$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil Prices Edge Higher Amid Supply Concerns
08:16pm, Tuesday, 26'th Nov 2024
Oil prices edged higher in early Asia trade on reports of potential further delays to OPEC's planned production hikes, ANZ research analysts said.
Crude Oil Price Forecast: Pattern Tightens Revealing Lower Top Pivot
04:33pm, Tuesday, 26'th Nov 2024
Amid consolidation, crude oil tests pivotal support zones and faces resistance near $71.79, signaling potential for either breakdowns or bullish reversals.
Trump's oil-drilling plans may pose a big problem for OPEC+
03:52pm, Tuesday, 26'th Nov 2024
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump's �
OPEC unlikely to raise production in short term, commodity trading bosses say
02:28pm, Tuesday, 26'th Nov 2024
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, Trafigura and Gunvor said at the Energy Intelligence Forum in London on Tue
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Ceasefire In Middle East
02:06pm, Tuesday, 26'th Nov 2024
Oil markets are moving towards November lows.
Crude Oil Price Outlook – Crude Oil Continues to See Sideways Action
09:42am, Tuesday, 26'th Nov 2024
Crude oil continues to bounce around, as it looks like we are trying to sort out a direction for the longer term move. At this point, if you like rangebound markets, this is where you want to be I sus
Oil prices are now 'a touch too low' relative to inventory, says Goldman Sachs' Daan Struyven
07:36am, Tuesday, 26'th Nov 2024
Daan Struyven, Goldman Sachs head of global commodities research, joins 'Squawk Box' to discuss the state of the oil market, impact of energy policies from the incoming Trump administration on the mar
Oil prices bounce after Monday slump tied to Israel-Hezbollah cease-fire hopes
06:54am, Tuesday, 26'th Nov 2024
Oil futures rose Tuesday, taking back some of the ground lost in the previous session when investors reacted to reports Israel and Iran-backed Hezbollah were moving close to a cease-fire.
Oil News: Crude Straddles $69.11 Support as Geopolitical Calm Hits Premium
06:05am, Tuesday, 26'th Nov 2024
Oil prices hover near $69.11 as geopolitical calm lowers risk premiums. Traders monitor Fibonacci levels and OPEC+ decisions for market direction.
One of the Hottest Stocks in the Oil Patch is a Defunct 19th-Century Railroad
05:30am, Tuesday, 26'th Nov 2024
A new approach to wringing cash from its swath of desert has Texas Pacific Land shares soaring.
IEA chief Birol sees 'comfortable' oil markets, unless geopolitical shock
04:17am, Tuesday, 26'th Nov 2024
The supply of oil and gas will be plentiful, with oil markets being "comfortable" this year and next unless major geopolitical escalation happens, the head of the International Energy Agency (IEA) Fat
XLE: Mind The Gap Between Oil Stocks And Oil Prices
02:16am, Tuesday, 26'th Nov 2024
The XLE ETF, dominated by Exxon and Chevron, has decoupled from WTI crude oil prices over the past 18 months, suggesting a potential profit-taking opportunity. At current oil prices, the P/E ratio may
Natural Gas and Oil Forecast: Russia-Ukraine Tensions Keep Prices Elevated
01:15am, Tuesday, 26'th Nov 2024
Russia-Ukraine conflict and U.S. policy impacts add mixed signals to crude and natural gas outlook this week.
Oil, Natural Gas, and US Dollar Technical Analysis: Seasonal Demand and Supply Concerns
09:38pm, Monday, 25'th Nov 2024
Natural gas and the US dollar remain strong, while WTI oil trends lower after encountering resistance.
Oil falls on potential deal to end Israel-Hezbollah conflict
08:41pm, Monday, 25'th Nov 2024
Oil prices slipped in early trade on Tuesday, extending declines from the previous session as investors took stock of a potential ceasefire between Israel and Hezbollah, weighing on oil's risk premium
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