The Middle East
01:20pm, Friday, 05'th Jan 2024
Oil traders focus on geopolitical developments ahead of the weekend.
Oil to remain volatile in 2024, says BofA
12:48pm, Friday, 05'th Jan 2024
U.S. oil companies and refiners are likely to face another challenging 12 months in 2024, Bank of America (BofA) analysts wrote in a note on Friday, who expect Brent crude to average $80 per barrel th
U.S. crude futures rise $2 on Middle East tensions
11:59am, Friday, 05'th Jan 2024
U.S. crude futures rose more than $2 on Friday as U.S. Secretary of State Antony Blinken prepared to visit the Middle East in an attempt to contain flaring regional tensions as the Israel-Hamas confli
Crude Oil Weekly Price Forecast – Crude Oil Markets Have Significant Bounce During The Week
11:38am, Friday, 05'th Jan 2024
Crude oil markets initially fell during most of the week, but then turned around to show signs of life again as we continue to see a lot of noise in a well-defined consolidation region.
Crude Oil Price Forecast – Crude Oil Markets Have a Positive Friday
10:37am, Friday, 05'th Jan 2024
Crude oil markets have rallied on Non-Farm Payroll Friday, showing that perhaps people are getting hopeful on demand or perhaps even global growth.
Big Impairment Charges Don't Mean Much for Big Oil
10:14am, Friday, 05'th Jan 2024
The country's two supermajor oil companies have announced big impairment charges that will be included in their fourth-quarter results.
