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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil prices climb as supply concerns remain front-and-center
08:09am, Thursday, 12'th Dec 2024
Oil prices were higher in recent trade Thursday as talk of new curbs on Russian and Iranian supply helped keep the price of U.S.-traded crude above the critical $70 a barrel level.
Oil News: Traders Eye Demand Recovery as China Stimulus and IEA Outlook Collide
06:43am, Thursday, 12'th Dec 2024
Oil prices face mixed signals: China's easing policies boost demand hopes, but IEA forecasts a 950,000 bpd surplus challenging OPEC+ strategies.
Natural Gas and Oil Forecast: OPEC Cuts Demand Growth Outlook for 2025
01:52am, Thursday, 12'th Dec 2024
OPEC lowers 2025 oil demand growth outlook amid weak demand forecasts, rising U.S. inventories, and non-OPEC supply pressures. What's next for energy markets?
Oil little changed as demand weakness offsets sanctions-driven supply risks
09:12pm, Wednesday, 11'th Dec 2024
Oil prices were little changed in early Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise in U.S. gasoline and distillate inventories stemmed gains from an additional
Oil Rises; Focus on Fed, IEA Report
08:36pm, Wednesday, 11'th Dec 2024
Oil rose in early Asian trade. Oil has priced in a little geopolitical risk premium on the tightening of sanctions against Russia by the U.S. while prospects of a Fed rate cut may also be boosting mar
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Rally As EU Plans Additional Sanctions On Russian Oil
02:15pm, Wednesday, 11'th Dec 2024
The bearish EIA report did not put pressure on oil as traders focused on geopolitical developments.
Exxon Mobil's New Plan Goes Bigger on Oil and Even Data Centers
11:58am, Wednesday, 11'th Dec 2024
The oil major's big investment plans come at a time when most analysts expect oil prices to fall next year.
U.S. Crude Oil Stocks Fall as Lower Imports Offset Higher Output
11:01am, Wednesday, 11'th Dec 2024
U.S. crude-oil inventories fell for a third consecutive week as imports declined, offsetting a rise in domestic production to a record level.
Crude Oil Price Outlook – Crude Oil Continues to Grind Back and Forth Via Rally on Wednesday
10:50am, Wednesday, 11'th Dec 2024
The crude oil market has risen in the early hours of Wednesday, as the market continues to ask questions about the idea of energy demand, oil supply, and the geopolitical issues that could in fact hav
Crude Inventories Decline By 1.4 Million Barrels; WTI Oil Pulls Back From Session Highs
10:45am, Wednesday, 11'th Dec 2024
Gasoline inventories increased by 5.1 million barrels, exceeding analyst expectations.
Crude climbs as U.S. reportedly considers oil sanctions on Russia
10:16am, Wednesday, 11'th Dec 2024
Crude prices headed higher for a third straight session on Wednesday, with China's plans to boost its economy expected to lift energy demand and as talk of new U.S. oil sanctions on Russia raised pros
OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay
07:55am, Wednesday, 11'th Dec 2024
The Vienna-based cartel cut its forecast for oil-demand growth for the fifth consecutive month after further postponing plans to increase output amid softer prices and market concerns over weaker glob
OPEC again cuts 2024, 2025 oil demand growth forecasts
07:47am, Wednesday, 11'th Dec 2024
OPEC on Wednesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the producer group's fifth consecutive downward revision in its monthly r
Oil News: China's Policy Shift Fuels Demand Outlook as Traders Await EIA Data
06:24am, Wednesday, 11'th Dec 2024
China's monetary easing fuels crude oil demand optimism as traders eye EIA data for inventory insights. Can crude sustain its rally above key resistance levels?
Natural Gas and Oil Forecast: Will U.S. Crude Draw Trigger a Market Rally?
01:54am, Wednesday, 11'th Dec 2024
Crude stocks rose 499k barrels, but analysts predict a 900k-barrel draw. Will market sentiment fuel a rally?
