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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Goldman Sachs expects OPEC+ production increases to start in December
08:06pm, Friday, 06'th Sep 2024
Goldman Sachs adjusted its expectations for OPEC+ oil production saying it now expects three months of production increases starting from December instead of October, the bank said in a note on Friday
BofA cuts 2025 oil forecast as oil wraps up its worst week since October 2023
06:57pm, Friday, 06'th Sep 2024
Francisco Blanch, BofA Securities head of commodities and derivatives research, joins 'Fast Money' to discuss BoA's cut on Brent crude oil.
Why OPEC's Decisions Impact The U.S.
04:34pm, Friday, 06'th Sep 2024
Earlier this year, OPEC and its partners announced that it would begin to ease production cuts for members in the fall. However, with oil prices in steep decline, the group just announced a pause in t
Chevron vice chair discusses oil demand, Hess deal
04:09pm, Friday, 06'th Sep 2024
Chevron (CVX) has announced plans to boost oil (BZ=F, CL=F) and natural gas recovery at two of the energy giant's US Gulf of Mexico facilities. Chevron Vice Chairman Mark Nelson sits down with Brad Sm
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows On Demand Concerns
02:46pm, Friday, 06'th Sep 2024
Oil traders stay focused on economic data from the U.S. and China.
Crude Weekly Price Forecast – Crude Continues to Look Weak
11:58am, Friday, 06'th Sep 2024
The oil markets continue to look weak at the moment, as this past week has been dreadful. The market will continue to see a lot of volatility, but it is worth noting that the market is a leading econo
Crude Oil Price Forecast – Crude is Trying to Fight Back
10:36am, Friday, 06'th Sep 2024
In the early hours of Friday, we saw crude oil try to recover from the relentless selling pressure. At this point in time, we could be looking at a signal that things are about to get worse from an ec
Oil prices set for worst week since October 2023 as OPEC+ fails to reassure market
08:31am, Friday, 06'th Sep 2024
The Brent global benchmark has fallen 7.2% and is on pace for its worst week since October 2023. The U.S. benchmark is down 5.4% for its worst week since early May.
Oil Demand Worries And Natural Gas Supply Risks
08:10am, Friday, 06'th Sep 2024
Demand concerns and prospects for a supply surplus in 2025 have weighed on oil prices. We've revised lower our Brent forecast for the rest of the year.
Oil prices on track for hefty weekly drop on fears over demand
07:31am, Friday, 06'th Sep 2024
Oil futures were steady early Friday as investors awaited the U.S. August jobs report, but were on track for a large weekly slide on worries over the outlook for demand.
Oil News: Oil Prices Stabilize Near 14-Month Low, Demand Concerns Linger
06:50am, Friday, 06'th Sep 2024
Crude oil steadies after sharp losses. OPEC+ delays output hikes, but demand concerns in the U.S. and China overshadow supply cuts and inventory draws.
Natural Gas and Oil Forecast: U.S. Inventory Drop Sparks Volatility—What to Expect Next
02:07am, Friday, 06'th Sep 2024
A major U.S. crude inventory withdrawal and OPEC+ decisions shape oil's outlook, while technical indicators suggest potential bullish breakouts for natural gas.
Oil Prices Set for Worst Weekly Decline in a Year Even Amid OPEC+ Delay
02:05am, Friday, 06'th Sep 2024
Oil was poised for the deepest weekly loss in almost a year on persistent concerns about soft demand and ample supply, even as OPEC+ delayed a planned increase in output by two months. Bloomberg's Jo
Oil prices unmoved by OPEC+ production pause. Two reasons why
05:52pm, Thursday, 05'th Sep 2024
Oil prices (CL=F, BZ=F) saw slight gains on Thursday after reports indicated that OPEC+ agreed to pause oil production hikes. Goldman Sachs Managing Director and Head of Oil Research Daan Struyven joi
Crude Oil Price Forecast: Hits Support but Bearish Momentum Remains
04:38pm, Thursday, 05'th Sep 2024
After hitting a new trend low of $69.37, crude oil faces increasing downward pressure, with key support at $69.18 and potential for further losses toward $67.82 and beyond.
