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At Close: Jun 05, 2026
Angela Wilkinson, CEO of the World Energy Council, talks about challenges in shifting to greener energy, and the need to find areas of compromise and conversation instead of drawing attention to speci

Oil prices steady after 7% weekly drop

09:47pm, Sunday, 20'th Oct 2024
Oil prices steadied in early trading on Monday, following a more than 7% drop last week on worries about demand in China, the world's top oil importer, and an easing of concerns about potential supply
Oil edged higher in the Asian session on prospects of supply disruptions amid geopolitical tensions in the Middle East.
Oil money brought his county jobs, waterslides and a $900,000 concert. Chip Low fears what might happen when the good times turn bad.
China's sluggish demand and OPEC's lowered forecasts drag crude oil prices down. Market outlook remains bearish, with key technical levels in focus.
China's economic slowdown and record U.S. crude production drive oil prices down. Read the full analysis of global oil demand, production, and market trends.
China's economic reports did not provide support to oil markets.
The crude oil markets fell quite a bit during the week, as we are testing a lot of support at the moment. Also, the market continues to see a lot of volatility, but we are also seeing a potential “v
Tensions in the Middle East remain high, while economic concerns weigh on crude.
The crude oil market has been struggling in the early hours of Friday, as the market has a lot of questions around the world when it comes to potential demand and global growth. At this point in time,
After rising for the first time in five days a day earlier, crude futures resumed their descent on Friday, with prices of the U.S.-traded benchmark briefly breaking below $70 a barrel overnight.
Schlumberger's stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.
Crude oil futures dip near $69.21, threatening further declines as bearish trends dominate the market. OPEC's lowered demand forecast adds downside pressure.

Don't Ignore Oil Price Heresies

07:03am, Friday, 18'th Oct 2024
In 1980, my boss M. I. T. professor Nazli Choucri presented the results of her world oil market computer model (which I assisted on) to the Energy Modeling Forum #6 at Stanford, where they were compar
Oil markets remain volatile as geopolitical risks ease, but demand uncertainty in China raises concerns, keeping prices at risk of further drops.
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