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$43.24
+0.560 (+1.31%)
At Close: Jun 04, 2026
Oil Price Forecast: China's Uncertainties Overshadow OPEC+ Cuts, Oil Rig Drop
01:30am, Monday, 19'th Jun 2023
Global oil prices face a significant decline as worries over China's economy outweigh the impact of OPEC+ cuts and oil rig reduction in the US.
Oil prices come off earlier gains as banks cut China growth forecasts
08:50pm, Sunday, 18'th Jun 2023
Global oil prices fell on Monday, backing off last week's gains as questions over China's economy outweighed OPEC+ output cuts and the seventh straight drop in the number of oil and gas rigs operating
Oil futures gain more than 2% for the week
03:01pm, Friday, 16'th Jun 2023
Oil futures climbed on Friday, with U.S. benchmark prices posting a gain of more than 2% for the week. “Chinese oil demand has been the biggest uncertainty in the market, with the International Ener
Natural Gas, WTI Oil, Brent Oil – Natural Gas Tests New Highs
02:10pm, Friday, 16'th Jun 2023
Oil markets continue to move higher ahead of the weekend.
Talk of an interim U.S.-Iran nuclear deal is just ‘noise', but has potential to ‘upset the oil applecart'
01:47pm, Friday, 16'th Jun 2023
A full return of Iranian oil production would have a significant impact on the global market, analysts say, but isn't likely even as some news reports this week suggested an imminent, interim nuclear
Crude Oil Weekly Price Forecast – Crude Oil Markets Trying to Find a Bottom
10:50am, Friday, 16'th Jun 2023
Crude oil markets initially fell during the week but have turned around to show signs of life. The question now is whether or not we are forming a bottom?
Crude Oil Price Forecast – Crude Oil Market Stall
10:23am, Friday, 16'th Jun 2023
Crude oil markets have been very quiet during the trading session on Friday as we continue to see a lot of noisy behavior.
Russia's Putin: OPEC+ production cuts are non-political
10:19am, Friday, 16'th Jun 2023
Russian President Vladimir Putin said on Friday that decisions made by the OPEC+ group to cut oil production were "depoliticised" and were not connected to what Moscow calls its "special military oper
Richard: $70 is the new $50 as a breakeven point for oil prices
08:01am, Friday, 16'th Jun 2023
Kate Richard, founder and CEO of Warwick Investment Group, discusses the global demand outlook for oil and gas prices, and why there's still under-investment in the energy sector.
Oil prices edge lower, trimming weekly gain
07:53am, Friday, 16'th Jun 2023
Oil futures edged lower Friday, trimming a weekly gain as investors continue to struggle with an uncertain demand outlook.
Oil Price Forecast: Look to End Losing Streak Amid China's Growing Demand
12:48am, Friday, 16'th Jun 2023
China's record-high oil refinery throughput strengthens demand, while a weaker US Dollar enhances affordability and boosts foreign WTI oil demand.
Oil prices dip, pausing after previous session's surge
08:28pm, Thursday, 15'th Jun 2023
Oil prices edged lower in early trade on Friday, taking a pause from the previous session when futures gained steeply on optimism around higher energy demand from top crude importer China.
U.S. oil futures climb back above $70, the highest finish in a week
02:58pm, Thursday, 15'th Jun 2023
Oil futures climbed on Thursday, buoyed by some signs of higher oil demand from China and strength in U.S. gasoline demand for the summer driving season, analysts said. July West Texas Intermediate cr
U.S. Oil Production Update: Trends, Concerns, And Outlook
02:50pm, Thursday, 15'th Jun 2023
As we approach the midpoint of the year, the U.S. is still tracking toward a new annual oil production record for 2023.
Natural Gas, WTI Oil, Brent Oil – Oil Rallies As Traders Bet On Rising China Demand
02:08pm, Thursday, 15'th Jun 2023
WTI oil managed to settle above the $70 level as traders reacted to China refinery data.
