$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Crude climbs as U.S. reportedly considers oil sanctions on Russia
10:16am, Wednesday, 11'th Dec 2024
Crude prices headed higher for a third straight session on Wednesday, with China's plans to boost its economy expected to lift energy demand and as talk of new U.S. oil sanctions on Russia raised pros
OPEC Further Trims Oil-Demand Forecast After Output-Hike Delay
07:55am, Wednesday, 11'th Dec 2024
The Vienna-based cartel cut its forecast for oil-demand growth for the fifth consecutive month after further postponing plans to increase output amid softer prices and market concerns over weaker glob
OPEC again cuts 2024, 2025 oil demand growth forecasts
07:47am, Wednesday, 11'th Dec 2024
OPEC on Wednesday cut its forecast for global oil demand growth in 2024 and also lowered its projection for next year, marking the producer group's fifth consecutive downward revision in its monthly r
Oil News: China's Policy Shift Fuels Demand Outlook as Traders Await EIA Data
06:24am, Wednesday, 11'th Dec 2024
China's monetary easing fuels crude oil demand optimism as traders eye EIA data for inventory insights. Can crude sustain its rally above key resistance levels?
Natural Gas and Oil Forecast: Will U.S. Crude Draw Trigger a Market Rally?
01:54am, Wednesday, 11'th Dec 2024
Crude stocks rose 499k barrels, but analysts predict a 900k-barrel draw. Will market sentiment fuel a rally?
Oil prices edge up on demand hopes from China's 'looser' monetary policy
08:41pm, Tuesday, 10'th Dec 2024
Oil prices rose slightly early on Wednesday, with market participants expecting to see demand rising in China next year after Beijing announced a looser monetary policy to stimulate economic growth.
Oil Edges Higher; Focus on U.S. CPI Data, Fed
08:32pm, Tuesday, 10'th Dec 2024
Oil rose in early Asian trade. Market focus has shifted to macroeconomic factors, with the Fed expected to announce a rate cut next week, XTB MENA said.
Crude Oil Price Forecast: Triangle and Wedge Patterns Point to Crude Oil Breakout
04:50pm, Tuesday, 10'th Dec 2024
Resistance at the 20-Day MA holds crude oil back, while triangle and wedge patterns signal potential volatility spikes before the year ends.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Ground As Traders Focus On China's Stimulus Plans
02:16pm, Tuesday, 10'th Dec 2024
Oil markets continue to rebound after the recent pullback, which was driven by demand worries.
What the oil and gas industry wants from Trump and how the administration might deliver it
11:17am, Tuesday, 10'th Dec 2024
Increasing liquified natural gas exports and leasing more federal land for drilling are the top of the oil and gas industry's wish list for Trump's second term. The president-elect is setting up a new
Crude Oil Price Outlook – Crude Oil Continues to See Supportive Action
10:25am, Tuesday, 10'th Dec 2024
The crude oil market continues to see a lot of noise overall, as the market is trying to see whether or not we are at the bottom overall.
Oil prices slip as geopolitical worries ebb
06:58am, Tuesday, 10'th Dec 2024
Oil futures edged lower Tuesday morning, giving back some of the gains scored the previous session in reaction to the fall of the Assad regime in Syria and a pledge by China's Politburo to implement e
Oil News: China's Import Uptick Buoys Oil Demand but Recovery Unclear
06:19am, Tuesday, 10'th Dec 2024
China's crude imports rise, boosting demand hopes, but weak inflation clouds recovery outlook.
Natural Gas and Oil Forecast: Will U.S. Policy Shifts Boost Energy Demand?
02:17am, Tuesday, 10'th Dec 2024
U.S. rate cut speculation adds pressure on energy markets as traders weigh Federal Reserve decisions and demand outlooks.
Oil, Natural Gas, and US Dollar Technical Analysis: Price Movements Amid Global Uncertainty
09:03pm, Monday, 09'th Dec 2024
Oil and natural gas markets are consolidating within tight ranges while the US dollar rebounds from its support zone.
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