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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil should be between $80 and $85 by the end of the year: CEO
03:15am, Wednesday, 07'th Aug 2024
Majed Kabbara, CEO of Quencia Capital, discusses the outlook for oil prices and Aramco's second-quarter results.
Natural Gas and Oil Forecast: NG Surges Past $2; Bull Run Ahead?
02:07am, Wednesday, 07'th Aug 2024
Natural gas surges past $2, signaling potential bullish momentum as geopolitical tensions and market dynamics fuel investor optimism.
Oil edges lower on surprise build in US crude and gasoline stocks
09:18pm, Tuesday, 06'th Aug 2024
Oil prices slipped in early Asian trading on Wednesday following a brief rebound in the previous session after industry data showed an unexpected build in U.S. crude oil and gasoline inventories, offs
Crude Oil Price Forecast: Poised for Rally
04:48pm, Tuesday, 06'th Aug 2024
Crude oil may rally after forming a bullish hammer pattern, with potential resistance at key Fibonacci levels and top of a symmetrical triangle pattern.
Will Oil Rebound From Lows?
03:32pm, Tuesday, 06'th Aug 2024
Oil markets have a decent chance to rebound from the low end of the yearly trading range as Fed is about to start its rate cut cycle.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds From Session Lows Amid Rising Appetite For Risk
02:18pm, Tuesday, 06'th Aug 2024
Oil markets are trying to stabilize after recent volatility.
Crude Prices Drop Amid U.S. Recession Fears And Weak Demand From China
01:01pm, Tuesday, 06'th Aug 2024
Over the past month, the price of West Texas Intermediate (WTI) has fallen from about $85.00 a barrel to below $75.00 a barrel. Concerns about weaker demand from China have negatively impacted oil pri
Crude oil futures fall for fourth day as recession fears outweigh rising Middle East tensions
09:37am, Tuesday, 06'th Aug 2024
Crude oil futures fell for a fourth consecutive session Tuesday. West Texas Intermediate crude oil closed at a six-month low on Monday.
Crude Oil Price Forecast – Crude Oil Continues to Look Soft
09:26am, Tuesday, 06'th Aug 2024
The oil markets have been negative during the last few sessions, and the early hours of Tuesday was just a continuation of this action. At the moment, it appears that most of the world is bracing for
S&P Global's Dan Yergin: 'Quite striking' oil markets haven't preemptively priced in Mideast tension
08:50am, Tuesday, 06'th Aug 2024
Daniel Yergin, S&P Global vice chairman and ‘The New Map' author, joins 'Squawk Box' to discuss the state of the energy sector, impact of Mideast tensions on oil supplies, and more.
U.S. trade deficit recedes from 19-month high as oil exports rise
08:39am, Tuesday, 06'th Aug 2024
The numbers: The trade deficit fell by 2.5% in June and receded from a 19-month high, owing to higher exports of aircraft and U.S.-produced oil and gas.
Oil prices edge higher as investors monitor Iran-Israel tensions
07:31am, Tuesday, 06'th Aug 2024
Oil futures rose modestly Tuesday, with support attributed in part to fears a potential retaliatory attack by Iran on Israel could spiral into a threat to crude supply from the Middle East.
Oil News: Middle East Tensions Lift Oil Prices Despite US Recession Worries
06:40am, Tuesday, 06'th Aug 2024
Crude oil futures rise amid Middle East tensions and US recession fears. Analysts predict prices may increase if conflicts escalate.
Oil giant Saudi Aramco's second-quarter profit dips 3% on lower crude production volumes
01:56am, Tuesday, 06'th Aug 2024
Saudi Aramco reported $29.1 billion in net profit for the second quarter, a dip of 3.2% from the same period last year as production volumes remained low.
Natural Gas and Oil Forecast: Oil Rockets Past $74 Amid Iran Tensions
01:47am, Tuesday, 06'th Aug 2024
Oil prices have surged past $74, driven by escalating Middle East tensions and potential supply disruptions, impacting forecasts for oil and natural gas markets.
