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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
OPEC Further Trims Oil-Demand Outlook
07:33am, Monday, 14'th Oct 2024
The Organization of the Petroleum Exporting Countries further trimmed its forecast for oil-demand growth, as it prepares to bring some barrels back into the market despite weaker global prices.
OPEC cuts 2024, 2025 global oil demand growth view again
07:28am, Monday, 14'th Oct 2024
OPEC on Monday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also lowered its projection for next year, marking the producer group's third consecu
OPEC says Russian oil output edged further down in September
07:27am, Monday, 14'th Oct 2024
Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on Monday, citing data from secondary
Oil prices slump after China offers little detail on stimulus plans
06:46am, Monday, 14'th Oct 2024
Oil futures slumped after a weekend announcement by Chinese authorities failed to provide details on a stimulus plan sufficient to reassure investors nervous about crude demand.
Oil News: Crude Futures Fall as China Deflation Fears Spark Bearish Sentiment
05:41am, Monday, 14'th Oct 2024
Crude oil futures plunge as China's deflation worries and uncertain stimulus plans spark bearish sentiment, erasing nearly all last week's gains.
An Israeli attack on Iran's oil bases would have a 'dramatic effect' on oil prices, strategist says
02:31am, Monday, 14'th Oct 2024
John Driscoll, chief strategist at JTD Energy Services, discusses the outlook for the oil market.
Natural Gas and Oil Forecast: Geopolitical Tensions and China's Deflation Shape Market Sentiment
02:30am, Monday, 14'th Oct 2024
Geopolitical tensions and China's deflation concerns weigh on natural gas and oil prices, as markets await key support and resistance level breaks.
China driving oil markets in a 'different way' this year: S&P Global
02:30am, Monday, 14'th Oct 2024
Kang Wu, Global Head of Oil Demand Research at S&P Global, talks about China's impact on oil markets, and flags the persisting challenges for the country's oil demand.
Oil Slips on Concerns Over Potential Surplus
08:26pm, Sunday, 13'th Oct 2024
Oil slipped in early Asian trade. The market faces risk of a major correction in coming months, TD Securities said.
Oil prices fall by more than a $1 on Chinese economic data
06:39pm, Sunday, 13'th Oct 2024
Oil prices fell by a dollar in early Asian trading on Monday after disappointing Chinese inflation data over the weekend stoked fears about demand.
Oil News: Can Oil Demand Rebound as Supply Risks Mount in the Middle East?
04:39am, Sunday, 13'th Oct 2024
As Israel-Iran conflict looms, will crude prices surge further? See how global tensions and market sentiment could influence oil futures next week.
Iraqi oil output was below OPEC+ quota in September, government official says
10:56am, Saturday, 12'th Oct 2024
Iraq produced 3.94 million barrels per day (bpd) of oil in September, less than its OPEC+ output quota of about 4 million bpd, an Iraqi official said on Saturday, as the country seeks to boost its com
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Ahead Of The Weekend
12:12pm, Friday, 11'th Oct 2024
Oil traders are waiting for additional catalysts.
Crude Weekly Price Forecast – Crude Oil Has a Noisy Week
09:57am, Friday, 11'th Oct 2024
The crude oil market has been noisy this past week, as we have been in the middle of the trading range for the last two years. All things considered, this is a market that will continue to look at thi
Crude Oil Price Forecast – Crude Oil Continues to Look Sideways
09:19am, Friday, 11'th Oct 2024
The crude oil market continues to see a lot of noisy behavior, as the market will see a lot of external factors as the reason we are moving. This market is often looked at as a situation where we are
