$135.15
+2.13 (+1.60%)
At Close: Jun 08, 2026
Oil Rises After U.S. Reaches Truce With Houthis in Yemen
08:27pm, Tuesday, 06'th May 2025
Oil rose in the morning Asian session after the U.S. reached a truce with the Houthis in Yemen and said it would suspend its airstrikes there.
Crude Oil Price Forecast: Eyes Reversal as Bullish Signals Strengthen
04:42pm, Tuesday, 06'th May 2025
Crude oil's higher low and bullish reversal suggest a potential rebound, with resistance levels and consolidation zones offering clues for near-term market direction.
Devon Energy misses first-quarter profit estimates on lower oil prices
04:14pm, Tuesday, 06'th May 2025
Devon Energy missed first-quarter profit estimates on Tuesday, hit by lower oil prices.
Crude Oil Rises Sharply; US Trade Deficit Widens In March
02:31pm, Tuesday, 06'th May 2025
U.S. stocks traded lower toward the end of trading, with the Dow Jones index falling around 400 points on Tuesday.
The price gap between oil and gold points to a recession and $4,000 gold - Bloomberg's Mike McGlone
02:26pm, Tuesday, 06'th May 2025
Neils Christensen has a diploma in journalism from Lethbridge College and has more than a decade of reporting experience working for news organizations throughout Canada. His experiences include cover
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Soars 3.5% As Geopolitical Risk Premium Rises
02:03pm, Tuesday, 06'th May 2025
Rising spending during China's May Day holiday provided additional support to oil markets.
U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO warns
12:21pm, Tuesday, 06'th May 2025
Diamondback Energy expects U.S. oil production to peak and then decline this year due to low prices. CEO Travis Stice warned that falling production threatens jobs, GDP growth, the nation's trade bala
Crude Oil Price Outlook – Crude Continues to Try to Form Bottom
10:35am, Tuesday, 06'th May 2025
The crude oil markets both look like they are in the midst of trying to form a bottom at this point. The oil production numbers aren't helping though, as OPEC continues to pump out a lot of supply in
Gas Prices Start to Plunge
09:15am, Tuesday, 06'th May 2025
Oil prices have dropped to a four-year low of $57.50 a barrel. The reason was the announcement by OPEC+ that it would raise output by 411,000 barrels per day.
Falling oil prices weigh on energy stocks: How to play Chevron, Exxon
06:15am, Tuesday, 06'th May 2025
Exxon and Chevron stocks have slumped over the past year as both companies navigate weaker oil prices and diverging capital strategies. CFRA research energy equity analyst and deputy research director
Oil News: Crude Futures Rebound on Bargain Buying, But Bearish Outlook Lingers
06:11am, Tuesday, 06'th May 2025
Oil futures recover from steep losses; technical buying lifts prices but bearish forecasts and OPEC strategy keep pressure on sentiment.
Natural Gas and Oil Forecast: Will Rebound Hold or Fake Out Below Resistance?
02:55am, Tuesday, 06'th May 2025
Natural gas and oil rebound over 1%, but resistance levels and surplus fears raise doubts. Can bulls sustain momentum or is a correction imminent?
Trump says with lower oil prices, Putin is more eager to settle the Ukraine war
01:43am, Tuesday, 06'th May 2025
U.S. President Donald Trump said Moscow and Kyiv want to settle the war in Ukraine and that Russian President Vladimir Putin was more inclined towards peace after the recent fall in the price of oil.
Oil, Natural Gas, and US Dollar Technical Analysis: Recession Fears and Technical Breakdowns
11:24pm, Monday, 05'th May 2025
WTI oil remains under bearish pressure amid the threat of a global trade war, while natural gas continues to trade higher after rebounding from the key $3 level.
Oil steadies after falling to four-year lows in previous session
09:01pm, Monday, 05'th May 2025
Oil steadied on Tuesday after hitting four-year lows in the previous session that was driven by an OPEC+ decision to accelerate output increases, stoking fears of oversupply at a time when U.S. tariff
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