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$46.70
+1.89 (+4.22%)
At Close: Jun 08, 2026
The Supply & Demand of Crude Oil This Summer
03:38pm, Tuesday, 02'nd Jul 2024
Oil prices are higher in hopes of a robust summer driving season, notes Ellen Wald. She and David Hay discuss oil and gas, as crude oil remains above the $80 level.
Top US Energy Advisor Says Oil and Gas Supply Are Stable
02:34pm, Tuesday, 02'nd Jul 2024
Amos Hochstein, deputy assistant to the President, and senior advisor for energy and investment, says the US gas and oil supply are stable. He says there is enough oil in the Strategic Petroleum Reser
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Profit-Taking
02:29pm, Tuesday, 02'nd Jul 2024
Oil traders take some profits off the table near multi-week highs.
Crude Awakening: Will Oil Prices Surge Past $95 Before Year-End?
02:22pm, Tuesday, 02'nd Jul 2024
Crude oil outlook turns bullish, driven by OPEC+ cuts, summer demand surge, and Middle East tensions. China's recovery crucial for sustained rally.
Oil prices rise on looming Hurricane Beryl risk, Middle East tensions
12:30pm, Tuesday, 02'nd Jul 2024
Oil prices (BZ=F, CL=F) are rising as Hurricane Beryl quickly turns into a Category 5 storm, moving through the Caribbean into the Gulf of Mexico. Meanwhile, tensions in the Middle East continue, furt
Crude Oil Price Forecast – Crude Oil Continues to See Buyers
09:39am, Tuesday, 02'nd Jul 2024
The crude oil market has been bullish for some time, and at this point in time, I think a lot of traders are jumping into this market to take advantage of the summer demand. Furthermore, there are a l
OPEC oil output rises for second month in June, Reuters survey finds
09:14am, Tuesday, 02'nd Jul 2024
OPEC oil output rose in June for a second consecutive month, a Reuters survey found on Tuesday, as higher supply from Nigeria and Iran offset the impact of voluntary supply cuts by other members and t
U.S. crude oil hits two-month high, tops $84 per barrel amid war and hurricane fears
08:51am, Tuesday, 02'nd Jul 2024
U.S. crude oil has hit two-month highs amid fears of war between Israel and Hezbollah, and an early and active hurricane season in the Gulf of Mexico. Gasoline prices have hit $3.50 per gallon average
Watch These Key WTI Oil Price Levels As Chart Signals Possible Breakout
07:31am, Tuesday, 02'nd Jul 2024
West Texas Intermediate (WTI) crude oil jumped more than 2% to an eight-week high on Monday amid expectations of improving demand over the summer travel months and growing concerns that a regional exp
Crude Oil News Today: OPEC+ Restrictions, Summer Travel Boom Set Bullish Tone
07:00am, Tuesday, 02'nd Jul 2024
The crude oil outlook is bullish short-term with OPEC+ likely to maintain production cuts until prices exceed $90/barrel.
Oil prices extend gains on July 4 travel expectations, Hurricane Beryl worries
06:58am, Tuesday, 02'nd Jul 2024
Oil futures rose Tuesday, trading at their highest since late April, with gains tied to expectations for heavy travel around the Independence Day holiday and concerns that powerful Hurricane Beryl cou
Natural Gas and Oil Forecast: WTI Nears $83.50; Bearish Correction Ahead?
02:04am, Tuesday, 02'nd Jul 2024
Natural gas dips to $2.46 while WTI nears $83.50, prompting analysts to warn of possible market correction driven by rate cut speculation and storm threats.
Oil holds near two-month high on higher demand outlook, possible rate cut
09:51pm, Monday, 01'st Jul 2024
Oil prices were little changed on Tuesday, holding near the two-month highs reached in the previous session, on expectations for rising fuel demand from the summer travel season and possible U.S. inte
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests Multi-Month Highs As Traders Focus On Rising Demand
02:27pm, Monday, 01'st Jul 2024
Oil prices are supported by strong demand during the summer driving season.
Oil market's biggest risk is Middle East tensions, analyst says
01:48pm, Monday, 01'st Jul 2024
Oil prices (BZ=F, CL=F) move a notch higher Monday ahead of the July Fourth weekend and the broader summer driving season. Could geopolitical tensions in the Middle East and seasonal factors push crud
