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$125.43
-3.40 (-2.64%)
At Close: Jun 12, 2026
Crude Oil Prices Fall to Lowest Level of 2024 as OPEC Cuts Demand Outlook
05:20pm, Tuesday, 10'th Sep 2024
Crude oil futures slipped roughly 4% in trading Tuesday after OPEC—a dominant coalition of oil-producing nations—cut back on its demand outlook and growth projections for this year and the next.
Crude Oil Price Forecast: Tests Support Zone After 16% Decline
04:49pm, Tuesday, 10'th Sep 2024
Crude oil's sharp 16% drop reached new lows today, testing a Fibonacci support zone. Traders now watch for signs of a potential short-term counter-trend rally.
China's oil demand has peaked: signs of economic malaise or part of a bigger plan?
12:00am, Monday, 09'th Sep 2024
Dave Ernsberger from S&P Global Commodity Insights and APPEC Chairperson discusses the impact of China's oil demand on the market.
S&P Global expects OPEC+ to start oil output increases next year
10:40pm, Sunday, 08'th Sep 2024
S&P Global expects the Organization of the Petroleum Exporting Countries and its allies, the group known as OPEC+, to start increasing production for the first time in a couple of years in 2025, an S&
Oil prices rise more than $1 in early trading
09:55pm, Sunday, 08'th Sep 2024
Oil futures rose more than $1 in early trading on Monday as a potential hurricane system approached the U.S. Gulf Coast, and as markets recovered from a selloff following weaker than expected U.S. job
Oil News: Will Weak Demand from China and U.S. Drag Crude Prices Lower This Week?
10:44am, Saturday, 07'th Sep 2024
China's economic slowdown hits crude oil demand, while OPEC+ raises production—will oil prices drop further this week? Full analysis and forecast.
Goldman Sachs expects OPEC+ production increases to start in December
08:06pm, Friday, 06'th Sep 2024
Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday
BofA cuts 2025 oil forecast as oil wraps up its worst week since October 2023
06:57pm, Friday, 06'th Sep 2024
Francisco Blanch, BofA Securities head of commodities and derivatives research, joins 'Fast Money' to discuss BoA's cut on Brent crude oil.
Why OPEC's Decisions Impact The U.S.
04:34pm, Friday, 06'th Sep 2024
Earlier this year, OPEC and its partners announced that it would begin to ease production cuts for members in the fall. However, with oil prices in steep decline, the group just announced a pause in t
Chevron vice chair discusses oil demand, Hess deal
04:09pm, Friday, 06'th Sep 2024
Chevron (CVX) has announced plans to boost oil (BZ=F, CL=F) and natural gas recovery at two of the energy giant's US Gulf of Mexico facilities. Chevron Vice Chairman Mark Nelson sits down with Brad Sm
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows On Demand Concerns
02:46pm, Friday, 06'th Sep 2024
Oil traders stay focused on economic data from the U.S. and China.
Crude Weekly Price Forecast – Crude Continues to Look Weak
11:58am, Friday, 06'th Sep 2024
The oil markets continue to look weak at the moment, as this past week has been dreadful. The market will continue to see a lot of volatility, but it is worth noting that the market is a leading econo
Crude Oil Price Forecast – Crude is Trying to Fight Back
10:36am, Friday, 06'th Sep 2024
In the early hours of Friday, we saw crude oil try to recover from the relentless selling pressure. At this point in time, we could be looking at a signal that things are about to get worse from an ec
Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market
08:31am, Friday, 06'th Sep 2024
The Brent global benchmark has fallen 7.2% and is on pace for its worst week since October 2023. The U.S. benchmark is down 5.4% for its worst week since early May.
Oil Demand Worries And Natural Gas Supply Risks
08:10am, Friday, 06'th Sep 2024
Demand concerns and prospects for a supply surplus in 2025 have weighed on oil prices. We've revised lower our Brent forecast for the rest of the year.
