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Buy UCO
$46.88
+1.72 (+3.81%)
At Close: Jun 10, 2026
U.S. crude oil heads for weekly loss as Saudi supplies look set to return
08:45am, Friday, 27'th Sep 2024
U.S. bnchmark West Texas Intermediate crude is down nearly 6% this week, while global benchmark Brent has pulled back nearly 4%. Oil has fallen on the prospect of rising supplies from OPEC+ combined w
The oil market today doesn't preemptively price in risk, says S&P Global's Dan Yergin
08:45am, Friday, 27'th Sep 2024
Dan Yergin, S&P Global vice chairman, joins 'Squawk Box' to discuss state of the oil market, impact of Middle East conflict on energy market, oil price outlook, and more.
OPEC+ Focusing on Inventories Over Price Targets: Oil Analyst Sen
08:08am, Friday, 27'th Sep 2024
Amrita Sen, founder and director of research at Energy Aspects, says OPEC+ is not looking to flood the market with an upcoming increase in production as oil heads for a third straight weekly loss. Sig
Oil steadies, but heads for losing week on prospect of increased supply
07:47am, Friday, 27'th Sep 2024
Oil futures ticked higher Friday, but remained on track for weekly losses on expectations OPEC+ will boost production before year-end as investors cast doubt on whether an aggressive round of monetary
Oil News: China Stimulus Uncertainty Fails to Lift Outlook as OPEC Supply Grows
07:31am, Friday, 27'th Sep 2024
Bearish oil outlook persists as supply rises from OPEC+ and Libya. China's economic stimulus offers little boost to struggling global crude demand.
US Gulf Coast oil prices to take center stage as exports dominate
06:07am, Friday, 27'th Sep 2024
Rising U.S. crude oil exports are boosting the prominence of Gulf Coast price benchmarks and buoying trading volumes on Houston contracts, eroding the significance of the Cushing, Oklahoma, storage hu
Oil Prices: Crude Set for Deep Weekly Loss on Prospects for Saudi Arabia, Libya Supply
04:37am, Friday, 27'th Sep 2024
Macquarie Head of Commodities Strategy Marcus Garvey discusses the outlook for oil which is on course for a substantial weekly decline on prospects of more supply from OPEC members Saudi Arabia and Li
Analyst discusses Saudi Arabia's $100-per-barrel oil price target
03:16am, Friday, 27'th Sep 2024
Carole Nakhle, founder and director of Crystol Energy, says the oil price target may be more of an "indirect message" from Saudi Arabia, to those who undercomply with their commitments within the OPEC
Natural Gas and Oil Forecast: Oil Prices Weaken as OPEC+ Cuts Ease; Eyes on $2.72 Gas Pivot
02:24am, Friday, 27'th Sep 2024
Oil prices fall as OPEC+ production increases, while natural gas tests key support at $2.72. Can markets regain momentum amid global supply shifts?
Oil prices fall as expectations of higher supplies hammer market sentiment
09:17pm, Thursday, 26'th Sep 2024
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher supplies from Libya and the broader OPEC+ group of oil exporters.
Crude Oil Price Forecast: Bearish Reversal, Downside Risk Intensifies
04:21pm, Thursday, 26'th Sep 2024
Crude oil's bearish reversal suggests deeper downside risks, with potential targets near $63.67 and $60.43, following the breakdown of a large symmetrical triangle pattern.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Drops As Bulls Worry That OPEC+ Will Raise Production
02:42pm, Thursday, 26'th Sep 2024
Saudi Arabia is reportedly ready to raise production in December to defend its market share.
VDE And The Factors Impacting Oil Prices
02:03pm, Thursday, 26'th Sep 2024
Vanguard Energy Index Fund ETF Shares has been virtually unchanged since late November 2023. Crude oil prices have fallen to new 2024 lows due to seasonal weakness, the Chinese economic slowdown, and
Crude Oil Price Forecast – Crude Oil Pulls Back on Thursday
09:50am, Thursday, 26'th Sep 2024
The crude oil market continues to see a lot of noisy behavior, as traders are trying to sort out the idea of demand for petroleum, as well as all of the possible issues with geopolitics.
OPEC+ set to go ahead with Dec oil output hike, sources say
09:09am, Thursday, 26'th Sep 2024
OPEC+ is set to go ahead with a December oil output increase as its impact will be small should a plan for some members to make larger cuts to compensate for overproduction be delivered in September a
