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$119.25
-0.320 (-0.268%)
At Close: Jun 04, 2026
Oil prices drop 6% as worries mount over demand destruction
03:29pm, Wednesday, 04'th Oct 2023
Oil prices fell 6% on Wednesday as worries grow about lower demand and a slowing economy. Reports surfaced that Russia might end its ban on diesel exports, and oil inventories rose in some areas.
U.S. oil futures mark lowest settlement since the end of August
02:58pm, Wednesday, 04'th Oct 2023
Oil futures fell sharply on Wednesday, with U.S. prices settling at their lowest since the end of August. “The current state of the oil market is that global economic pain is coming courtesy of surg
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5.7% As Demand For Gasoline Is Weak
01:59pm, Wednesday, 04'th Oct 2023
The EIA report showed that gasoline inventories increased by 6.5 million barrels from the previous week.
Crude Oil Price Forecast – Crude Oil Markets Plunge on Wednesday
10:03am, Wednesday, 04'th Oct 2023
Crude oil markets have fallen during the trading session on Wednesday to kick off the day, but at this point there remains to be seen whether or not it has any follow-through.
Oil Prices Forecast: OPEC+ Meeting Eyed Amid WTI, Brent Futures Dip
03:00am, Wednesday, 04'th Oct 2023
Amid rising interest rates, the latest Crude Oil News reflects a cautious market outlook as OPEC+ ministers gear up to discuss production policies.
Oil rises on tightening crude supply
08:44pm, Tuesday, 03'rd Oct 2023
Oil rose in early Asian trade on Wednesday, supported by tightening global crude supply ahead of a panel meeting of OPEC+ ministers.
Oil rally shows ‘OPEC+ plan has been working' as investors await next Saudi move
03:25pm, Tuesday, 03'rd Oct 2023
Saudi Arabia's decision a month ago to extend its crude-production cut to the end of the year hasn't yet lifted oil prices past the psychologically important $100-a-barrel level, but it did contribute
India “Will Manage” And Won't Panic If Oil Rises Above $100, Says Energy Minister
03:08pm, Tuesday, 03'rd Oct 2023
While the world's third-largest consumer of crude oil won't panic, the effect could be "recessionary" for many emerging economies, according to Hardeep Singh Puri.
Oil futures end higher after a three-session decline
03:08pm, Tuesday, 03'rd Oct 2023
Oil futures finished higher on Tuesday, recouping a small portion of the price losses seen after three consecutive session declines. The path of least resistance is still higher for oil right now “a
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds After Yesterday's Sell-Off
02:27pm, Tuesday, 03'rd Oct 2023
Oil bulls remain cautious as Treasury yields are moving higher.
Crude Oil Price Forecast – Crude Oil Markets Showing Signs of Support
10:24am, Tuesday, 03'rd Oct 2023
Crude oil markets have initially fallen during the trading session on Tuesday but have turned around to show signs of stability again.
Oil prices steady after pulling back to 3-week lows
07:07am, Tuesday, 03'rd Oct 2023
Oil futures were flat to slightly higher in early trade Tuesday, steadying after a three-session pullback that took crude to roughly three-week lows.
Oil Prices Forecast: WTI, Brent Crude Shaken by Surging Dollar, US Treasury Yields
03:24am, Tuesday, 03'rd Oct 2023
Amidst a climbing U.S. dollar and bond yields, the oil market faces demand pressures, raising questions on OPEC's next production moves.
Crude Oil Prices Reach A 13-Month High
11:35pm, Monday, 02'nd Oct 2023
Last week, crude oil prices reached their highest price since August 2022, with West Texas Intermediate Crude reaching $95/barrel on Thursday. The Commerce Department announced that the trade deficit
Oil falls in early trade on strong US dollar, profit taking
08:36pm, Monday, 02'nd Oct 2023
Oil prices dipped in early Asian trade on Tuesday after falling to a three-week low in the previous session on a strengthening U.S. dollar and traders taking some money off the table from the last qua
