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Buy USO
$135.15
+2.13 (+1.60%)
At Close: Jun 08, 2026
Did OPEC Fumble This One?
10:02am, Tuesday, 11'th Jun 2024
The discussion revolves around the confusion regarding OPEC's recent announcements.
Oil prices little changed as OPEC sticks to demand and steady economic growth forecasts
08:37am, Tuesday, 11'th Jun 2024
OPEC has stuck to its robust oil demand forecasts for 2024 and 2025 as the cartel sees steady global economic growth ahead. Crude oil rallied more than 2% Monday and has now recovered most of the loss
Brent Crude Oil Stabilises Around 81.50 USD Amid Demand Optimism
08:25am, Tuesday, 11'th Jun 2024
Brent crude oil is holding steady at 81.50 USD per barrel on Tuesday, following a significant surge of over 2.5% the previous day. The price increase was driven by optimistic market expectations about
OPEC sticks to 2024 oil demand growth forecast, but trims Q1 view
07:39am, Tuesday, 11'th Jun 2024
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024, despite lower than expected use in the first quarter, saying travel and tourism would support consumpti
Crude Oil News Today: US, China CPI Data, Fed Decisions Crucial to Price Trend
05:43am, Tuesday, 11'th Jun 2024
The 200-day moving average is a crucial indicator; a decisive break above it could shift crude oil from a bearish to a bullish outlook.
Natural Gas and Oil Forecast: Prices React to Saudi Exports and Fed Meeting
01:48am, Tuesday, 11'th Jun 2024
Oil dips to $77.69 as investors anticipate U.S. inflation data and the impact of Saudi crude export reductions.
Oil prices extend rally on potential U.S. crude purchase for reserve
08:59pm, Monday, 10'th Jun 2024
Oil prices rose on Tuesday, extending the previous day's rally on hopes of higher seasonal fuel demand and potential U.S. crude purchases for its petroleum reserve, though gains were capped by a firme
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Bet On Strong Summer Demand
02:23pm, Monday, 10'th Jun 2024
Goldman Sachs analysts have set a $86 price target for Brent oil in the third quarter.
Crude Oil Price Forecast – Crude Oil Continues to Look For Buyers
09:55am, Monday, 10'th Jun 2024
The crude oil market rallied slightly in the early hours on Monday, as the market digests a lot of oversold conditions, and of course the attack on shipping over the weekend.
Oil prices edge higher after weekly loss as Goldman sees supply deficit on summer fuel demand
08:51am, Monday, 10'th Jun 2024
Oil prices rose Monday after posting a loss last week in the wake of the OPEC+ decision to increase production later this year. Goldman Sachs analysts said Brent should rise to $86 in the third quarte
Diamond Offshore Is Being Acquired. The Oil Sector Keeps Consolidating.
08:04am, Monday, 10'th Jun 2024
Noble Corp. is buying Diamond Offshore Drilling in a deal valued at about $1.6 billion.
Oil prices nudge higher after third straight weekly loss
06:50am, Monday, 10'th Jun 2024
Oil futures saw tiny gains early Monday, attempting to find a footing after an OPEC+ decision to begin unwinding some voluntary production cuts later this year helped send crude to a third straight we
Crude Oil News Today: Gains Support as Bulls Await Next Catalyst
06:27am, Monday, 10'th Jun 2024
Given the expected rise in summer transport demand and projected inventory declines, the short-term outlook for oil prices appears cautiously bullish.
Oil market selloff was 'overdone,' says strategist
05:30am, Monday, 10'th Jun 2024
John Driscoll of JTD Energy Services cautions the market against underestimating Saudi Arabia's energy minister, Abdulaziz bin Salman.
