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$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
US oil producers maintain modest growth as OPEC+ eyes extended cuts
02:10pm, Friday, 31'st May 2024
U.S. oil drillers are sticking to pledges to temper spending on boosting output, keeping the world's top crude producer on course for slower growth in 2024 in what may ease pressure on OPEC+ to make f
Goldman Sachs: Oil demand will 'plateau,' not decline after peaking
10:00am, Friday, 31'st May 2024
Nikhil Bhandari, co-head of APAC natural resources and clean energy research at Goldman Sachs, discusses his outlook for oil demand and the implications for both upstream and downstream energy compani
U.S. crude oil on pace for worst month of year ahead of weekend OPEC+ meeting
08:54am, Friday, 31'st May 2024
OPEC+ members on Sunday are expected to review voluntary output cuts of 2.2 million barrels per day. Oil market analysts generally agree that group will likely keep those cuts in place.
Oil prices steady as traders await OPEC+ decision on production cuts
07:34am, Friday, 31'st May 2024
Oil futures were little changed early Friday, but were on track for their first monthly declines of 2024 as traders fretted over gasoline demand and awaited a weekend decision on production cuts by th
Oil price forecasts cut as supply risks trend lower
07:07am, Friday, 31'st May 2024
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ongoing wars in the Middle East and Ukraine, a Reuters poll showed on Frida
Oil giant Saudi Aramco offers a second stock tranche worth billions of dollars
05:39am, Friday, 31'st May 2024
Saudi Arabia said Friday it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019.
Oil alliance OPEC+ could extend production cuts this weekend as focus shifts away from Middle East tensions, sources say
01:14am, Friday, 31'st May 2024
The oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts tell CNBC, even as focus shifts from Middle East
Iran plans to raise oil output to 4 mln barrels per day - Tasnim
02:14am, Sunday, 26'th May 2024
Iran has approved a plan to raise its oil output to four million barrels per day, the country's Tasnim news agency said on Sunday, without providing a time frame.
This admin has policies that ‘strangle' oil supply: Rick Perry
04:00am, Saturday, 25'th May 2024
Former Texas Gov. Rick Perry discusses how Democrats are blaming high gas prices on the oil companies on ‘Maria Bartiromo's Wall Street.
Crude Oil News Today: Will High Inventories and Fed Policy Keep Prices Low?
03:35am, Saturday, 25'th May 2024
Crude oil prices face a bearish short-term outlook due to unexpected inventory increases and concerns over potential Fed interest rate hikes.
Oil on track for weekly loss over demand concerns
05:20pm, Friday, 24'th May 2024
Oil looked set for a weekly loss on Friday after prices retreated Thursday amid concerns that inflation will stay higher for longer and hamper demand.
'NOT TRUE': Economist refutes Biden's claim about selling off US oil reserve
05:00pm, Friday, 24'th May 2024
Heritage Foundation economist Steve Moore reacts to the Biden administration selling 42 million gallons of gas from its reserves in an attempt to reduce prices at the pump on 'The Big Money Show.' #f
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Multi-Month Lows
02:36pm, Friday, 24'th May 2024
Oil markets are moving higher as traders bet on a rebound.
US drillers cut oil and gas rigs for fourth time in five weeks - Baker Hughes
01:12pm, Friday, 24'th May 2024
U.S. energy firms this week cut the number of oil and natural gas rigs operating for the fourth time in five weeks, energy services firm Baker Hughes said in its closely followed report on Friday.
Crude Weekly Price Forecast – Crude Oil Continues to Find Buyers Underneath
12:05pm, Friday, 24'th May 2024
It's worth noting that the summer travel season, of course, puts a lot of demand for petroleum.
