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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil market grappling with low participation: Analyst
05:03pm, Wednesday, 11'th Sep 2024
Crude oil (CL=F, BZ=F) prices are seeing slight gains around US oversupply concerns and escalating geopolitical conflicts, namely Ukraine's reported drone strikes targeting Russian oil refineries. OPI
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Yearly Lows
02:29pm, Wednesday, 11'th Sep 2024
Hurricane Francine caused production shut-ins in the U.S. Gulf of Mexico, which was bullish for oil prices.
Why Hurricane Francine hasn't sparked the oil-price rally markets were looking for
01:55pm, Wednesday, 11'th Sep 2024
A storm intensified this week into a hurricane in the Gulf of Mexico, a major source of U.S. oil and gas production and refining activity, but prices for crude and refined products haven't seen much o
Crude Inventories Increase By 0.8 Million Barrels
10:49am, Wednesday, 11'th Sep 2024
Gasoline inventories increased by 2.3 million barrels, exceeding analyst expectations.
Crude Oil Price Forecast – Crude Oil Continues to Look Noisy
09:58am, Wednesday, 11'th Sep 2024
The oil markets continue to see a lot of noisy behavior, as traders are reacting to a lower than expected US crude oil inventory number, Chinese demand dropping a bit, and of course the idea of a wide
Oil Market Lacking Supply for Fall Season, Says Stephen Schork
09:08am, Wednesday, 11'th Sep 2024
Stephen Schork, principal at The Schork Group, discusses the differences between oil's physical and trading markets as he expects prices to rise at the end of the fourth quarter. Sign up for the Energ
U.S. crude oil rebounds more than 2%, trades above $67 a barrel after steep selloff
08:25am, Wednesday, 11'th Sep 2024
Oil prices are rebounding after closing at the lowest level since December 2021. watch now VIDEO 3:10 03:10 Don't see oil at $60/bbl 'in a consistent manner' for the next 3 months: Rystad Squawk Box A
Oil prices bounce, lifted by drop in crude inventories and Hurricane Francine
08:03am, Wednesday, 11'th Sep 2024
Oil futures bounced Wednesday, finding support on industry data that showed a drop in U.S. crude inventories as traders track Hurricane Francine.
Oil News: Hurricane and U.S. Inventory Draw Trigger Short Covering in Crude Market
06:35am, Wednesday, 11'th Sep 2024
Crude oil prices jump 2.5% as U.S. inventories drop by 2.79M barrels, and Hurricane Francine threatens Gulf supply, driving short sellers to cover positions.
Oil Price to Average $60 in 2025, Citigroup Says
05:32am, Wednesday, 11'th Sep 2024
Max Layton, Citigroup's global head of commodities research, expects the price of oil to average $60 next year as demand growth continues to slow. "The market's become, I would say, consensus bearish
Don't think we will see oil at $60/bbl 'in a consistent manner' for the next 3 months: Rystad Energy
04:44am, Wednesday, 11'th Sep 2024
Claudio Galimberti of Rystad Energy shares his outlook and discusses the impact a potential second Trump administration will have on oil prices.
Brent crude prices at lower levels since December 2021
03:51am, Wednesday, 11'th Sep 2024
Brent crude oil prices shot below US$70 a barrel for the first time since December 2021 this morning. The dip follows a lower demand forecast from OPEC.
Natural Gas and Oil Forecast: Hurricane Francine Sparks Supply Concerns, Markets React
02:02am, Wednesday, 11'th Sep 2024
Hurricane Francine halts 24% of U.S. oil production, driving short-term price gains amid global demand concerns. What's next for oil and natural gas?
Oil prices rebound on fears of supply disruption from tropical storm
09:25pm, Tuesday, 10'th Sep 2024
Crude prices bounced on Wednesday as concerns about Tropical Storm Francine disrupting supply of oil outweighed worries about demand.
Crude Oil Prices Fall to Lowest Level of 2024 as OPEC Cuts Demand Outlook
05:20pm, Tuesday, 10'th Sep 2024
Crude oil futures slipped roughly 4% in trading Tuesday after OPEC—a dominant coalition of oil-producing nations—cut back on its demand outlook and growth projections for this year and the next.
