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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil News: Crude Prices Hold Near Multi-Month Highs, Bullish Momentum Tested
05:51am, Thursday, 16'th Jan 2025
Light crude steadies near multi-month highs as bullish momentum tests key resistance. Inventory draws and demand growth fuel optimism for oil prices.
Natural Gas and Oil Forecast: Is OPEC+ Caution Supporting Brent's Bullish Outlook?
01:38am, Thursday, 16'th Jan 2025
Geopolitical tensions and OPEC+ caution drive volatility in oil and natural gas markets. Key levels and demand forecasts reveal bullish and bearish trends.
Oil rises as US inventory declines heighten supply concerns
09:14pm, Wednesday, 15'th Jan 2025
Oil prices rose for a second day on Thursday after a larger-than-expected decline in U.S. crude oil stockpiles added to supply concerns stoked by U.S. sanctions against Russian energy trade.
Oil and Natural Gas Technical Analysis: US Sanctions Propel Breakouts
08:54pm, Wednesday, 15'th Jan 2025
WTI crude oil and Brent crude oil have broken through strong resistance levels and appear poised to gain upward momentum.
Oil Rises on Softer-Than-Expected U.S. Inflation Data
08:12pm, Wednesday, 15'th Jan 2025
Oil rose in early Asian trade. The market has made a remarkable rebound this week, primarily supported by positive surprises in U.S. inflation data, Pepperstone said.
Oil markets face 'temporary shock' of U.S. cold weather and sanctions on Russia, says c Energy
05:00pm, Wednesday, 15'th Jan 2025
Jarand Rystad, CEO and founder of Rystad Energy, says the oil market is "fundamentally" oversupplied in 2025.
OPEC's Optimism Clashes With IEA's Conservative 2025 Oil Growth Projections
02:47pm, Wednesday, 15'th Jan 2025
The International Energy Agency has revised its global oil demand outlook slightly for 2025, projecting growth of 1.05 million barrels per day, down from the previously estimated 1.1 million barrels d
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Month Highs As Crude Inventories Decline
01:51pm, Wednesday, 15'th Jan 2025
WTI oil is up by 2% as traders focus on the EIA data and bet on the continuation of the strong rally.
U.S. Crude Oil Stockpiles Extend Decline
11:11am, Wednesday, 15'th Jan 2025
U.S. crude oil inventories fell for an eighth consecutive week amid declines in imports and domestic production, while product stocks saw further large weekly builds.
Oil is no longer an energy security challenge as critical minerals take center stage, Saudi minister says
11:00am, Wednesday, 15'th Jan 2025
"Oil is no longer an energy security challenge – it's going to be gas, electricity, predominantly minerals," Saudi Energy Minister Abdulaziz bin Salman told attendees at the annual Future Minerals F
Crude Inventories Decline By 2 Million Barrels; WTI Oil Trades Near Session Highs
10:47am, Wednesday, 15'th Jan 2025
Gasoline inventories increased by 5.9 million barrels, exceeding analyst expectations.
Crude Oil Price Outlook – Crude Continues to Stall Just Below Resistance
08:41am, Wednesday, 15'th Jan 2025
The crude oil market was somewhat soft in the early hours of Wednesday, as the markets that I follow here at FX Empire are both pressuring the major resistance barrier. At this point in time, the mark
OPEC Sticks to Oil-Demand View
08:07am, Wednesday, 15'th Jan 2025
The Vienna-based cartel retained its oil demand forecast for this year after a series of cuts and projected broadly stable growth into 2026.
Oil prices tick higher after snapping 3-day winning streak
07:39am, Wednesday, 15'th Jan 2025
Oil futures were up modestly Wednesday, finding support after snapping a three-day winning streak that had been driven in part by wider U.S. sanctions on Russia as well as cold weather in much of the
In first look at 2026, OPEC predicts robust global oil demand growth
07:32am, Wednesday, 15'th Jan 2025
OPEC on Wednesday forecast world oil demand in 2026 will rise at a similar, relatively robust rate to this year, while reducing its figure for 2024 for a sixth time highlighting China's sputtering rol
