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At Close: Jun 05, 2026

Peak Oil Demand Isn't on the Horizon, OPEC Says

01:17pm, Tuesday, 24'th Sep 2024
The cartel said oil demand is forecast to reach 120.1 million barrels a day in 2050 from 102.2 million barrels a day last year.
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, Africa and the Middle East and a slower shift to electric vehicles and cle
The Organization of the Petroleum Exporting Countries, OPEC, published its World Oil Outlook for 2024, with optimistic forecasts for robust oil demand growth. Other players in the market are far less
The crude oil market continues to see a lot of noisy behavior, as the markets are breaking above a resistance barrier, but at the same time, we are looking at this as a situation where the market star
Copper (/HG) is up, another sign of commodities appearing to stabilize in the markets. Crude Oil (/CL) also was on the rise after the opening bell.
If you're trading oil futures, it's important to consider that the U.S. produced more oil in December than any country ever has in a single month, largely due to the ongoing productivity of shale oil.
Oil futures rose Tuesday morning, lifted after China announced a range of stimulus measures aimed at boosting the economy of the world's largest crude importer.
Energy company insiders are purchasing far more shares than they're selling. Here's what they're buying.
Crude oil futures test major resistance as traders react to Chinese economic measures, Middle East unrest, and potential disruptions from Hurricane Helene.
As hurricanes threaten the U.S. Gulf Coast, natural gas and oil prices may see further upside. Will geopolitical tensions add to supply concerns?
Oil prices rose on Tuesday on concerns the intensifying conflict between Israel and Hezbollah may impact supply in the key Middle East producing region and a tropical storm may impact output in the U.
The recent escalation in Israel – Hezbollah conflict did not provide material support to oil prices.
Nigerian billionaire Aliko Dangote said that ending Nigeria's gasoline subsidy is a “sensitive issue” in the nation that is used to cheap fuel. He also says it seems that the "time has passed" f
OPEC Secretary General Haitham Al Ghais is looking forward to working with Brazil's Energy Minister Alexandre Silveira in the "coming years," he said during opening remarks at Brazil's ROG.e oil and g
The crude oil market continues to see a lot of overhang when it comes to pressures and resistance, and as a result, the markets are looking more or less a “buy on the dips situation.”
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