$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Crude Inventories Fall By 1.8 Million Barrels; WTI Oil Settles Near $69.00
10:56am, Wednesday, 27'th Nov 2024
Gasoline inventories increased by 3.3 million barrels from the previous week.
Crude Oil Price Outlook – Crude Looks Comfortable Here
08:42am, Wednesday, 27'th Nov 2024
During the early hours of Wednesday, crude oil markets were relatively flat as we are sitting in the middle of a larger consolidation range for both grades that I follow for FX Empire. Because of this
Oil prices tick higher as attention turns to OPEC+ decision on crude production
06:50am, Wednesday, 27'th Nov 2024
Oil futures edged higher Wednesday as traders turned their attention to a weekend meeting of OPEC+.
Oil News: Ceasefire and OPEC+ Delay Prospects Steady Crude Outlook
06:39am, Wednesday, 27'th Nov 2024
Crude oil steadies near $69.11 as traders await OPEC+ meeting. Key resistance levels and inventory data shape the short-term oil outlook.
Trump Treasury Nominee's Oil Math Doesn't Add Up
06:30am, Wednesday, 27'th Nov 2024
Boosting energy production is easier said than done, and the effect on the government deficit isn't clear either.
Trump's Actions Could Derail the Fed's Rate-Cutting Strategy
04:50am, Wednesday, 27'th Nov 2024
Just as the United States appears to be gaining ground in its battle against inflation, a potential trade war ignited by President Trump's proposed tariffs on Canadian, Mexican, and Chinese goods coul
Oil watchers say inflation risks will stave off Trump's Canada tariff threat
04:13am, Wednesday, 27'th Nov 2024
Higher fuel prices could be in the cards if President-elect Donald Trump implements tariffs on Canada, said industry experts. U.S. refiners who rely on Canadian oil barrels could face lower margins, a
Natural Gas and Oil Forecast: OPEC+ Talks and Ceasefire Shape Price Trends
01:33am, Wednesday, 27'th Nov 2024
Geopolitical tensions and OPEC+ discussions impact WTI and Brent prices. Explore key levels, demand shifts, and inventory trends.
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
12:05am, Wednesday, 27'th Nov 2024
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
Oil prices steady amid focus on Israel-Hezbollah ceasefire, OPEC+ policy
08:58pm, Tuesday, 26'th Nov 2024
Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday's OPEC+ meeting.
Oil Prices Edge Higher Amid Supply Concerns
08:16pm, Tuesday, 26'th Nov 2024
Oil prices edged higher in early Asia trade on reports of potential further delays to OPEC's planned production hikes, ANZ research analysts said.
Crude Oil Price Forecast: Pattern Tightens Revealing Lower Top Pivot
04:33pm, Tuesday, 26'th Nov 2024
Amid consolidation, crude oil tests pivotal support zones and faces resistance near $71.79, signaling potential for either breakdowns or bullish reversals.
Trump's oil-drilling plans may pose a big problem for OPEC+
03:52pm, Tuesday, 26'th Nov 2024
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in global oil supplies next year — and as U.S. President-elect Donald Trump's �
OPEC unlikely to raise production in short term, commodity trading bosses say
02:28pm, Tuesday, 26'th Nov 2024
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, Trafigura and Gunvor said at the Energy Intelligence Forum in London on Tue
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Focus On Ceasefire In Middle East
02:06pm, Tuesday, 26'th Nov 2024
Oil markets are moving towards November lows.
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