$133.02
-3.72 (-2.72%)
At Close: Jun 05, 2026
Oil prices are projected to continue sliding. Here's why
02:49pm, Friday, 08'th Aug 2025
Oil prices edged higher on Friday but were poised for the steepest weekly losses since late June on a tariff-hit economic outlook and a potential meeting between U.S. President Donald Trump and Russia
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Attempt To Rebound After The Strong Pullback
02:36pm, Friday, 08'th Aug 2025
Oil markets stabilized as traders took some profits off the table after the major move.
Crude Oil Price Outlook – Crude Oil Attempting to Bounce
10:48am, Friday, 08'th Aug 2025
The crude oil market continues to see a lot of noise, as we are trying to bounce a bit just below an important level in both grades of oil that I follow here at FX Empire.
OPEC oil output rises in July led by UAE and Saudi, survey finds
09:40am, Friday, 08'th Aug 2025
OPEC's oil output rose further in July after an OPEC+ agreement to raise production, a Reuters survey found on Friday, although the hike was limited by Iraq making additional cuts and by drone attacks
Oil News: WTI Bearish Below 50-Day MA as Growth and Demand Fears Bite
07:12am, Friday, 08'th Aug 2025
WTI holds above $62.69 but stays bearish under 50-day MA. Slower growth and weak oil demand weigh on crude oil outlook, keeping sellers in control.
Natural Gas and Oil Forecast: Prices Struggle as OPEC Output and Trade Tensions Weigh
02:38am, Friday, 08'th Aug 2025
Oil and gas markets weaken as OPEC output expectations and trade tensions cap gains. Key support and resistance levels guide the next move.
Crude Oil Price Forecast: Breakdown Deepens as Key Support Fails
04:35pm, Thursday, 07'th Aug 2025
Selling pressure intensifies with risk building toward lower price levels.
What's at stake for oil prices ahead of Trump's Friday deadline for Russia-Ukraine cease-fire
03:39pm, Thursday, 07'th Aug 2025
Investors may soon find out just how willing President Donald Trump is to punish Russia in the face of a potential jump in oil prices, as a Friday deadline set by the White House for a cease-fire with
Citi's base case sees Brent prices heading towards low-$60s/bbl by end-year
03:01pm, Thursday, 07'th Aug 2025
Analysts at Citibank said on Thursday their base case remains for Brent oil prices to head toward the low $60s per barrel by the end of this year, citing softening markets.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Remains Under Pressure As Traders Focus On U.S. – Russia Talks
02:35pm, Thursday, 07'th Aug 2025
Oil traders focus on rising supply from OPEC+ countries.
Crude Oil Price Outlook – Crude Oil Continues to Look Threatened After Russian Announcement
10:17am, Thursday, 07'th Aug 2025
The Russians announced on Wednesday that they are increasing production of oil, adding to the overly large drilling supply from the USA, OPEC, and others. At this point, the markets continue to see a
Why the oil market does not believe Trump's threats to tariff countries that buy Russian crude
10:08am, Thursday, 07'th Aug 2025
President Donald Trump has threatened to impose tariffs on Russian oil buyers if Moscow does not agree to ceasefire in Ukraine this week. Trump is targeting India with an additional 25% tariff for buy
Oil News: Market Stalls Between 50- and 200-Day Averages, Volatility Ahead
06:41am, Thursday, 07'th Aug 2025
Crude oil futures stall between 50- and 200-day moving averages, with geopolitical risks and U.S. inventory draws fueling potential breakout.
Low global diesel supplies support crude prices despite OPEC+ boost
06:05am, Thursday, 07'th Aug 2025
Low diesel stockpiles worldwide are countering the downward pressure on crude oil prices from rising OPEC+ supply and setting the stage for a third consecutive year of above-normal refining profits.
Kuwait oil minister says OPEC monitoring market, Trump remarks on Russian oil
05:50am, Thursday, 07'th Aug 2025
Kuwait's Oil Minister Tariq Al-Roumi said on Thursday that OPEC is closely monitoring global oil supply, demand trends, and U.S. President Donald Trump's recent remarks on Russian oil.
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