$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Not a lot of traders have made money on oil this year, Energy Aspects founder says
09:12am, Monday, 05'th Aug 2024
Amrita Sen, founder of Energy Aspects, discusses the outlook for crude as oil prices hovered at eight-month lows amid U.S. recession fears.
U.S. crude oil falls below $72 per barrel, hits six-month low as market sells off
08:32am, Monday, 05'th Aug 2024
West Texas Intermediate has erased its gain for the year and Brent is now down for 2024. Weak economic data in the U.S. sparked a selloff in equity markets as fears grow that that a recession may be l
Oil & gas weekly highlights: UKOG, Tower Resources, Trinity Exploration, Touchstone, Zephyr, Arrow
04:33am, Saturday, 03'rd Aug 2024Oil News: Geopolitical Wildcards vs Economic Headwinds – Oil's Next Big Move?
02:00am, Saturday, 03'rd Aug 2024
Oil prices face headwinds from China's slowing demand and global economic concerns, but Middle East tensions could spark volatility. Analysts eye key support levels.
Crude Oil Falls Sharply; Exxon Mobil Earnings Top Views
02:40pm, Friday, 02'nd Aug 2024
U.S. stocks traded lower toward the end of trading, with the S&P 500 falling more than 2% on Friday.
Crude Weekly Price Forecast – Crude Oil Continues to Look Soft
02:29pm, Friday, 02'nd Aug 2024
The crude oil markets have fallen again this week, as we continue to see a lot of concerns when it comes down to the overall global economy.
Chevron CEO on Moving to Houston, Oil Prices, Earnings
02:16pm, Friday, 02'nd Aug 2024
Chevron CEO Mike Wirth talks to Bloomberg's Alix Steel about moving the company headquarters from California to Houston, it's latest round of earnings, oil prices and the dispute with Exxon over the H
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 5% As U.S. Economy Slows Down
02:09pm, Friday, 02'nd Aug 2024
The disappointing U.S. job market data triggered a strong sell-off in the oil markets.
Crude Oil Price Forecast – Crude Oil Continues to See Pressures After Jobs Report
12:48pm, Friday, 02'nd Aug 2024
The crude oil markets continue to see a lot of downward pressure, after the Americans have released miserable jobs report, adding only 114,000 jobs in the past month, instead of the expected 175,000.
Petrobras joins the race for Namibia's Orange Basin oil
10:33am, Friday, 02'nd Aug 2024
Yet another major oil and gas player wants in on Namibia's Orange Basin: Brazil's Petrobras (NYSE:PBR). It was revealed last week that state-owned Petrobras had made a non-binding offer to purchase a
Crude Oil Quiet
10:27am, Friday, 02'nd Aug 2024
Volatility in Crude Oil is too quiet, says Carley Garner. So, what does that mean for price activity?
OPEC oil output rises in July on Saudi rebound, survey finds
09:14am, Friday, 02'nd Aug 2024
OPEC oil output rose in July, a Reuters survey found on Friday, as a rebound in Saudi Arabian supply and small increases elsewhere offset the impact of ongoing voluntary supply cuts by other members a
Oil prices on track for 4th straight weekly decline on worries over demand
07:47am, Friday, 02'nd Aug 2024
Oil futures rose Friday, but remained on track for a fourth straight weekly decline as worries about the demand outlook in both China and the U.S. overshadowed fears of a wider Middle Eastern conflict
Exxon Mobil boasts of oil production as Q2 results beat analyst estimates
06:51am, Friday, 02'nd Aug 2024
Exxon Mobil Corp.'s stock XOM, -1.38% rose fractionally in premarket trading on Friday after the oil giant said its second-quarter profit rose 17% and topped analyst estimates. Exxon reported second-q
Oil Heads for Fourth Straight Weekly Decline
06:18am, Friday, 02'nd Aug 2024
Oil is set for its longest run of weekly losses since December as demand concerns linger in China and OPEC+ prepares to start boosting production next quarter. Will Kennedy reports on Bloomberg Televi
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