$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
XOP: Oil And Gas Relative Strength Picks Up, ETF Valuation Compelling
11:59pm, Friday, 22'nd Nov 2024
Energy stocks have been bullish; XLE hit an all-time high, and Goldman Sachs is optimistic about oil prices short-term but cautious medium-term. XOP is rated a buy due to its low P/E ratio, improved t
Cramer names oil and natural gas stocks set to do well under Trump
06:48pm, Friday, 22'nd Nov 2024
CNBC's Jim Cramer said that stocks related to oil and natural gas will thrive under President-elect Donald Trump. Trump has shown more favor to the industry than President Joe Biden, and Cramer noted
Oil exec issues warning over US energy independence
03:00pm, Friday, 22'nd Nov 2024
Heritage Foundation research fellow and economist EJ Antoni weighs in on Occidental Petroleum CEO's warning over U.S. energy independence and reacts to the White House touting lower prices ahead of Th
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Highs Ahead Of The Weekend
02:08pm, Friday, 22'nd Nov 2024
Oil traders stay bullish amid rising geopolitical tensions.
Crude Weekly Price Forecast – Crude Oil Continues to See Support
11:00am, Friday, 22'nd Nov 2024
The crude oil market has bounced a bit in the past few sessions, as this week has been strong overall. At this point in time, the market is likely to see a lot of sideways action overall, as the marke
Crude Oil Price Forecast – Crude Oil Continues to See Upward Momentum
10:22am, Friday, 22'nd Nov 2024
The crude oil market was somewhat positive in the early hours on Friday, as we continue to see a lot of buying pressure. Ultimately, this is a situation where people are looking to pressure the upside
Trump Wants to Make Deals on Oil, McNally Says
09:29am, Friday, 22'nd Nov 2024
Bob McNally, Rapidan Energy founder, says President-elect Donald Trump is willing to crimp energy exports to get deals on oil production. McNally also talks about possible oil production cuts from Ira
J.P. Morgan sees Brent oil price averaging $73 a barrel in 2025
08:54am, Friday, 22'nd Nov 2024
J.P. Morgan sees the price of Brent oil averaging $73 per barrel (/bbl) in 2025 and expects it to close the year firmly below $70/bbl, with U.S. West Texas Intermediate at $64/bbl, the bank said in a
Oil prices slip as weak European data trumps concerns about Russia and Ukraine
08:26am, Friday, 22'nd Nov 2024
Crude-oil prices sank on Friday after a gauge of European business activity sank to a 10-month low, the latest indication that demand for the essential commodity was set to weaken.
Oil News: Market Looks to $70.15 for Direction as Crude Oil Futures Slide
06:58am, Friday, 22'nd Nov 2024
Oil prices edge lower with $70.15 as a key pivot for traders. Rising Chinese imports offset supply concerns, keeping this week's gains near 5%.
Russia's Novak says oil market balanced thanks to OPEC+
06:51am, Friday, 22'nd Nov 2024
The global oil market is balanced thanks to the actions of OPEC+ countries and compliance with its quotas, Russian Deputy Prime Minister Alexander Novak said on Friday following a Russia-OPEC meeting.
Natural Gas and Oil Forecast: Will OPEC+ Delay Output Amid Volatile Demand?
01:36am, Friday, 22'nd Nov 2024
WTI climbs above $70 as markets eye OPEC+ decisions. Can weak Chinese demand and geopolitical risks shift trends?
Goldman Sachs expects oil prices to average around $80/bbl in 2024
01:08am, Friday, 22'nd Nov 2024
Goldman Sachs expects Brent prices to average around $80 per barrel this year, despite a 2024 deficit and geopolitical uncertainty, citing an anticipated 0.4 mb/d surplus next year, the bank said in a
Oil rises as intensifying Ukraine war increases supply risk
09:10pm, Thursday, 21'st Nov 2024
Oil prices rose on Friday after Russia said it had fired a ballistic missile at Ukraine and warned of a broadening conflict, raising the prospect of tightening crude supplies.
Oil Rises on Worries Over Escalation of Russia-Ukraine War
08:59pm, Thursday, 21'st Nov 2024
Oil edged higher in early Asian trade. The escalation of the Russia-Ukraine war was pushing prices higher.
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