$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
India will be a 'key driver' in global oil demand: Portfolio manager
02:00am, Friday, 12'th Jul 2024
Ben Cook of Hennessy Funds says that India is "squarely in the driver's seat" when it comes to global oil demand growth.
Natural Gas and Oil Forecast: High U.S. Fuel Demand Lifts Prices to $83
01:30am, Friday, 12'th Jul 2024
High U.S. fuel demand boosts oil prices to $83, as strong summer consumption and easing inflation bolster market confidence.
Oil rises on cooling US inflation, strong summer demand
09:00pm, Thursday, 11'th Jul 2024
Oil prices rose in early Asian trading hours on Friday as signs of strong summer demand and easing inflationary pressures in the world's biggest oil market, the United States, bolstered investor confi
Crude Oil Price Forecast: Rally Targets 89.23 Amid Bullish Momentum
04:41pm, Thursday, 11'th Jul 2024
Crude oil triggered a bullish reversal today, targeting 89.23 and a likely second breakout above trendline resistance.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Gains Ground As Dollar Pulls Back
02:17pm, Thursday, 11'th Jul 2024
Oil traders focus on the changes in Fed policy outlook and prepare for the start of the rate cut cycle.
Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year
09:17am, Thursday, 11'th Jul 2024
The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.
Oil prices rise as inflation eases, bolstering market hopes for Fed rate cut later this year
09:09am, Thursday, 11'th Jul 2024
The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.
Crude Oil News Today: Prices Stabilize Amid Conflicting Demand Projections
06:49am, Thursday, 11'th Jul 2024
The significant U.S. inventory drawdowns and potential for strong summer demand suggest a slightly bullish short-term outlook for crude oil.
IEA trims oil-demand outlook for 2025 as it sees supplies rising further next year
05:53am, Thursday, 11'th Jul 2024
The International Energy Agency (IEA) has taken a haircut to its outlook for oil demand next year, as it sees continued rising supplies.
Next big move in oil prices may be in September, October: Analyst
05:51am, Thursday, 11'th Jul 2024
Tom Kloza, global head of energy analysis at OPIS, says there may be a "sharp, sharp drop."
U.S. crude oil heads for fourth straight weekly gain on solid demand outlook
08:28am, Friday, 05'th Jul 2024
Oil market analysts have been forecasting a tighter market in the third quarter as summer fuel demand picks up. UBS is estimating that oil demand will grow by 1.5 million barrels per day this year, ab
Oil prices on track for 4th straight weekly gain
07:45am, Friday, 05'th Jul 2024
Oil futures were flat to slightly lower Friday as U.S. traders returned from the Independence Day holiday, with crude headed for a fourth straight weekly gain though some analysts see upside limited b
Crude Oil News Today: WTI Oil Tests Key Resistance Ahead Of Non Farm Payrolls Report
06:29am, Friday, 05'th Jul 2024
WTI oil prices are up by more than 15% from lows that were reached in early June.
Oil giant Shell to take up to a $2 billion impairment hit on Rotterdam, Singapore plants
03:12am, Friday, 05'th Jul 2024
This comes after Shell on Tuesday announced it would temporarily suspend on-site construction at its 820,000 metric tons a year biofuels facility in Rotterdam amid current market conditions. The compa
Natural Gas and Oil Forecast: WTI Supported Near $83.50; Buy Today?
02:12am, Friday, 05'th Jul 2024
With WTI oil finding strong support near $83.50, analysts suggest potential buying opportunities today
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