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$431.22
+0.770 (+0.179%)
At Close: Jun 03, 2026
Oil Price Forecast / Update: Demand Concerns Rise as US Economic Data Weakens
10:19am, Friday, 21'st Apr 2023
WTI likely to trade in the $75-$80 range amid recession fears; China's oil demand uncertainty adds to market concerns.
Oil on track for 6% weekly tumble on demand worries
07:55am, Friday, 21'st Apr 2023
Oil futures steadied Friday, but were on track for big weekly losses as worries about the economic outlook stoked demand worries.
Oil prices continue fall, OPEC cut effects fade
07:50am, Friday, 21'st Apr 2023
Oil prices have faced sustained falls this week as looming recessionary fears in the US continue to undo rises caused by OPEC's production cut announcement early this month. Brent sat as low as US$80.
Oil prices crashed below zero 3 years ago, with the spotlight back on demand and volatility
03:08pm, Thursday, 20'th Apr 2023
Three years to the day, U.S. benchmark West Texas Intermediate crude futures settled at a negative price for the first time on record. The oil market is again struggling with signs of a slowdown in th
U.S. oil prices settle at a nearly 3-week low
02:54pm, Thursday, 20'th Apr 2023
Oil futures fell Thursday, with U.S. benchmark prices settling at their lowest in almost three weeks, pressured by ongoing worries about a recession that could lead to a decline in energy demand. May
Crude Oil At Crossroads, Next Move To Impact Inflation
02:03pm, Thursday, 20'th Apr 2023
Inflation concerns peaked last year when agriculture and oil prices peaked. This year has seen inflation fears subside as key price inputs fall.
Oil Price Forecast / Update: Testing Three-Week Low on Anticipated Rate Hike and Strong Dollar
06:19am, Thursday, 20'th Apr 2023
WTI crude oil prices fall to three-week low amidst stronger dollar and rate hike expectations, despite lower US crude stocks.
U.S. oil prices settle below $80, at their lowest in over 2 weeks
03:04pm, Wednesday, 19'th Apr 2023
Oil futures declined Wednesday, with U.S. benchmark prices settling below $80 a barrel – at their lowest in more than two weeks as traders continued to show concern over the outlook for energy deman
Crude Oil Price Forecast – Crude Oil Markets Looking to Fill a Gap
10:43am, Wednesday, 19'th Apr 2023
Crude oil markets have fallen a bit during the early hours on Wednesday, showing a potential drop coming to fill a gap.
Oil resumes slide on demand worries
07:43am, Wednesday, 19'th Apr 2023
Oil futures fell early Wednesday, unable to find support after industry data showed a fall in crude and product inventories as investors continued to fret over the demand outlook.
Oil futures finish with a slight gain as traders weigh outlook for energy demand
02:49pm, Tuesday, 18'th Apr 2023
Oil futures finished slightly higher Tuesday after losing more than 2% in the previous session. Details behind China's impressive first quarter included lackluster March industrial output and a key Ge
Crude Oil Price Forecast – Crude Oil Markets Continue to Pull Back Slightly
10:17am, Tuesday, 18'th Apr 2023
Crude oil markets pulled back during the trading session on Tuesday, as the 200-Day EMA still looms large.
Oil Price Forecast / Update: China's Strong Economic Growth Boosts Oil Demand Amid Global Recovery
04:17am, Tuesday, 18'th Apr 2023
China's impressive Q1 economic growth has bolstered oil prices amid the global recovery with demand to grow substantially, according to the IEA.
Oil futures finish lower as traders eye prospects for energy demand
02:55pm, Monday, 17'th Apr 2023
Oil futures finished with a loss on Monday, with traders weighing the prospects for energy demand. A “shockingly strong” Empire State Manufacturing Index reading Monday helped to live the odds of
Crude Oil Price Forecast – Crude Oil Markets Struggle With Resistance
10:20am, Monday, 17'th Apr 2023
Crude oil markets have pulled back a bit during the trading session on Monday to kick off the week on the back foot.
