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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
$82 is an "appropriate ceiling" for oil prices: JTD Energy Services
05:30am, Wednesday, 28'th Aug 2024
John Driscoll, chief strategist at JTD Energy Services explains why he believes geopolitics is not changing oil market fundamentals.
Oil News: Crude Prices Slip as Demand Concerns Outweigh Supply Risks
05:24am, Wednesday, 28'th Aug 2024
Crude oil prices dip as global demand concerns outweigh potential supply disruptions in Libya and the Middle East, signaling a bearish outlook.
Natural Gas and Oil Forecast: WTI and Brent at Crucial Fibonacci Levels—What's Next?
02:04am, Wednesday, 28'th Aug 2024
WTI at $75.51 and Brent at $79.53 hit key Fibonacci levels. Can these prices hold, or will a break trigger further downside?
Energy Sector and Stocks Disconnected From Oil Prices
11:12pm, Tuesday, 27'th Aug 2024
While Canadian energy companies have proven resilient, the recent divergence between commodity prices and energy stock performance warrants closer scrutiny. Despite a notable decline in commodity pric
Oil rebounds as geopolitics, demand concerns whipsaw investors
10:18pm, Tuesday, 27'th Aug 2024
Oil rebounded on Wednesday after a sharp drop in the previous session ended a three-day streak of gains as investors have whipsawed between concerns about potential supply losses from Libya and the Mi
Crude Oil Price Forecast: Breakout Above 200-Day MA Likely
04:55pm, Tuesday, 27'th Aug 2024
Crude oil consolidates between key moving averages, with potential for a bullish breakout targeting $81.96, though risks of a deeper pullback remain.
Wall Street lowers oil price forecasts
03:11pm, Tuesday, 27'th Aug 2024
Goldman Sachs and Morgan Stanley are lowering their price forecasts on crude oil (BZ=F, CL=F) as OPEC+ plans to increase its production output this October and conflicts escalate in the Middle East be
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Profit-Taking
02:19pm, Tuesday, 27'th Aug 2024
Oil traders take some profits off the table after the strong rebound from recent lows.
Oil prices jump nearly 3% on Libya production halt, Israel-Hezbollah attacks
08:29am, Monday, 26'th Aug 2024
One of Libya's rival governments announced oil production would shut down amid a dispute over who should lead the country's central bank. Israel and Hezbollah traded a major wave of strikes on Sunday.
Oil News: Crude Prices Surge as Mideast Tensions and Fed Rate Cut Hopes Drive Demand
06:08am, Monday, 26'th Aug 2024
Oil prices surge over 1% on Mideast tensions and U.S. rate cut hopes. Geopolitical risks add a premium, fueling market bullishness.
Oil Prices Rise as Middle East Fears Heighten
05:02am, Monday, 26'th Aug 2024
After missile attacks over the weekend, there are concerns of a wider conflict in the region.
Oil market has not priced in any geopolitical risk premium: Expert
02:15am, Monday, 26'th Aug 2024
Vandana Hari from Vanda Insights talks about the tensions in the Middle East region and also emphasizes that the U.S. economic outlook is at the center stage of global oil demand.
Natural Gas and Oil Forecast: WTI's Fate Hinges on $75.40—Can It Overcome Bearish Pressure?
01:17am, Monday, 26'th Aug 2024
Oil prices climb on Middle East conflict fears; WTI tests $75.40 resistance, natural gas turns bearish. Discover the latest price forecasts.
Oil prices set to remain elevated as Middle East tensions threaten a wider conflict, CBA analyst warns
10:58pm, Sunday, 25'th Aug 2024
"Israel's response may include an attack on Iran's oil supply and related infrastructure, which would put at risk 3 - 4% of global oil supply," said Vivek Dhar, mining and energy commodities strategis
Oil climbs on Mideast escalation fears, US rate cut expectations
07:29pm, Sunday, 25'th Aug 2024
Oil prices extended gains on Monday on fears a major spillover in fighting from the Gaza conflict into the Middle East could disrupt regional oil supplies, while imminent U.S. interest rate cuts lifte
