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$43.25
+1.36 (+3.25%)
At Close: Jun 08, 2026
European Commission to wean off Russian oil, gas imports after Trump criticism
08:02am, Wednesday, 16'th Apr 2025
The European Commission is expected to vote on a "comprehensive" strategy to cut off Russian oil and gas imports three years after the start of its war on Ukraine.
Lower oil prices will weigh on Middle East economies, but they're still well-cushioned: S&P Global
04:12am, Wednesday, 16'th Apr 2025
Zahabia Gupta from S&P Global Ratings explains why the ratings agency upped Saudi Arabia's credit rating to A+, despite some headwinds from lower oil prices, a possible global economic slowdown, and a
OPEC receives oil output compensation plans from eight countries
03:15am, Wednesday, 16'th Apr 2025
The Organization of the Petroleum Exporting Countries (OPEC) has received updated oil output compensation plans from eight countries that have exceeded voluntary production quotas within the OPEC+ gro
Mosman Oil and Gas analysis confirms helium at Sagebrush project
03:01am, Wednesday, 16'th Apr 2025
Mosman Oil and Gas Ltd (AIM:MSMN) told investors it has confirmed the presence of helium and methane at its Sagebrush-1 well, in Colorado, through a review of historic data. The company's technical te
Oil subdued as markets assess effects of trade war
09:21pm, Tuesday, 15'th Apr 2025
Oil prices were flat early on Wednesday, as shifting U.S. trade policies fuelled uncertainty while markets assessed the potential impact of the U.S.-China trade war on economic growth and energy deman
Oil Edges Higher; Dimming Prospects of Trade Deals May Weigh
08:11pm, Tuesday, 15'th Apr 2025
Oil prices edged higher in the early Asian session on possible position adjustments.
IEA Slashes Global Oil Demand Forecasts
05:29pm, Tuesday, 15'th Apr 2025
Natasha Kaneva, JPMorgan head of global commodities, shares her thoughts about oil demand and how oil prices are tied to the US dollar. Kaveva also says copper is trading too high at the moment.
Crude Oil Price Forecast: Sharp Rebound Sets Stage for Further Upside
04:40pm, Tuesday, 15'th Apr 2025
After a 31.6% drop, crude rebounded sharply and is now consolidating, setting the stage for a possible second rally leg above resistance.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat In Choppy Trading
02:31pm, Tuesday, 15'th Apr 2025
OPEC and IEA have recently lowered their oil demand outlook for 2025, but markets showed little reaction to the news.
US crude oil output to peak by 2027, EIA projects
01:23pm, Tuesday, 15'th Apr 2025
U.S. oil production will peak at 14 million barrels per day (bpd) in 2027 and maintain that level through the end of the decade, before rapidly declining, the U.S. Energy Information Administration (E
JP Morgan slashes oil price forecasts as Trump tariffs and OPEC strategy shift redraw the map
10:47am, Tuesday, 15'th Apr 2025
- Brent seen at $66 next year as US shale set to pull back and OPEC+ faces tough choices JP Morgan has cut its oil price forecasts sharply, warning that a mix of aggressive trade policy and shifting s
Crude Oil Price Outlook – Crude Oil Continues to See Basing Pattern
10:07am, Tuesday, 15'th Apr 2025
The crude oil market continues to see a lot of noisy trading, as the market continues to see a lot of traders trying to form a bottom in this market that has been slammed as of late.
Exclusive: Dismantling of first oil vessel in Brazil running a year late
10:04am, Tuesday, 15'th Apr 2025
A dispute between state-run oil company Petrobras and steelmaker Gerdau will delay the first dismantling of an oil production vessel in Brazil by at least a year, people familiar with the matter said,
IEA Trims Oil-Demand Outlook on Tariffs a Day After OPEC Does
08:56am, Tuesday, 15'th Apr 2025
The International Energy Agency on Tuesday cut its projection for oil demand growth this year and the next, blaming the toll on the global economy from President Donald Trump's tariffs.
HSBC trims Brent crude oil price forecasts for 2025 and 2026
07:31am, Tuesday, 15'th Apr 2025
HSBC revised down its Brent crude oil price forecasts for 2025 and 2026, following the announcement of tariffs by U.S. President Donald Trump and the decision by OPEC+ to increase production, the bank
