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Buy USO
$125.43
-3.40 (-2.64%)
At Close: Jun 12, 2026
Wall Street On Edge As Nasdaq Nears Record High, Oil Prices Plummet: Strategist Says There's Opportunity If Resilience Continues
06:43am, Tuesday, 15'th Oct 2024
Wall Street mood has become circumspect as traders gear up to receive a slew of earnings reports this week amid the market's record run. The Nasdaq Composite has been a laggard among the major average
Oil Plunges. Why China Is a Bigger Problem for Prices Than Israel, Iran War.
06:05am, Tuesday, 15'th Oct 2024
Crude benchmarks slumped on Tuesday as traders fretted about weak Chinese demand and weighed up a report saying that Israel won't attack Iranian oil targets.
Crude oil prices fall more than 4% as looming surplus overshadows Iran-Israel tensions
05:42am, Tuesday, 15'th Oct 2024
World oil demand is expected to slow this year and in 2025 as consumption in China is particularly weak, according to the IEA. OPEC cut its 2024 forecast for the third month in a row this week.
Oil News: Crude Prices Drop Sharply as Demand Weakens and Iran Supply Fears Ease
05:32am, Tuesday, 15'th Oct 2024
Oil prices slide as demand falters and supply fears ease. OPEC lowers demand outlook, and the IEA predicts a potential oil surplus in 2024.
Oil slides after report Israel won't target Iran's oil facilities
05:29am, Tuesday, 15'th Oct 2024
Oil futures tumbled after a report that Israel will not attack key oil facilities in Iran.
IEA Trims Oil-Demand Forecast for Third Consecutive Month
04:07am, Tuesday, 15'th Oct 2024
The International Energy Agency trimmed its forecast for this year's oil-demand growth for the third month in a row, as a rapid slowdown in Chinese consumption weighs on the global outlook.
Long-Term Oil Outlook Seems So Bearish: 3-Minute MLIV
04:00am, Tuesday, 15'th Oct 2024
Anna Edwards, Lizzy Burden, Guy Johnson, and Rachel Evans break down today's key themes for analysts and investors on "Bloomberg: The Opening Trade." -------- More on Bloomberg Television and Markets
Natural Gas and Oil Forecast: Weak Chinese Demand and Technical Barriers Weigh Heavily
02:04am, Tuesday, 15'th Oct 2024
Oil prices slip 3% as China's demand weakens and resistance levels hold. Will geopolitical tensions continue to support the market?
Oil Drops Again as Iran's Crude Supply Concerns Ease
01:32am, Tuesday, 15'th Oct 2024
Oil fell for a third session after a report from the Washington Post that Israel may avoid targeting Iran's crude infrastructure. Bloomberg's Anthony Di Paola breaks down the situation.
Oil and Natural Gas Technical Analysis Following China's Inflation Decline
09:55pm, Monday, 14'th Oct 2024
Oil and natural gas prices are experiencing bearish pressure following the release of China's CPI and PPI data, along with ongoing geopolitical uncertainty.
Oil prices drop $2 on demand concerns, Israel comments
09:03pm, Monday, 14'th Oct 2024
Oil prices slid $2 in early Asian trade on Tuesday as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report that Israel is willing to strike Iranian military and no
Oil Falls Amid Worsening Sentiment
08:38pm, Monday, 14'th Oct 2024
Oil fell in the early Asian session amid worsening sentiment.
OPEC trims its China crude demand forecast, but nowhere near enough: Russell
08:16pm, Monday, 14'th Oct 2024
OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer group is still massively optimistic given the reality of falling imports.
Citi Sees Possibility of $120 Oil if Supplies Are Disrupted
02:49pm, Monday, 14'th Oct 2024
Crude oil prices could jump if supplies are disrupted by conflict in the Middle East, analysts at Citi Research said.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As OPEC Cuts Demand Forecast
02:38pm, Monday, 14'th Oct 2024
OPEC reduced 2024 demand growth forecast from 2 million bpd to 1.9 million bpd.
