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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Currie: Copper Is the New Oil
08:34am, Tuesday, 14'th May 2024
Jeff Currie, chief strategy officer at Carlyle Group, says copper is the new oil. He's also bullish on oil and shares his thoughts on gold demand "Bloomberg Surveillance.
Oil prices flat as traders await U.S. inflation data; OPEC forecasts unchanged
07:18am, Tuesday, 14'th May 2024
Oil futures were little changed Tuesday morning after the Organization of the Petroleum Exporting Countries left its monthly forecasts largely unchanged and traders awaited U.S. inflation data.
OPEC sticks to oil demand view, sees potential economic upside
06:07am, Tuesday, 14'th May 2024
OPEC stuck to its forecast for relatively strong growth in global oil demand in 2024 on Tuesday and said there was a chance the world economy could do better than expected this year.
Crude Oil News Today: Gains Capped as Traders Eye US Inflation, OPEC Report
05:29am, Tuesday, 14'th May 2024
The crude oil market outlook is cautiously optimistic with expected OPEC+ cuts and possible US monetary policy easing boosting demand.
Natural Gas and Oil Forecast: USOIL Up 0.08%, NG Down 0.04% Amid China Hopes
02:07am, Tuesday, 14'th May 2024
Oil prices rise as China's economic recovery sparks demand hopes, while Alberta wildfires threaten supply. Natural gas remains bearish below $2.39.
Indonesia offers five oil and gas blocks, pledges to boost exploration
12:04am, Tuesday, 14'th May 2024
Indonesia launched its first oil and gas auction this year offering five blocks on Tuesday, while the government pledged to boost exploration in an effort to reverse output declines in a country that
Oil prices tick up on tighter supply outlook
08:54pm, Monday, 13'th May 2024
Oil prices rose on Tuesday as the supply-demand balance looked set to tighten on operational disruptions, stronger demand and voluntary output cuts.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On China's Stimulus Plan
02:23pm, Monday, 13'th May 2024
China wants to raise 1 trillion yuan ($138 billion) to boost its economy, which is bullish for oil markets.
US oil output in top shale regions to hit six-month high in June - EIA
11:42am, Monday, 13'th May 2024
U.S. oil output from top shale-producing regions will rise in June to its highest in six months, the U.S. Energy Information Administration (EIA) said in its monthly Drilling Productivity Report on Mo
Seeing negative spillovers from natural gas bear market to oil demand: Goldman Sachs' Daan Struyven
08:38am, Monday, 13'th May 2024
Daan Struyven, Goldman Sachs head of oil research, joins 'Squawk Box' to discuss the state of the oil and commodities market, impact of high rates on oil prices, oil demand and supply trends, and more
Oil prices edge higher to kick off the week
06:56am, Monday, 13'th May 2024
Oil futures edged higher early Monday as traders weighed signs of soft fuel demand against expectations the Organization of the Petroleum Exporting Countries and its allies will extend production cuts
Crude Oil News Today: Volatility Highlighted Amid Economic, Rate Uncertainty
05:34am, Monday, 13'th May 2024
Given the current economic indicators and market sentiment, the outlook for crude oil prices remains bearish in the short term.
Focus: Eni eyes new oil and gas spin-offs in energy transition satellite strategy
03:04am, Monday, 13'th May 2024
Italian energy group Eni could spin off stakes in high-potential oil and gas projects, including in Indonesia and Ivory Coast, to help finance their development while focusing more capital on low-carb
BNP Strategist Says $90 is the Sweet Spot for Oil
02:26am, Monday, 13'th May 2024
Aldo Spanjer, BNP Paribas, Senior Commodities Desk Strategist discusses where oil prices may be headed. He speaks with Joumanna Bercetche on Horizons Middle East & Africa.
Natural Gas and Oil Forecast: Energy Prices Dips; Can NG Bounce-off Above $2.20?
01:47am, Monday, 13'th May 2024
Amid fluctuating energy markets, Natural Gas eyes a pivotal $2.20 level for a potential rebound as oil prices also show signs of strain.
