$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Crude Oil Price Outlook – Crude Oil Continues to See Sideways Set Up
10:27am, Monday, 09'th Dec 2024
The oil market seems like it is still trying to work out where it wants to be longer-term, but at the same time, it is obvious that the market has no real desire to get overexposed in one direction or
Oil prices lifted by fall of Syria's Assad, China stimulus plans
07:12am, Monday, 09'th Dec 2024
Oil futures rose Monday, finding modest support after China eased its overall monetary policy stance for the first time in 14 years as the nation's Politburo vowed more forceful measures to boost the
Oil News: China's Policy Shift and Middle East Turmoil Lift Crude Prices by 1%
06:20am, Monday, 09'th Dec 2024
Oil prices climb 1% as China signals growth-focused policy easing and Middle East unrest heightens geopolitical risks, impacting crude oil outlook.
Natural Gas and Oil Forecast: OPEC+ Cuts and Demand Trends Shape Outlook
01:38am, Monday, 09'th Dec 2024
Geopolitical tensions and OPEC+ cuts support prices, while weakening Chinese demand tempers the market outlook.
Oil Rises; Outlook Remains Bearish
08:36pm, Sunday, 08'th Dec 2024
Oil roses in early Asian trade, however, the near-term outlook remains bearish, said Hani Abuagla, XTB MENA's senior market analyst in an email.
Oil prices mixed as rising Mideast tensions offset demand concerns
06:49pm, Sunday, 08'th Dec 2024
Oil prices were mixed in early Asia trade on Monday as concerns over weak Chinese demand were offset by rising tensions in the Middle East following the rebel overthrow of Syrian President Bashar al-A
Chevron: Oil Prices Break Below $70, But CVX Remains Undervalued
11:33am, Sunday, 08'th Dec 2024
I maintain a buy rating on Chevron (CVX) due to its modest earnings multiple, solid free cash flow, and healthy share repurchases. Chevron's Q3 results were strong, with EPS and revenue beating foreca
The Fall Of The Assad Regime Could Unsettle The Oil Market
07:46am, Sunday, 08'th Dec 2024
The fall of the Assad regime in Syria will have no direct impact on world oil markets but could prove bullish in the short term and bearish longer term, depending on how the new political structure of
Oil News: Bearish Crude Outlook Ahead—Traders Watch for Deeper Losses
12:09pm, Saturday, 07'th Dec 2024
Bearish crude oil forecast ahead as weak demand and capped gains below $69.11 persist. Key levels to watch for traders in the coming week.
Natural Gas, WTI OIl, Brent Oil Forecasts – Oil Tests Key Support Amid Demand Worries
02:08pm, Friday, 06'th Dec 2024
The recent OPEC+ decision did not provide any support to oil markets.
Crude Oil Falls Over 1%; US Consumer Sentiment Surges In December
12:26pm, Friday, 06'th Dec 2024
U.S. stocks traded mixed midway through trading, with the Dow Jones index falling around 0.2% on Friday.
Crude Oil Weekly Price Outlook – Crude Oil Continues to Test Lows During The Week
10:59am, Friday, 06'th Dec 2024
The crude oil markets that I follow here at FX Empire are still range bound at this time. However, it is worth noting that we are getting close to the bottom of the range, so a bounce could be possibl
Crude Oil Price Outlook – Crude Oil Continues to Trade in a Range
10:16am, Friday, 06'th Dec 2024
The crude oil markets that I follow here at FX Empire are both doing the same thing, which is to say they are testing the lower end of the range that they have been in for some time. At the end of the
Oil News: Will More Aggressive OPEC+ Supply Cuts Reverse the Bearish Trend?
10:55am, Saturday, 30'th Nov 2024
Crude oil drops 4.55% to $68, pressured by oversupply forecasts. Can OPEC+ extend deeper cuts to reverse bearish market sentiment?
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Retreats Ahead Of The Weekend
02:00pm, Friday, 29'th Nov 2024
Oil markets are under pressure amid lack of positive catalysts.
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