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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil News: Crude Prices Rebound but Bearish Trends Persist Amid Mixed Signals
06:02am, Friday, 02'nd Aug 2024
Oil prices rebound amid mixed economic signals, with support at $75.77 and resistance at $77.96. Read our analysis on the market trends and future outlook.
UK OIl and Gas get backing from RWE for hydrogen storage scheme
03:36am, Friday, 02'nd Aug 2024
UK Oil & Gas PLC (AIM:UKOG) jumped another 23% as its Dorset and Yorkshire underground hydrogen storage project a letter of support from 'big five' UK energy supplier RWE (ETR:RWE). Germnay-based RWE
Natural Gas and Oil Forecast: NG Falls Below $2, Brace for Sell-off!
02:03am, Friday, 02'nd Aug 2024
Natural gas drops below $2, signaling potential market volatility. As oil prices face continued pressure, traders should prepare for possible further declines.
Rising oil prices will prompt a return to EVs: Analyst
02:00am, Friday, 02'nd Aug 2024
Michele Schneider of Marketgauge.com says markets should be focusing on "small-caps, gold and tech" right now, and adds that 2025 will be the year of EVs.
Oil set to fall for fourth week as demand concerns weigh on sentiment
09:11pm, Thursday, 01'st Aug 2024
Oil prices rose on Friday but were set for a fourth weekly decline as signs of disappointing global fuel demand growth outweighed fears of supply disruptions in the key Middle East production region.
Crude Oil Price Forecast: Faces Resistance Near 50-Day Moving Average
04:52pm, Thursday, 01'st Aug 2024
Resistance at 79.67 halts crude oil rally; a bullish breakout depends on overcoming the 50-Day MA and key resistance levels amid a large symmetrical triangle formation.
MBF's Clearing's Mark Fisher says this moment will be the bottom of the energy trade
04:18pm, Thursday, 01'st Aug 2024
Mark Fisher, MBF Clearing Corporation founder and Joe Terranova, Virtus, join 'Closing Bell' to discuss the energy trade.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 2.7% As Traders Focus On Supply/Demand Balance
02:36pm, Thursday, 01'st Aug 2024
Oil traders believe that escalation in the Middle East will not hurt oil supplies.
Five former Glencore employees charged with bribery over awarding of African oil contracts
10:59am, Thursday, 01'st Aug 2024
Five ex-Glencore PLC employees have been charged with corruption by the the UK Serious Fraud Office (SFO). Alex Beard, the billionaire former head of oil at Glencore, was one of those charged by the
Crude Oil Price Forecast – Crude Oil Stabilizes in Digestion of Recent Gains
10:46am, Thursday, 01'st Aug 2024
Crude oil continues to see a lot of noisy behavior, as we have recently exploded to the upside. At this point, it looks like we are trying to digest a lot of those gains and stabilize a bit.
U.S. crude oil breaks $78 per barrel as fears of war between Iran and Israel grow
08:27am, Thursday, 01'st Aug 2024
Crude oil futures extended a rally as Iran has vowed to avenge the assassination of a top Hamas leader in Tehran. Iran has ordered a direct strike against Israel, according to the New York Times.
Energy Aspects: Middle East risks to oil should fade in coming weeks
07:26am, Thursday, 01'st Aug 2024
Richard Bronze, Co-Founder and Head of Geopolitics at Energy Aspects, discusses how tensions in the Middle East are impacting the oil markets.
OPEC+ ministers keep oil output policy steady, sources say
07:24am, Thursday, 01'st Aug 2024
A meeting of the top ministers of OPEC+ has kept oil output policy unchanged, two OPEC+ sources said while the meeting was under way.
Oil prices extend rise on fears of wider Middle East conflict
07:15am, Thursday, 01'st Aug 2024
Oil futures rose Thursday, building on the sharp rebound seen the previous session after the assassination of a Hamas leader in Tehran sparked fears of a wider Middle East conflict.
Oil News: Bullish Sentiment Prevails as Middle East Risks Escalate
06:24am, Thursday, 01'st Aug 2024
Oil prices surge as Middle East conflicts raise supply disruption fears. Discover how geopolitical risks and US stockpile data impact the market.
