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Buy PXJ
$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil Price to Average $60 in 2025, Citigroup Says
05:32am, Wednesday, 11'th Sep 2024
Max Layton, Citigroup's global head of commodities research, expects the price of oil to average $60 next year as demand growth continues to slow. "The market's become, I would say, consensus bearish
Don't think we will see oil at $60/bbl 'in a consistent manner' for the next 3 months: Rystad Energy
04:44am, Wednesday, 11'th Sep 2024
Claudio Galimberti of Rystad Energy shares his outlook and discusses the impact a potential second Trump administration will have on oil prices.
Brent crude prices at lower levels since December 2021
03:51am, Wednesday, 11'th Sep 2024
Brent crude oil prices shot below US$70 a barrel for the first time since December 2021 this morning. The dip follows a lower demand forecast from OPEC.
Natural Gas and Oil Forecast: Hurricane Francine Sparks Supply Concerns, Markets React
02:02am, Wednesday, 11'th Sep 2024
Hurricane Francine halts 24% of U.S. oil production, driving short-term price gains amid global demand concerns. What's next for oil and natural gas?
Oil prices rebound on fears of supply disruption from tropical storm
09:25pm, Tuesday, 10'th Sep 2024
Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand.
Crude Oil Prices Fall to Lowest Level of 2024 as OPEC Cuts Demand Outlook
05:20pm, Tuesday, 10'th Sep 2024
Crude oil futures slipped roughly 4% in trading Tuesday after OPEC—a dominant coalition of oil-producing nations—cut back on its demand outlook and growth projections for this year and the next.
Crude Oil Price Forecast: Tests Support Zone After 16% Decline
04:49pm, Tuesday, 10'th Sep 2024
Crude oil's sharp 16% drop reached new lows today, testing a Fibonacci support zone. Traders now watch for signs of a potential short-term counter-trend rally.
These maps show the oil and gas infrastructure in Francine's path
03:22pm, Tuesday, 10'th Sep 2024
Oil took a hit on Tuesday, with U.S. and global benchmark prices dropping to their lowest levels in more than two and half years as demand worries took center stage, but global supplies may soon take
Falling oil prices and China concerns add fuel to market fears of a U.S. recession
03:20pm, Tuesday, 10'th Sep 2024
Concerns about China's economy have dulled the outlook for energy demand — contributing to a drop in U.S. and global oil prices to their lowest levels in over two years on Tuesday, while exacerbatin
Crude Oil Dips Over 4%; OPEC Cuts Global Oil Demand Outlook
02:20pm, Tuesday, 10'th Sep 2024
U.S. stocks traded mixed toward the end of trading, with the Nasdaq Composite gaining over 100 points on Tuesday.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Dives 4.5% As OPEC Cuts Demand Forecasts
02:19pm, Tuesday, 10'th Sep 2024
Oil markets suffered a strong sell-off amid demand concerns.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Traders Focus On Potential Hurricane In The Gulf Of Mexico
02:06pm, Monday, 09'th Sep 2024
Oil prices rebound from yearly lows.
Crude Oil Price Forecast – Crude Oil Continues to Look For a Floor
10:15am, Monday, 09'th Sep 2024
The crude oil markets continue to see a lot of noisy behavior, as the markets are trying to determine where we are going to go due to the massive amount of uncertainty in the global economy.
U.S. crude oil rebounds after worst week since 2023
08:20am, Monday, 09'th Sep 2024
Goldman Sachs expects OPEC+ to start increasing production in December, and forecasts that Brent will trade in a range of $70 to $85 per barrel.
U.S. oil benchmark bounces off 15-month low on potential hurricane threat
06:54am, Monday, 09'th Sep 2024
Oil futures rose Monday, bouncing after last week's rout, as investors tracked a storm that's seen potentially strengthening into a hurricane and threatening the U.S. Gulf Coast later this week.
