$41.89
-1.35 (-3.12%)
At Close: Jun 05, 2026
Oil prices ease as demand concerns outweigh supply cuts prospect
08:26pm, Monday, 20'th Nov 2023
Oil futures eased on Tuesday, reversing the previous day's rally, as concerns over weaker demand amid a slowing global economy outweighed the prospect of deepening supply cuts by OPEC and its allies s
Not seeing a 'significant slowdown' in oil demand, says RBC's Helima Croft
05:41pm, Monday, 20'th Nov 2023
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Closing Bell Overtime' to talk the state of the crude oil market as prices climb after slipping last week.
Oil outlook: Demand expected to tick higher with supply increase in 2024: JPMorgan
05:24pm, Monday, 20'th Nov 2023
Oil prices rose 2% on Monday as demand remains a significant concern. JPMorgan predicts another choppy year for oil in 2024 with uncertainty around OPEC supply cuts versus growth from other crude prod
Euro Area: A Potential Oil-price Shock Could Weaken Growth, Increase Inflation and Test Ratings
04:20pm, Monday, 20'th Nov 2023
A wider Middle East conflict could adversely impact the credit ratings of some euro-area sovereigns if this resulted in further monetary-policy tightening to tame renewed rises in inflation, and thus
Oil prices score back-to-back session gains
03:10pm, Monday, 20'th Nov 2023
Oil futures on Monday scored a second straight session gain. Expectations for the upcoming Sunday meeting of the Organization of the Petroleum Exporting Countries and their allies are likely to “fig
Saudi Arabia Likely Extend Oil Production Cuts, Wald Says
02:20pm, Monday, 20'th Nov 2023
Saudi Arabia is likely to keep its voluntary oil production cut of 1 million barrels a day into the new year says Ellen Wald, senior fellow at the Atlantic Council. OPEC begins a meeting this weekend.
U.S. gas prices are falling and could hit the cheapest Thanksgiving day price since 2020
01:57pm, Monday, 20'th Nov 2023
Gas prices have fallen for nine weeks now on a seasonal weakening of demand and a drop in crude oil prices.
Why oil is the new gold buy: Marketgauge.com Chief Strategist Michele Schneider
01:20pm, Monday, 20'th Nov 2023
Oil prices (BZ=F, CL=F) have begun to trend upward after 4 weeks of losses ahead of an OPEC+ meeting this weekend. Geopolitical conflicts, production cuts, and easing US sanctions on Venezuelan oils h
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars As Supply Risks Move Back Into Spotlight
01:18pm, Monday, 20'th Nov 2023
Houthi militants seized a cargo ship in Red Sea, raising worries about the safety of oil supply routes.
Crude Oil Price Forecast – Crude Oil Markets Continue Recovery
10:35am, Monday, 20'th Nov 2023
The crude oil markets have rallied a bit during the trading session on Monday, to continue the recovery that we had seen on Friday.
ANALYST VIEW More OPEC+ cuts likely next year, as oil prices plunge, analysts say
09:03am, Monday, 20'th Nov 2023
The Organization of the Petroleum Exporting Countries and allies (OPEC+) are likely to extend or even deepen oil supply cuts into next year, after a more than 15% drop in Brent prices from a peak in S
How Should You Play the International Upstream Oil & Gas Industry?
09:01am, Monday, 20'th Nov 2023
Following a careful analysis of the Zacks Oil and Gas - International E&P industry, we advise focusing on companies like Vermilion Energy (VET) and Tullow Oil (TUWOY).
Oil prices rise as traders await next move by OPEC+
06:53am, Monday, 20'th Nov 2023
Oil futures rose Monday morning, finding support as investors weighed the potential for an extension of production cuts by the Organization of the Petroleum Exporting Countries and its allies after cr
Oil Prices Forecast: Futures Rally as OPEC+ Weighs Deeper Supply Cuts
02:18am, Monday, 20'th Nov 2023
Brent, WTI crude oil futures gain on OPEC+ cut prospects, deeper cut predictions, and weaker US Dollar impacts.
Oil extends gains as OPEC+ to mull deeper cuts
07:43pm, Sunday, 19'th Nov 2023
Oil futures nudged higher on Monday, extending gains on expectations of OPEC+ deepening supply cuts to shore up prices, which have fallen for four weeks on easing concern of Mid-East supply disruption
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