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Buy IEO
$119.57
+1.95 (+1.66%)
At Close: Jun 03, 2026
Oil prices lower as Russia plays down prospect for additional OPEC+ production cuts
07:53am, Thursday, 25'th May 2023
Oil futures lost ground Thursday after a top Russian official played down the prospect of additional production cuts when OPEC+ meets early next month.
Oil Price Forecast: Sellers Dominate as OPEC+ Production Cut Hopes Dim
07:09am, Thursday, 25'th May 2023
Russia's remarks dampen OPEC+ production cut prospects, but a surprising drop in U.S. crude inventories supports oil prices amidst bearish sentiment.
Oil prices fall on US debt uncertainty
08:46pm, Wednesday, 24'th May 2023
Oil prices fell in early Asian trading on Thursday after uncertainty that the United States will avoid a debt default weighed against the prospect of further OPEC+ production cuts.
Oil prices jump on unexpected drawdown in supplies
04:05pm, Wednesday, 24'th May 2023
Yahoo Finance's Ines Ferre joins the Live Show to discuss the rise in oil prices amid retailers stocking up on supplies before the Memorial Day holiday.
Oil futures finish higher, buoyed by a hefty weekly decline in U.S. crude supplies
02:49pm, Wednesday, 24'th May 2023
Oil futures settled higher on Wednesday, finding support after the Energy Information Administration reported a 12.5 million-barrel weekly fall in U.S. crude inventories, the biggest year to date. Mea
Natural Gas, WTI Oil, Brent Oil – WTI Oil Pulls Back As Domestic Production Rebounds
01:25pm, Wednesday, 24'th May 2023
Crude inventories declined by 12.5 million barrels but traders focused on rising domestic production.
Oil Price Forecast: Higher as US Inventories Tighten, Saudi Minister Warns Speculators
09:58am, Wednesday, 24'th May 2023
Decreasing U.S. inventories, Saudi warning to speculators, and excessively bearish positions raise prospects of supply constraints and OPEC+ cuts.
Crude Oil Price Forecast – Crude Oil Markets Plow Higher
09:47am, Wednesday, 24'th May 2023
Crude oil markets rallied during the trading session on Wednesday, as we have finally broken out of the triangle we see in both markets.
Oil prices boosted by falling inventories, Saudi warning to speculators
07:49am, Wednesday, 24'th May 2023
Oil futures traded higher early Wednesday, finding support again a day after Saudi Arabia's energy minister warned of pain ahead for short sellers.
Oil prices rise on concerns over tightening supply
08:31pm, Tuesday, 23'rd May 2023
Oil prices gained on Wednesday after U.S. oil and fuel supplies tightened and as a warning from the Saudi energy minister to speculators raised the prospect of further OPEC+ output cuts.
Oil futures end higher as top Saudi official warns traders against betting on price declines
02:45pm, Tuesday, 23'rd May 2023
Oil futures finished higher Tuesday, after Prince Abdulaziz bin Salman, Saudi Arabia's energy minister warned traders about betting on continued declines in oil prices, said Michael Hewson, chief mark
Natural Gas, WTI Oil, Brent Oil – Oil Gains Ground As Saudi Oil Minister Warns Speculators
01:41pm, Tuesday, 23'rd May 2023
WTI oil and Brent oil moved towards multi-week highs as some traders were ready to bet on additional production cuts from OPEC+.
Oil Price Forecast: Weaker Despite Tighter Supply and Demand; Debt Default Concerns Weigh
03:45am, Tuesday, 23'rd May 2023
Oil prices decline on tightening supply, persistent debt default risks, and Memorial Day's impact on summer fuel demand.
Oil prices rise on outlook for higher gasoline demand, tighter supply
09:38pm, Monday, 22'nd May 2023
Oil prices climbed for a second day on Tuesday as investors expect a tighter market led by a seasonal rise in gasoline demand and supply cuts from OPEC+ producers, though concerns over the risk of a U
Oil prices give up early losses to finish higher; natural-gas futures drop over 7%
02:53pm, Monday, 22'nd May 2023
Oil futures shook off early declines Monday to end higher, with U.S. prices up by more than 1% as the June contracts expired at the end of the session. The recovery for oil prices “wasn't driven by
