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$46.70
+1.89 (+4.22%)
At Close: Jun 08, 2026
U.S. crude oil on pace for third weekly decline as China demand outweighs U.S. growth
08:24am, Friday, 26'th Jul 2024
U.S. oil is down 2.7% this week while Brent is 0.84% lower. Surprise rate cuts by China this week raised worries that Beijing is struggling to breathe life into the world's second largest economy.
Oil prices remain lower amid Gaza ceasefire hopes as investors prepare for PCE data
08:24am, Friday, 26'th Jul 2024
Oil prices were little changed early Friday morning, weighed down by expectations of a Gaza hostage and ceasefire deal that could move forward after U.S. President Joe Biden and Israeli Prime Minister
Here's what a Harris presidency could mean for energy markets and oil prices
07:15am, Friday, 26'th Jul 2024
Helima Croft, Global Head of Commodity Strategy at RBC Capital Markets, discusses what a Kamala Harris presidency would mean for the energy markets.
How Could Kamala Harris Affect Big Oil?: BNEF
06:41am, Friday, 26'th Jul 2024
What would a Kamala Harris presidency mean for the energy industry, particularly as Big Oil has been tapping the brakes on divesting fossil-fuel assets? Luxi Hong, head of BloombergNEF's downstream oi
Oil News: Prices Set for Third Weekly Decline Amid Mixed Economic Signals
06:34am, Friday, 26'th Jul 2024
Oil prices drop for third week as traders struggle with momentum, while U.S. growth beats expectations and China's demand declines. Read the full analysis now.
Natural Gas and Oil Forecast: Chinese Demand Falls, Will WTI Continue to Drop?
01:29am, Friday, 26'th Jul 2024
With Chinese oil demand falling by 8.1%, concerns about consumption rise, putting pressure on WTI prices.
Oil edges up on strong US GDP data but Asia economic woes limit gains
08:42pm, Thursday, 25'th Jul 2024
Oil prices were up slightly on Friday on stronger-than-expected U.S. economic data that raised investor expectations for increasing crude oil demand from the world's largest energy consumer.
Crude Oil Price Forecast: Reversal Day Signals Strength
04:17pm, Thursday, 25'th Jul 2024
Signs of a bullish reversal in crude oil emerge as it bounces from 77.06, reclaiming key levels and targeting a breakout above 79.45.
Mining Stock Tumbles as Oil Prices Soften
03:17pm, Thursday, 25'th Jul 2024
Newmont Corporation (NYSE:NEM) stock is down 3.5% to trade at $46.07 at last check, brushing off a second-quarter earnings and revenue beat as gold prices soften.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Rebounds As GDP Growth Rate Exceeds Expectations
02:21pm, Thursday, 25'th Jul 2024
The strong GDP report provided significant support to oil markets.
Crude Oil Price Forecast – Oil Falls but Bounces After GDP in America
10:17am, Thursday, 25'th Jul 2024
The oil markets fell a bit in the early hours of Thursday, as the markets continued to show signs of panic overall. However, the Advance GDP numbers in America were hotter than anticipated, thereby dr
Oil prices fall more than 1% as worries about Chinese economy grow after surprise rate cuts
08:43am, Thursday, 25'th Jul 2024
Concerns about China's economy are outweighing the impact of declining U.S. crude inventories. In this article @LCO.1
Philippines battles to contain oil spill as tanker sinks, leaving one dead
06:44am, Thursday, 25'th Jul 2024
A tanker carrying 1.4 million liters of industrial fuel capsized off the coast of Philippines, leading to one casualty and a vast oil spill, local authorities said Thursday. Sixteen other crew members
Oil News: Mixed Demand Signals Pressure Prices Lower
05:50am, Thursday, 25'th Jul 2024
Oil prices drop as traders weigh U.S. inventory draws and China's weak demand. Wildfires in Alberta disrupt major oil production sites, adding uncertainty.
TotalEnergies Q2 earnings rise on higher oil prices
02:18am, Thursday, 25'th Jul 2024
French oil major TotalEnergies reported a 14.6% rise in second-quarter earnings, below analyst expectations, as higher oil prices lifted crude sales and offset weaker refined product and gas sales.
