$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil prices nudge higher after third straight weekly loss
06:50am, Monday, 10'th Jun 2024
Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped send crude to a third straight we
Crude Oil News Today: Gains Support as Bulls Await Next Catalyst
06:27am, Monday, 10'th Jun 2024
Given the expected rise in summer transport demand and projected inventory declines, the short-term outlook for oil prices appears cautiously bullish.
Oil market selloff was 'overdone,' says strategist
05:30am, Monday, 10'th Jun 2024
John Driscoll of JTD Energy Services cautions the market against underestimating Saudi Arabia's energy minister, Abdulaziz bin Salman.
Natural Gas and Oil Forecast: WTI at $75.76, More Upside Ahead or Sell-Off?
01:56am, Monday, 10'th Jun 2024
Oil prices rise to $75.76 on anticipation of higher summer fuel demand, despite the impact of a stronger U.S. dollar.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1.7% As Rebound Continues
02:21pm, Thursday, 06'th Jun 2024
Oil markets continue to move away from multi-month lows.
Crude Oil Price Forecast: Advances Amid Downtrend, Eyes Key Levels
01:54pm, Thursday, 06'th Jun 2024
Crude oil rallies to 38.2% Fibonacci retracement, targeting 76.87 and 77.84 next, with potential resistance at the 20-Day MA and 200-Day MA levels.
Crude Oil Trades near Multi-Month Lows
12:01pm, Thursday, 06'th Jun 2024
Crude oil is trading near multi-month lows. David Williams discusses this, as well as what rate cuts mean for the energy market.
Oil Prices Below $80 Likely Point To A Market In Oversold Territory
10:18am, Thursday, 06'th Jun 2024
After a pensive and somewhat calm month of oil trading in May, market bears returned with a vengeance in June, as both the global proxy benchmark Brent and the U.S.' West Texas Intermediate hit four-m
Oil Market Has Potential to Be Oversupplied in 2025, Says Francisco Blanch
09:12am, Thursday, 06'th Jun 2024
Francisco Blanch, head of commodities and derivatives research at Bank of America Securities, expects Brent crude to average $80 in 2025 as he examines the OPEC+ output decision. -------- More on Bloo
Oil prices gain for second day as hopes for September interest rate cut rise
08:53am, Thursday, 06'th Jun 2024
Oil prices closed more than 1% higher Wednesday, snapping a losing streak triggered by the OPEC+ decision to increase supply.
Crude Oil Price Forecast – Crude Oil Continues to Look For Bottom
08:51am, Thursday, 06'th Jun 2024
The crude oil market has been negative for several sessions, until recently. This is a market that is currently testing a certain amount of support, as the cycle this time of year is likely to be an i
OPEC+ could tweak oil pact if needed, ministers say
07:53am, Thursday, 06'th Jun 2024
OPEC+ could tweak its latest oil output agreement which calls for some output cuts to be reversed later this year if needed to support the market, top OPEC+ ministers said on Thursday after a bearish
November's Election Could Bring A Return To Oil Market Volatility
07:49am, Thursday, 06'th Jun 2024
With a presidential election set for November, polls indicate there is about a 50/50 likelihood of a Donald Trump victory. That outcome would signal a return to some form of the “drill, baby, drill�
Oil prices rise as worries about economic outlook fade
07:33am, Thursday, 06'th Jun 2024
Oil futures rose Thursday, finding support as worries about the outlook for U.S. economic growth faded, though concerns remain about fuel demand as the summer travel season gets under way.
Major Commodities Gain Ahead of the NFP
06:11am, Thursday, 06'th Jun 2024
Gold and oil made gains on Wednesday 5 June as weaker preliminary job data from the USA raised hopes that the Federal Reserve (‘the Fed') might cut its funds rate twice before the end of the year.
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