$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil News: WTI Bearish Below 50-Day MA as Growth and Demand Fears Bite
07:12am, Friday, 08'th Aug 2025
WTI holds above $62.69 but stays bearish under 50-day MA. Slower growth and weak oil demand weigh on crude oil outlook, keeping sellers in control.
Natural Gas and Oil Forecast: Prices Struggle as OPEC Output and Trade Tensions Weigh
02:38am, Friday, 08'th Aug 2025
Oil and gas markets weaken as OPEC output expectations and trade tensions cap gains. Key support and resistance levels guide the next move.
Crude Oil Price Forecast: Breakdown Deepens as Key Support Fails
04:35pm, Thursday, 07'th Aug 2025
Selling pressure intensifies with risk building toward lower price levels.
What's at stake for oil prices ahead of Trump's Friday deadline for Russia-Ukraine cease-fire
03:39pm, Thursday, 07'th Aug 2025
Investors may soon find out just how willing President Donald Trump is to punish Russia in the face of a potential jump in oil prices, as a Friday deadline set by the White House for a cease-fire with
Citi's base case sees Brent prices heading towards low-$60s/bbl by end-year
03:01pm, Thursday, 07'th Aug 2025
Analysts at Citibank said on Thursday their base case remains for Brent oil prices to head toward the low $60s per barrel by the end of this year, citing softening markets.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Remains Under Pressure As Traders Focus On U.S. – Russia Talks
02:35pm, Thursday, 07'th Aug 2025
Oil traders focus on rising supply from OPEC+ countries.
Crude Oil Price Outlook – Crude Oil Continues to Look Threatened After Russian Announcement
10:17am, Thursday, 07'th Aug 2025
The Russians announced on Wednesday that they are increasing production of oil, adding to the overly large drilling supply from the USA, OPEC, and others. At this point, the markets continue to see a
Why the oil market does not believe Trump's threats to tariff countries that buy Russian crude
10:08am, Thursday, 07'th Aug 2025
President Donald Trump has threatened to impose tariffs on Russian oil buyers if Moscow does not agree to ceasefire in Ukraine this week. Trump is targeting India with an additional 25% tariff for buy
Oil News: Market Stalls Between 50- and 200-Day Averages, Volatility Ahead
06:41am, Thursday, 07'th Aug 2025
Crude oil futures stall between 50- and 200-day moving averages, with geopolitical risks and U.S. inventory draws fueling potential breakout.
Low global diesel supplies support crude prices despite OPEC+ boost
06:05am, Thursday, 07'th Aug 2025
Low diesel stockpiles worldwide are countering the downward pressure on crude oil prices from rising OPEC+ supply and setting the stage for a third consecutive year of above-normal refining profits.
Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil
05:50am, Thursday, 07'th Aug 2025
Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian oil.
Natural Gas and Oil Forecast: WTI Snaps Losing Streak as Supply Fears Resurface
03:43am, Thursday, 07'th Aug 2025
WTI rebounds near $65 on surprise inventory draw and Saudi price hike, but oil and gas face resistance amid bearish chart setups.
Why the oil market is tight despite big OPEC+ output hikes
02:07am, Thursday, 07'th Aug 2025
OPEC+ oil producers have used high summer demand to launch their first output increases in three years, but those targets have proved difficult to hit, leaving the market surprisingly tight.
Oil and Natural Gas Technical Analysis: Tariff Risks, Inventory Draws, and Turning Points
12:58am, Thursday, 07'th Aug 2025
WTI crude oil holds near key support, natural gas maintains a bullish stance above $3, and the US Dollar Index faces mounting downside risk after repeated resistance failures.
Oil prices rise on US demand strength, though sanctions uncertainty remains
09:47pm, Wednesday, 06'th Aug 2025
Oil prices rose on Thursday, pausing a five-day losing streak, on signs of steady demand in the U.S., the world's biggest oil user, though the prospect of U.S.-Russian talks on the Ukraine war eased c
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