$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Lower oil prices will persist into 2024: Portfolio Manager
05:45pm, Wednesday, 06'th Dec 2023
Crude oil (CL=F) dipped below $70 per barrel on Wednesday, weighed down by demand concerns. Tortoise Senior Portfolio Manager Rob Thummel believes negative demand sentiment is fueling oil prices to th
Oil slides 25% from summer highs on demand drop
05:15pm, Wednesday, 06'th Dec 2023
Crude oil (CL=F, BZ=F) is down 25% from a late summer high that hit $95 per barrel. Inventory challenges and demand concerns ripple through international markets after OPEC's 2024 production cut annou
U.S. oil futures fall a fifth session to settle at lowest since late June
02:50pm, Wednesday, 06'th Dec 2023
Oil futures fell for a fifth straight session Wednesday, leading U.S. prices to settle below $70 a barrel for the first time in more than five months. “The market is doubtful about the efficacy of O
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives As U.S. Gasoline Stocks Rise
01:21pm, Wednesday, 06'th Dec 2023
Oil traders stay focused on the weakness of oil demand.
U.S. crude drops below $70 per barrel, gas prices fall to 11-month low
11:50am, Wednesday, 06'th Dec 2023
U.S. crude declined nearly 4% on Wednesday with retail gasoline prices hitting the lowest point this year ahead of the holiday shopping and travel season.
Crude Inventories Declined By 4.6 Million Barrels
10:46am, Wednesday, 06'th Dec 2023
Oil prices remain under pressure as gasoline inventories increased by 5.4 million barrels.
Crude Oil Price Forecast – Crude Oil Markets Continue to Break Down
10:10am, Wednesday, 06'th Dec 2023
Crude oil markets broke down rather significantly during the trading session on Wednesday, as we are now through major support.
Oil prices on track for fifth straight loss ahead of inventory data
07:34am, Wednesday, 06'th Dec 2023
Oil futures fell Wednesday morning, on track for a fifth straight losing session, as traders continued to look through additional OPEC+ production cuts, while industry data showed a rise in U.S. crude
Oil Prices Forecast: WTI, Brent Hit Multi-Month Lows Amid OPEC+ Doubts
01:39am, Wednesday, 06'th Dec 2023
Oil prices decline amid stronger U.S. dollar with OPEC+ voluntary output cuts, China demand concerns and rising U.S. inventories contributing.
Oil prices fall on China concerns, scepticism on OPEC+ cuts
08:56pm, Tuesday, 05'th Dec 2023
Oil prices fell in Wednesday Asian morning trading as markets continue to doubt the impact of OPEC+ cuts and take cues from a worsening demand outlook in China.
Oil Market Softens; Saudi Arabia Cuts Asia Prices
07:32pm, Tuesday, 05'th Dec 2023
Oil is trading lower for a fifth day. Key market gauges indicate that supplies are outstripping demand, And Saudi Arabia slashed its official crude oil selling prices to Asia by the most since Febru
Why energy stocks will be challenged in 2024 according to Citi
05:21pm, Tuesday, 05'th Dec 2023
Citi analysts anticipate energy stocks to face headwinds in 2024 on spare oil capacity estimates. Yahoo Finance Senior Business Reporter Ines Ferré reiterates Citi's notes on crude oil supplies follo
U.S. oil futures drop to a 5-month low
02:51pm, Tuesday, 05'th Dec 2023
Oil futures on Tuesday stretched their losses into a fourth consecutive session, pulling U.S. prices to their lowest settlement since early July. “The OPEC+ decision was a clear disappointment last
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows Amid Demand Worries
01:25pm, Tuesday, 05'th Dec 2023
Natural gas is trying to rebound from multi-month lows as traders focus on the bullish changes in weather forecasts.
Oil prices edge lower after 3-day losing streak
07:18am, Tuesday, 05'th Dec 2023
Oil futures on Tuesday threatened to extend their losing streak to a fourth session, extending a decline attributed in part to skepticism over the ability of OPEC+ to deliver on additional production
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