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At Close: Jun 04, 2026
Oil futures ease after nearly 10% surge over last two weeks
07:08am, Monday, 11'th Sep 2023
The lead oil contract rose over 2% last week, and has jumped close to 10% over the last two weeks, as Saudi Arabia announced it would extend a production cut of 1 million barrels a day through the end
Oil Prices Forecast: Saudi-Russia Supply Cuts Buoy Oil, But China's Economy Casts Shadow
01:11am, Monday, 11'th Sep 2023
Oil prices dipped over China's economic concerns, while Saudi Arabia and Russia extended supply cuts by 1.3M barrels, awaiting IEA and OPEC reports.
Oil prices ease but supply cuts keep Brent above $90/bbl
08:47pm, Sunday, 10'th Sep 2023
Oil prices eased in early Asian trade on Monday as economic concerns in China weighed on fuel demand outlook although Brent stayed perched above $90 a barrel, supported by tightening supplies after Sa
Saudi-Driven Oil Rally Set to Continue
07:26pm, Sunday, 10'th Sep 2023
Oil prices are in focus after Saudi Arabia and Russia extended output cuts to the end of the year. Brent crude remains above $90 a barrel and New York traded futures are within striking distance of th
Oil prices hit nine-month high as supply concerns mount
03:31pm, Sunday, 10'th Sep 2023
Oil prices hit their highest levels in 2023 last week following an announcement by Saudi Arabia and Russia that they would deepen their previously announced oil production cuts.
Oil Consolidates After Extension of Production Cuts
04:29am, Sunday, 10'th Sep 2023
This article summarises recent factors affecting the price of crude oil and looks ahead at how the price could move over the next few weeks.
Oil prices are surging again, but this time Biden has way less ammunition to bring them down
08:15am, Saturday, 09'th Sep 2023
Oil prices are surging again, but the Strategic Petroleum Reserve remains near 40-year lows. Last year, the Biden administration drained 180 million barrels from the SPR as oil prices soared.
Oil futures end higher for session, contributing to a gain for the week
02:53pm, Friday, 08'th Sep 2023
Oil prices settled higher on Friday, contributing to a more than 2% weekly gain for U.S. benchmark crude futures. Crude prices continued to trade on “supply-side drivers,” said Edward Moya, senior
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1% As Traders Focus On Tight Supply
02:04pm, Friday, 08'th Sep 2023
There are no signs of profit-taking in the oil markets today as traders remain bullish ahead of the weekend.
Why Are Oil Prices So High Right Now?
01:10pm, Friday, 08'th Sep 2023
Oil prices are the talk of Wall Street at the moment. Indeed, Saudi Arabia and Russia's production cut extension as well as Brent oil's recent nine-day climbing streak have drivers and oil producers a
Crude Oil Weekly Price Forecast – Crude Oil Markets Continue to Look Bullish
10:13am, Friday, 08'th Sep 2023
Crude oil markets have rallied a bit during the trading week, as we continue to see follow-through on the upward pressure.
Oil Rally Hits Speed Bump But Stays Above $85 on Supply Draw
09:47am, Friday, 08'th Sep 2023
With oil pushing above $85 a barrel, it would be prudent to add energy stocks like Solaris Oilfield Infrastructure (SOI), CVR Energy (CVI) and Helix Energy Solutions Group (HLX).
Time for Oilfield Services ETFs?
09:47am, Friday, 08'th Sep 2023
The wind is at the back of the Oil and Gas-Field Services Industry as it is poised for growth in the coming year, driven by favorable crude pricing and robust demand for oilfield services. The industr
Production cuts led by Saudi Arabia have bolstered the price of oil, says S&P Global's Yergin
09:06am, Friday, 08'th Sep 2023
Dan Yergin, S&P Global vice chairman, joins 'Squawk Box' to discuss if Yergin's been surprised at the strength of crude oil, if the U.S. is doing all it can to drill for oil, and if prices are keying
Oil Prices Forecast: China's Economy, Strong US Dollar Fueling Profit-Taking
01:30am, Friday, 08'th Sep 2023
Despite major crude oil supply cuts, U.S. dollar resurgence and China's recovery fears curtailed bullish trends.
