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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Oil slips for third session on likely 'higher for longer' US rates
09:00pm, Tuesday, 21'st May 2024
Oil prices fell for a third straight session on Wednesday on expectations the Federal Reserve could keep U.S. interest rates higher for longer due to sustained inflation, potentially impacting fuel us
Crude Oil Price Forecast: Crude Oil Tests Resistance, Awaits Bullish Breakout
04:33pm, Tuesday, 21'st May 2024
A decisive advance above Monday's high of $80.64 would trigger a bullish breakout for crude oil above key moving averages and a downtrend line.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows As Traders Wait For Catalysts
02:08pm, Tuesday, 21'st May 2024
Oil markets have been range-bound since early May.
Viper Energy: Massive Income Potential And 9% FCF Yield At $80 Oil Prices
12:41pm, Tuesday, 21'st May 2024
The demand for fossil fuels remains strong, giving a stable basis for elevated oil and gas prices. Viper Energy focuses on owning and acquiring mineral and royalty interest in oil and natural gas asse
Oil prices under pressure: Here's what you need to know
09:54am, Tuesday, 21'st May 2024
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss what's going on in the oil sector, what signals the oil market has given investors, and much more.
Crude Oil Price Forecast – Crude Oil Continues to See Support
09:38am, Tuesday, 21'st May 2024
The crude oil market continues to see a lot of support, despite the fact that there is a ton of momentum at this point. This market continues to question whether or not there is a surge coming due to
Oil prices drift lower but remain stuck in narrow range as market struggles to find catalysts
08:40am, Tuesday, 21'st May 2024
U.S. crude oil and global benchmark Brent have traded in a $3 range this month since selling off from April highs.
Brent oil market structure weakens as tightness concern eases
08:19am, Tuesday, 21'st May 2024
The structure of the benchmark Brent crude oil futures market fell on Tuesday to its weakest since February, another indication that concern about tight supply for prompt delivery is easing.
Crude oil prices drop by over 1.5% amid Federal Reserve's stance on interest rates
08:14am, Tuesday, 21'st May 2024
Crude oil prices experienced a significant drop of more than 1.5% on Tuesday as the United States Federal Reserve provided no clear indications regarding potential interest rate cuts. The uncertainty
Oil prices drift lower as traders fret over Fed, look for catalysts
06:31am, Tuesday, 21'st May 2024
Oil futures were lower early Tuesday as traders worried over the outlook for crude demand as the Federal Reserve maintains higher interest rates.
TotalEnergies moves ahead on $6 billion Kaminho oil project in Angola
06:21am, Tuesday, 21'st May 2024
French oil major TotalEnergies is pressing ahead with the development of the Kaminho oil project 100 kilometers off the coast of Angola after a final investment decision on the block, it said on Tuesd
Crude Oil News: Fed's Inflation Stance Caps Gains, Pressures Prices
05:42am, Tuesday, 21'st May 2024
Given the persistent inflation concerns and the cautious stance of the Fed, the outlook for crude oil prices remains bearish in the short term.
India's Russian oil imports rise to nine-month high in April
03:31am, Tuesday, 21'st May 2024
India's Russian oil imports rose a nine-month high in April after shipments on non-sanctioned tankers operated by Russia's largest shipping company Sovcomflot resumed, tanker data obtained from shippi
Natural Gas and Oil Forecast: Prices Fall Less Than 1%, Downtrend Expected?
01:41am, Tuesday, 21'st May 2024
Oil and natural gas prices dropped less than 1%, signaling a possible continuation of the downtrend as market uncertainties persist.
Oil prices fall on fear of high US interest rates depressing demand
09:16pm, Monday, 20'th May 2024
Oil prices fell in early Asian trade on Tuesday, with investors anticipating higher-for-longer U.S. inflation and interest rates will depress consumer and industrial demand.
