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Buy USO
$131.30
-3.85 (-2.85%)
At Close: Jun 09, 2026
Oil prices on track for weekly gain on solid demand outlook
09:04pm, Thursday, 13'th Jun 2024
Oil prices fell on Friday but were on track for their first weekly gain in four weeks as markets assessed the impact of higher-for-longer U.S. interest rates versus solid outlooks for crude and fuel d
Offshore oil driller Noble will get 'ever pickier' on M&A after Diamond deal, CEO says
05:25pm, Thursday, 13'th Jun 2024
Oil driller Noble Corp (NE) is set to acquire Diamond Offshore Drilling (DO) in a stock-plus-cash deal valued at $1.6 billion. Noble Corp. CEO and President Robert Eifler sits down with the Market Dom
Crude Oil Price Forecast: Faces Pullback After Hitting Resistance
04:21pm, Thursday, 13'th Jun 2024
Crude oil reached resistance at 79.46, forming a shooting star candlestick pattern, indicating a potential pullback as it remains in a downtrend.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat Despite Dollar's Rebound
02:30pm, Thursday, 13'th Jun 2024
Oil prices are stabilizing after the strong rebound from June lows.
OPEC calls for more fossil fuel investment to prevent shortfall, dismisses peak oil demand prediction
01:02pm, Thursday, 13'th Jun 2024
OPEC sees oil demand growing by 25 million barrels per day in the developing world through 2045, with China and India alone contributing 10 million bpd. OPEC Secretary General Haitham Al Ghais called
OPEC sees no peak oil demand long term, secretary general says
11:26am, Thursday, 13'th Jun 2024
OPEC does not see a peak in oil demand in its long-term forecast and expects demand to grow to 116 million barrels a day by 2045, and may be higher, the secretary general said on Thursday.
Russia's oil output exceeded OPEC+ quotas in May, pledges to meet obligations
10:20am, Thursday, 13'th Jun 2024
Russia's energy ministry said on Thursday that its oil production in May exceeded quotas set by the OPEC+ group of major oil producing countries, while pledging to meet its obligations.
Crude Oil Price Forecast – Crude Oil Continues to Show Resilient Behavior
09:45am, Thursday, 13'th Jun 2024
Crude oil continues to make a lot of noise at this point in time, and therefore it makes a lot of sense that people are trying to pick it back up, finding value in these drops. Whether or not that hol
Oil prices fall after bearish increase in U.S. stockpiles, cautious Fed rate cut outlook
08:46am, Thursday, 13'th Jun 2024
The advance in oil futures has taken a pause after new U.S. inventory data this week did not provide support, together with Wednesday's Federal Reserve meeting. Still, oil prices have gained about 3%
Oil prices fall, dogged by rise in crude, gasoline stocks
07:26am, Thursday, 13'th Jun 2024
Oil futures fell Thursday, feeling pressure a day after government data showed U.S. crude and gasoline stocks unexpectedly rose.
Crude Oil News Today: Fed's Rate Decision, Rising US Stocks Pressure Prices
05:29am, Thursday, 13'th Jun 2024
Fed's delayed rate cuts, rising U.S. crude stockpiles, and cautious demand forecasts suggest continued pressure on oil prices.
Rizk: IEA Report Will Not Impact Oil Market Short-Term
05:28am, Thursday, 13'th Jun 2024
Zeina Rizk, Amwal Capital Partners Co-Head of Fixed Income says the IEA report is worrying but won't impact oil markets in the short term. She also discusses GCC fixed income, including Turkey and Egy
Natural Gas and Oil Forecast: Crude Stockpiles Rise, WTI Falls to $78.25; What's Next?
01:52am, Thursday, 13'th Jun 2024
Crude stockpiles surged unexpectedly, causing WTI to slip to $78.25. What does this mean for future oil and gas prices?
Oil slips on US growth worries, ample crude supply
08:50pm, Wednesday, 12'th Jun 2024
Oil prices fell in early trade on Wednesday as investors digested news that the U.S. Federal Reserve has opted against cutting interest rates in the near future, while ample U.S. crude and fuel stocks
IEA warns of 8M barrel per day oil surplus by 2030
02:45pm, Wednesday, 12'th Jun 2024
The International Energy Agency (IEA) has raised concerns about a potential oversupply in the global oil market, warning that a surge in US-led production could outstrip demand by a staggering 8 milli
