$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Crude Oil News Today: Underpinned as API Inventory Draw Exceeds Expectations
05:57am, Wednesday, 03'rd Jul 2024
Shrinking U.S. inventories, geopolitical risks, and anticipated strong summer demand create a supportive environment for crude oil prices.
Natural Gas and Oil Forecast: NG Slips 0.80%; Time for Bullish Bounce?
02:25am, Wednesday, 03'rd Jul 2024
Natural gas prices dropped to $2.442, down 0.81%, raising questions about a potential bullish reversal amidst inventory drawdowns and Middle East tensions
Hurricane Beryl: How Is it Affecting Oil Markets?
02:12am, Wednesday, 03'rd Jul 2024
Hurricane Beryl has devastated several islands in the eastern Caribbean, but it is forecast to lose some strength before it reaches Jamaica. It will likely still be a major storm, with winds in excess
Oil prices inch up on large US crude stock draw
09:13pm, Tuesday, 02'nd Jul 2024
Oil prices edged higher in early Asian trade on Wednesday after industry data showed a bigger-than-expected draw in U.S. crude stockpiles, boosting hopes of solid fuel demand during the summer driving
RBC's Helima Croft talks impact of Hurricane Beryl and Middle East tensions on oil markets
08:24pm, Tuesday, 02'nd Jul 2024
Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.
Oil prices hold firm as Israel-Lebanon tensions overshadow soft U.S. demand
08:35am, Thursday, 27'th Jun 2024
A surprise build in U.S. crude oil and gasoline inventories disappointed bulls who were hoping for signs of an uptick in demand. But tensions between Israel and Iran-backed militia Hezbollah are provi
TotalEnergies sells its West of Shetland oil and gas assets to Prax
08:00am, Thursday, 27'th Jun 2024
TotalEnergies has agreed to sell its entire interest in its West of Shetland gas fields to The Prax Group, a private UK company. It comprises the Laggan, Tormore, Glenlivet, Edradour, and Glendronach
Oil edges higher as worries over wider Middle East conflict linger
07:31am, Thursday, 27'th Jun 2024
Oil futures edged higher Thursday, shaking off concerns about summer gasoline demand in the U.S. as investors kept an eye on tensions in the Middle East that could threaten crude supplies from the reg
Biden walks ‘fine line' fighting climate change while fueling record oil output
07:00am, Thursday, 27'th Jun 2024
President Joe Biden has made efforts to appease American consumers and climate activists alike, leading to what some have referred to as “nuanced” energy policies that have also helped the U.S. be
Crude Oil News Today: Traders Balancing Supply Risks and Weak Demand
05:54am, Thursday, 27'th Jun 2024
Weak demand and high inventories weigh on crude oil prices, but Middle East tensions offer support due to potential supply risks.
Zephyr Energy looks forward to exciting period as it works to unlock America's next prolific oil and gas play
03:50am, Thursday, 27'th Jun 2024
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is looking forward to an exciting period as the company continues to make progress in the unlocking of the next prolific onshore US oil and gas play, that's a
BP CEO reportedly imposes hiring freeze, shifts focus back to oil and gas
02:52am, Thursday, 27'th Jun 2024
BP PLC's (LSE:BP.) new CEO, Murray Auchincloss, has implemented a hiring freeze and paused new offshore wind projects to focus more on oil and gas amid investor concerns over the company's energy tra
Natural Gas and Oil Forecast: WTI Bullish, Upward Trendline Support Near $80.20
01:56am, Thursday, 27'th Jun 2024
With WTI poised to trade bullish, the upward trendline support near $80.20 indicates potential for further gains in oil prices.
Oil Stocks Are the Perfect Antidote to Nvidia and the Rest of Big Tech
01:45am, Thursday, 27'th Jun 2024
The energy sector tends to zig when Apple and its brethren zag, making it an ideal hedge for weakness in IT.
Oil prices slide on fears of slow US demand after surprise inventory build
08:52pm, Wednesday, 26'th Jun 2024
Oil prices slid in early Asian trade on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the top oil consumer, though worries a potential expansion of the Gaza war
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