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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil Edges Lower; Eyes on Global Demand Forecast
08:48pm, Wednesday, 13'th Nov 2024
Oil prices were lower in early Asian trade. Investors were still digesting OPEC's recent move to cut its forecast for global oil demand, ANZ Research said.
Oil prices edge down, forecasts for higher oil output, weak demand growth weigh
08:43pm, Wednesday, 13'th Nov 2024
Oil prices dropped slightly early on Thursday on expectations of higher global production amid forecasts for weak demand growth, while a firmer dollar also kept a lid on prices.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Weekly Lows
02:03pm, Wednesday, 13'th Nov 2024
Oil markets are moving higher as short sellers take profits after the recent pullback.
Crude Oil Price Forecast – Crude Oil Continues to Search For a Bottom
09:57am, Wednesday, 13'th Nov 2024
The crude oil market continues to see a lot of back and forth on Wednesday, as the market continues to see a lot of questions as to where the demand may or may not come from in the near future. At thi
Oil prices consolidate after U.S. benchmark's pullback below $70 a barrel
08:20am, Wednesday, 13'th Nov 2024
Oil futures were marginally higher early Wednesday.
Oil News: Weak Demand Points to Bearish Outlook as IEA Data Approaches
07:04am, Wednesday, 13'th Nov 2024
Crude oil faces technical hurdles at $69.21 as OPEC cuts demand forecasts for 2024-25. Weak Chinese demand weighs on market.
Natural Gas and Oil Forecast: Will Rising Supply Offset Demand Uncertainty?
01:45am, Wednesday, 13'th Nov 2024
Geopolitical tensions and revised OPEC projections weigh on demand, creating a cautious outlook for energy markets.
Oil could plunge to $40 in 2025 if OPEC unwinds voluntary production cuts, analysts say
10:35pm, Tuesday, 12'th Nov 2024
Oil prices may see a drastic fall in the event that OPEC+ unwinds its existing output cuts, said market watchers. A decline to $40 a barrel would mean around 40% erasure off current crude prices.
Oil trims losses on tight near-term supply
09:52pm, Tuesday, 12'th Nov 2024
Oil prices edged up on Wednesday on signs of near-term supply tightness but remained near their lowest in two weeks a day after OPEC downgraded its forecast for global oil demand growth in 2024 and 20
Oil Edges Lower, Likely Weighed by OPEC's Demand Forecast Trim
08:21pm, Tuesday, 12'th Nov 2024
Oil prices were mixed in early Asian trade. Market sentiment was likely weighed after OPEC cut its demand forecasts, Westpac said.
Crude Oil Price Forecast: Struggles Below Key Levels in Bearish Downtrend
05:05pm, Tuesday, 12'th Nov 2024
Crude oil remains in consolidation below key support levels, signaling the potential for a bearish continuation if prices break below the September low.
OPEC+ Unity Will Be Tested As Market Share Shrinks
02:21pm, Tuesday, 12'th Nov 2024
OPEC+ will face strong headwinds in 2025 as not-OPEC+ producers keep gaining market share.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Is Flat As OPEC Cuts Demand Forecast
01:50pm, Tuesday, 12'th Nov 2024
Oil markets were swinging between gains and losses as traders reacted to the OPEC report.
Crude Oil Price Outlook – Crude Oil Continues to See Same Floor
09:04am, Tuesday, 12'th Nov 2024
The crude oil market has seen a lot of support previously, as the market continues to see a massive floor at the same place we have in the past. The overall range has been intact for over two years, a
Big Oil's climate targets
08:47am, Tuesday, 12'th Nov 2024
The world's biggest oil and gas companies have set varying targets to reduce greenhouse gas emissions from their operations and the combustion of the products they sell.
