$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Crude Oil Price Forecast – Crude Oil Markets Continue To Show Volatility
11:43am, Friday, 01'st Dec 2023
Crude oil markets have been all over the place over the last couple of days, as we continue to bounce around in a well-defined consolidation region.
UNICEF: Fossil fuels must be phased out
11:37am, Friday, 01'st Dec 2023
"The only acceptable role that fossil fuel industries have is to phase out fossil fuels" Vanessa Nakate, the UNICEF goodwill ambassador, says #africa needs green energy investment to lift communities
Energy traders sell the OPEC news; a rebound is coming
10:45am, Friday, 01'st Dec 2023
The price of WTI and Brent crude fell despite another production cut from OPEC. The cut was expected and helps keep the oil market in a tight balance, so this looks like a buy-the-rumor-sell-the-news
How Will the OPEC Supply Cuts and Brazil's Entry Impact Oil?
09:46am, Friday, 01'st Dec 2023
While OPEC's latest cut failed to buy oil prices, there is a significant opportunity to be had for investors who are willing. We suggest buying stocks like SU, EOG and MUR.
Vietnam, at COP28, details plan to use $15.5 billion funding to cut coal use
09:18am, Friday, 01'st Dec 2023
Vietnam's Prime Minister Pham Minh Chinh said on Friday that his country has forged a plan with G7 governments and lenders for how it would use an agreed multi-billion dollar cash injection to reduce
U.S. Oil Land Grab Continues
09:03am, Friday, 01'st Dec 2023
Occidental's talks with CrownRock will make the few remaining large parcels in the Permian basin pricey.
Natural Gas and Oil Analysis: Market Reactions to OPEC+ Decisions and Technical Trends
08:11am, Friday, 01'st Dec 2023
Oil prices exhibit stabilization following OPEC+'s production cuts, with Brent crude and WTI futures experiencing modest increases amid market skepticism.
Exclusive: At COP28, donors join IFC to lure $11 bln in climate cash
08:04am, Friday, 01'st Dec 2023
Some of the world's biggest charities have joined forces with the World Bank's private investment arm in a climate financing venture to try to generate $11 billion in investments in developing countri
Oil prices stabilize after slumping on OPEC+ disappointment
07:53am, Friday, 01'st Dec 2023
Oil futures rose Friday, attempting to find their footing and on track for weekly gains, after slumping the previous session after the outcome of an eagerly awaited OPEC+ meeting left traders unconvin
COP28 Will Generate Headlines But Not Much Else
07:47am, Friday, 01'st Dec 2023
COP28 will not seriously address the problem of energy poverty, because it requires either expensive renewables or 'bad' fossil fuels.
Oil Prices Forecast: Mixed Reactions to OPEC+'s Production Strategy
12:38am, Friday, 01'st Dec 2023
OPEC+'s latest strategy, impacting crude oil futures, seeks to adjust supply in response to 2024's economic outlook.
Oil prices fall, extend slide after OPEC+ cuts underwhelm
08:40pm, Thursday, 30'th Nov 2023
Oil prices fell in early Asian trade on Friday, extended losses after OPEC+ producers agreed to voluntary oil output cuts for the first quarter next year that fell short of market expectations.
U.S. oil production is a 'real problem for OPEC', says top energy analyst Paul Sankey
06:25pm, Thursday, 30'th Nov 2023
Paul Sankey, Sankey Research, joins 'Fast Money' to talk today's OPEC+ meeting, what's ahead for the energy markets and more.
Saudi Arabia extends oil production cuts into start of 2024
06:11pm, Thursday, 30'th Nov 2023
OPEC+ announced Thursday that it is deepening oil production cuts, but crude prices actually dropped amid investor skepticism over the supply curb.
OPEC+ Switches From ‘Saudi Lollipop' To A Group Fudge Of Voluntary Output Cuts
03:20pm, Thursday, 30'th Nov 2023
A skeptical crude oil market was seeking another 'Saudi Lollipop' but got treated to an unedifying OPEC+ fudge instead as the group offered 2.2 mbpd in voluntary cuts.
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