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$125.43
-3.40 (-2.64%)
At Close: Jun 12, 2026
Oil prices head for biggest weekly drop since early September as demand concerns persist
08:31am, Friday, 18'th Oct 2024
After rising for the first time in five days a day earlier, crude futures resumed their descent on Friday, with prices of the U.S.-traded benchmark briefly breaking below $70 a barrel overnight.
Schlumberger's stock slumps as falling oil prices turn customers cautious
08:20am, Friday, 18'th Oct 2024
Schlumberger's stock slumps after revenue misses expectations amid “cautious spending” by some international customers as oil prices fell.
Oil News: Bearish Oil Outlook as Futures Eye $65.75 Amid Lower Global Demand
07:07am, Friday, 18'th Oct 2024
Crude oil futures dip near $69.21, threatening further declines as bearish trends dominate the market. OPEC's lowered demand forecast adds downside pressure.
Don't Ignore Oil Price Heresies
07:03am, Friday, 18'th Oct 2024
In 1980, my boss M. I. T. professor Nazli Choucri presented the results of her world oil market computer model (which I assisted on) to the Energy Modeling Forum #6 at Stanford, where they were compar
Natural Gas and Oil Forecast: Reversal or Breakdown? Key Resistance Levels to Monitor
02:29am, Friday, 18'th Oct 2024
Oil markets remain volatile as geopolitical risks ease, but demand uncertainty in China raises concerns, keeping prices at risk of further drops.
Oil Edges Higher Amid Geopolitical Tensions in Middle East
08:36pm, Thursday, 17'th Oct 2024
Oil edged higher in the early morning Asian session after Israeli forces killed Hamas leader Yahya Sinwar, the architect of last year's Oct. 7 attack, officials said.
Oil edges up, but on track for biggest weekly loss in over a month
08:33pm, Thursday, 17'th Oct 2024
Crude oil futures inched higher on Friday, supported by a surprise drop in U.S. oil inventories and simmering Middle East tensions, but prices were headed for their biggest weekly loss in more than a
Crude Oil Price Forecast: Near Key Support, Eyes Potential Bullish Reversal
05:08pm, Thursday, 17'th Oct 2024
Crude oil hit a new low of 69.86, nearing key support, with potential for a bullish reversal if it climbs above Thursday's high of 71.53.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Mostly Flat As Traders Focus On The EIA Report
02:57pm, Thursday, 17'th Oct 2024
Oil markets are trying to stabilize after the recent pullback.
U.S. Crude Oil Stockpiles Fall Unexpectedly
11:33am, Thursday, 17'th Oct 2024
U.S. crude oil inventories fell unexpectedly last week as refineries raised their capacity use and a decline in imports offset an increase in production to a record level.
Crude Inventories Decline By 2.2 Million Barrels, Missing Analyst Expectations
11:15am, Thursday, 17'th Oct 2024
Domestic oil production increased from 13.4 million bpd to 13.5 million bpd.
Crude Oil Price Forecast – Crude Oil Continues to See Support
09:50am, Thursday, 17'th Oct 2024
The crude oil market continues to find a bit of support at this point in time, as the market has recently fallen drastically, and now it looks as if we are trying to find our footing. This is a situat
Oil prices find a floor after 4-day slide despite disappointing Chinese stimulus
08:31am, Thursday, 17'th Oct 2024
Crude futures appeared to stabilize on Thursday, trading modestly higher after sliding for four sessions. But skepticism surrounding the latest stimulus measures announced by China overnight helped ke
Crude oil prices edge higher after four-day losing streak
07:52am, Thursday, 17'th Oct 2024
Although Israel has held back from retaliating against Iran so far, the situation "could change at a moment's notice," according to Rystad Energy.
Oil News: Traders Eye US Inventory Data as Crude Oil Futures Hover Near Key Support
05:27am, Thursday, 17'th Oct 2024
Crude oil futures hover near key support as traders await EIA report; OPEC cuts 2024 demand forecast amid rising non-OPEC production.
