$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil edges lower on 2025 supply surplus forecast, but set to notch weekly gain
09:04pm, Thursday, 12'th Dec 2024
Oil prices inched lower on Friday as investors focused on a forecast of ample supply and shrugged off expectations of higher demand next year from Chinese stimulus measures, while eyeing another Feder
Crude Oil Price Forecast: Eyes Breakout Momentum Amid Key Resistance Levels
04:41pm, Thursday, 12'th Dec 2024
Crude oil attempts bullish breakout from falling wedge pattern suggesting potential gains, targeting 73.27 and higher levels, supported by Fibonacci and technical signals.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Climbed Above $70.00
02:14pm, Thursday, 12'th Dec 2024
Traders ignore demand worries and focus on geopolitical tensions.
Crude Oil Price Forecast – Crude Oil Continues to See Overhang
09:42am, Thursday, 12'th Dec 2024
The crude oil market continues to see a lot of noisy action, as the top of the range continues to offer a bit of a brick wall in the market. However, there are still range bound opportunities at this
Natural Gas and Oil Forecast: OPEC Cuts Demand Growth Outlook for 2025
01:52am, Thursday, 12'th Dec 2024
OPEC lowers 2025 oil demand growth outlook amid weak demand forecasts, rising U.S. inventories, and non-OPEC supply pressures. What's next for energy markets?
Oil little changed as demand weakness offsets sanctions-driven supply risks
09:12pm, Wednesday, 11'th Dec 2024
Oil prices were little changed in early Asian trade on Thursday as forecasts of weak demand and a higher-than-expected rise in U.S. gasoline and distillate inventories stemmed gains from an additional
Oil Rises; Focus on Fed, IEA Report
08:36pm, Wednesday, 11'th Dec 2024
Oil rose in early Asian trade. Oil has priced in a little geopolitical risk premium on the tightening of sanctions against Russia by the U.S. while prospects of a Fed rate cut may also be boosting mar
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Rally As EU Plans Additional Sanctions On Russian Oil
02:15pm, Wednesday, 11'th Dec 2024
The bearish EIA report did not put pressure on oil as traders focused on geopolitical developments.
Exxon Mobil's New Plan Goes Bigger on Oil and Even Data Centers
11:58am, Wednesday, 11'th Dec 2024
The oil major's big investment plans come at a time when most analysts expect oil prices to fall next year.
U.S. Crude Oil Stocks Fall as Lower Imports Offset Higher Output
11:01am, Wednesday, 11'th Dec 2024
U.S. crude-oil inventories fell for a third consecutive week as imports declined, offsetting a rise in domestic production to a record level.
Crude Oil Price Outlook – Crude Oil Continues to Grind Back and Forth Via Rally on Wednesday
10:50am, Wednesday, 11'th Dec 2024
The crude oil market has risen in the early hours of Wednesday, as the market continues to ask questions about the idea of energy demand, oil supply, and the geopolitical issues that could in fact hav
Crude Inventories Decline By 1.4 Million Barrels; WTI Oil Pulls Back From Session Highs
10:45am, Wednesday, 11'th Dec 2024
Gasoline inventories increased by 5.1 million barrels, exceeding analyst expectations.
Crude climbs as U.S. reportedly considers oil sanctions on Russia
10:16am, Wednesday, 11'th Dec 2024
Crude prices headed higher for a third straight session on Wednesday, with China's plans to boost its economy expected to lift energy demand and as talk of new U.S. oil sanctions on Russia raised pros
OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay
07:55am, Wednesday, 11'th Dec 2024
The Vienna-based cartel cut its forecast for oil-demand growth for the fifth consecutive month after further postponing plans to increase output amid softer prices and market concerns over weaker glob
OPEC again cuts 2024, 2025 oil demand growth forecasts
07:47am, Wednesday, 11'th Dec 2024
OPEC on Wednesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the producer group's fifth consecutive downward revision in its monthly r
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