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$438.97
+7.75 (+1.80%)
At Close: Jun 04, 2026
Oil Shows Strength After OPEC+ Cuts
10:14pm, Sunday, 09'th Jul 2023
The oil market is starting to show signs of strength as the latest OPEC+ cuts take hold. The US, meanwhile, is buying 6 million more barrels of oil as it slowly rebuilds its emergency reserves.
Oil eases ahead of China, US data, but OPEC+ cuts support market
09:14pm, Sunday, 09'th Jul 2023
Oil prices dipped in early Asian trade on Monday as investors tread cautiously ahead of fresh economic data from top consumers the United States and China this week, while expected crude supply cuts f
Natural Gas, WTI Oil, Brent Oil – Oil Gains As Rebound Continues
01:26pm, Friday, 07'th Jul 2023
Oil markets test multi-week highs as traders remain focused on production cuts.
Can OPEC's Vienna Strategy Revitalize Crude Oil?
12:29pm, Friday, 07'th Jul 2023
Sluggish demand has left the price of crude oil in the doldrums. At OPEC's latest meeting in Vienna the 13-member coalition of oil-exporting countries announced a new strategy aimed at tightening glob
Crude Oil Price Forecast – Crude Oil Markets Do Very Little on Friday
10:17am, Friday, 07'th Jul 2023
Crude oil markets have been very quiet during the trading session on Friday, as traders continue to struggle with the 50-Day EMA.
Oil prices on track for weekly gains
08:00am, Friday, 07'th Jul 2023
Oil futures were slightly higher Friday, on track for weekly gains after data showed further declines in U.S. crude and product inventories this week.
Commerzbank cuts oil price forecasts to reflect bearish market sentiment
07:37am, Friday, 07'th Jul 2023
Commerzbank on Friday cut its 2023 and 2024 oil price forecasts, reflecting pessimism in the market over the economic outlook despite supply cuts from key producers that could contribute to a deficit.
Oil Price Forecast: Set for Second Weekly Gain Amid Strong Demand
06:04am, Friday, 07'th Jul 2023
WTI crude oil prices set for 2nd weekly gain on robust demand, significant US inventory drop, and OPEC's output cuts, signaling a bullish outlook.
Oil prices steady as rate hike fears offset signs of tightening supply
08:49pm, Thursday, 06'th Jul 2023
Oil prices were largely unchanged on Friday, but set to post weekly gains, as fears of higher U.S. interest rates that could dampen energy demand were offset by signs of tighter supply after a larger-
Top Calls: Fuel Demand's Impact on Oil Stocks
06:46pm, Thursday, 06'th Jul 2023
Stewart Glickman, CFRA Deputy Research Director and Head of Energy Research, joins Romaine Bostick to discuss the big movers on the back of analyst recommendations on Bloomberg Markets: The Close.
U.S. oil futures shake off early loss to finish nearly flat
02:56pm, Thursday, 06'th Jul 2023
U.S. oil futures gave up their early Thursday losses to settle almost unchanged for the session. Prices found some support following a report from the Energy Information Administration showing a third
Natural Gas, WTI Oil, Brent Oil – Oil Rebounds From Session Lows As Crude Inventories Decline
02:08pm, Thursday, 06'th Jul 2023
The EIA report provided significant support to oil markets.
Oil supply has been more robust than forecasted in 2023, says Citi's Ed Morse
11:50am, Thursday, 06'th Jul 2023
Ed Morse, Citi's global head of commodities, joins 'Squawk on the Street' to discuss the outlook for oil prices in the second half of the year, oil demand growth related to China's reopening, and the
US crude, gasoline inventories fall more than expected - EIA
11:37am, Thursday, 06'th Jul 2023
U.S. crude stocks drew more than expected on strong refining demand, while gasoline inventories posted a large draw after an increase in driving last week, the Energy Information Administration said o
Crude Oil Price Forecast – Crude Oil Market Stagnated at 50-Day EMA
10:55am, Thursday, 06'th Jul 2023
The crude oil markets have been somewhat stagnant during the trading session on Thursday, as it looks like the 50-Day EMA is going to cause resistance yet again.
