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$42.00
-1.00 (-2.33%)
At Close: Jun 16, 2026
Oil News: Oil Futures Edge Lower Despite Iran Risk Premium Intact
06:06am, Thursday, 12'th Feb 2026
Crude oil edges lower as U.S.-Iran talks continue. EIA reports 8.5M barrel inventory build; IEA cuts demand forecast.
IEA Expects Oil Supply to Rebound After U.S. Winter Storm Slashed Output
04:13am, Thursday, 12'th Feb 2026
Global supply is now projected to grow by 2.4 million barrels a day this year, with growth evenly split between OPEC+ and non-OPEC+ producers.
Natural Gas and Oil Forecast: Oil Jumps on Tensions – Will $66 Break?
04:12am, Thursday, 12'th Feb 2026
Oil prices climb on geopolitical tensions despite an 8.5M barrel inventory surge, while WTI tests $65 resistance and Natural Gas holds key $3.05 support.
Global oil demand to rise by less than expected in 2026, IEA says
04:03am, Thursday, 12'th Feb 2026
The International Energy Agency lowered its forecast for 2026 global oil demand growth in its latest monthly oil market report on Thursday, citing the impact of higher prices on consumption.
Japanese oil and gas group Inpex sees LNG supply shortfall in Asia in 2035
03:22am, Thursday, 12'th Feb 2026
Inpex , Japan's biggest oil and gas producer, expects global demand for liquefied natural gas to grow by 75% to some 700 million metric tonnes annually in 2035, potentially resulting in a supply short
Norway oil investments set to decline in 2026, survey shows
03:05am, Thursday, 12'th Feb 2026
Norwegian oil and gas investments are expected to decline this year and next as many field developments are completed while fewer new projects begin, a quarterly survey of the industry showed on Thurs
Russia to deliver crude oil and fuel to Cuba soon, Izvestia newspaper reports
01:44am, Thursday, 12'th Feb 2026
Russia is preparing to dispatch crude oil and fuel cargoes to Cuba in the near future, Izvestia newspaper said on Thursday, citing the Russian embassy in Cuba.
Oil Price Forecast: Brent Tests $70 While WTI Eyes $69 on Rising Iran Risks
11:44pm, Wednesday, 11'th Feb 2026
Oil prices are hovering near key resistance as traders weigh rising U.S.–Iran tensions against a sharp U.S. crude inventory build, while strong job growth supports demand and technical breakouts cou
Sanctions, Ship Seizures and Low Prices Squeeze Russia's Oil Industry
11:00pm, Wednesday, 11'th Feb 2026
In a sign of Moscow's difficulties selling oil, millions of barrels are floating on the water, waiting for buyers and attracting record price discounts.
Trump's Venezuela oil sales deal raises questions about which government U.S. will recognize
09:26am, Wednesday, 11'th Feb 2026
U.S. cooperation with the remanent of the Maduro regime in Venezuela raises questions about whether the opposition will be involved in oil sales. The U.S. does not recognize the government of interim
OPEC Holds Oil-Demand Forecast Steady, Says Production Fell in January
09:11am, Wednesday, 11'th Feb 2026
Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and improving global trade.
Crude Oil Price Analysis – Oil Trying to Breakout on Wednesday
08:40am, Wednesday, 11'th Feb 2026
WTI crude oil continues to threaten a higher, based perhaps on the idea of the Americans attacking the Iranians, and the potential spillover effect. This is a market that continues to see a lot of sho
OPEC sees world demand for OPEC+ crude falling in second quarter
08:03am, Wednesday, 11'th Feb 2026
OPEC on Wednesday forecast world oil demand for crude from the wider OPEC+ producer group will drop by 400,000 barrels per day in the second quarter from the first three months of this year, a copy of
Fix energy prices to be competitive, business leaders tell EU
07:38am, Wednesday, 11'th Feb 2026
Top business leaders urged the European Union on Wednesday to act urgently to bring down energy prices, saying that was key for European industries to be able to compete with the United States and Chi
Indonesia biodiesel pause, rising output seen limiting palm oil gains
06:16am, Wednesday, 11'th Feb 2026
Indonesia's move to pause biodiesel expansion and expectations of higher production in the coming months are likely to pressure palm oil prices, although strong demand and slowing growth in overall ou
