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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
UK Oil & Gas gets back on the horse with hydrogen plan
06:51am, Monday, 01'st Jul 2024
UK Oil & Gas PLC (AIM:UKOG) is spearheading a project to create large hydrogen storage caverns under Britain's former naval base in Portland Harbour, Dorset. According to the Sunday Telegraph, the pla
Crude Oil News Today: Underpinned by OPEC+ Cuts, Capped by China Headwinds
06:05am, Monday, 01'st Jul 2024
Given supply deficits from OPEC+ cuts, peak demand, and geopolitical tensions, the short-term oil price forecast is bullish.
Natural Gas and Oil Forecast: Brent Rises 6% in June, WTI at $81.85
01:48am, Monday, 01'st Jul 2024
Brent oil surged 6% in June, staying above $85 per barrel, while WTI traded at $81.85, driven by summer demand and OPEC+ cuts.
Oil inches higher on summer demand outlook
08:59pm, Sunday, 30'th Jun 2024
Oil prices edged up in early trade on Monday, supported by forecasts of a supply deficit stemming from peak summer fuel consumption and OPEC+ cuts in the third quarter, although global economic headwi
Crude Oil News Today: Will Middle East Tensions Drive Crude Oil Futures Higher?
11:58am, Saturday, 29'th Jun 2024
Bullish crude oil outlook persists as Middle East tensions outweigh weak US demand and inventory builds, fueling supply disruption concerns.
Natural Gas, WTI Oil, Brent Oil Forecasts – Double-Top Formation Capping NatGas
02:54pm, Friday, 28'th Jun 2024
U.S. natural gas, hovering near $2.625, faces potential declines if production increases and temperatures moderate.
Crude Oil Weekly Price Forecast – Crude Oil Continues to Grind Higher
09:29am, Friday, 28'th Jun 2024
The crude oil market continues to see buyers, as this past week has been strong. With this, the market continues to see a lot of short-term strength, as the market is pricing in the idea of summer dem
Crude Oil Price Forecast – Crude Oil Continues to Look Strong
08:51am, Friday, 28'th Jun 2024
The crude oil market has seen a bit of early strength, but at this point the market is ready to test a potential support level during the Friday session. This is a market that cyclically is strong at
Oil prices rise, head for monthly gains as Middle East fears simmer
07:28am, Friday, 28'th Jun 2024
Oil futures rose Friday, on track to book monthly gains as investors continued to fret over the possibility of a wider Middle East conflict that could threaten flows of crude out of the region.
High Oil Prices Depend On A Handful Of People
07:22am, Friday, 28'th Jun 2024
And no, it's not Joe Biden, Donald Trump or Scott Sheffield. The current price is well above the long-run marginal cost of oil (assuming a free market, which, well, never happened, never will) and is
Oil prices to stay steady as China demand woes offset Mideast risks - Reuters poll
07:16am, Friday, 28'th Jun 2024
Oil prices will not change much in the second half of 2024 as concerns around demand from China and prospects of higher supply from key producers counter risks from geopolitical tensions, a Reuters po
Crude Oil News Today: Prices Surge on Geopolitical Strife, Weather Threats
06:51am, Friday, 28'th Jun 2024
Given the current geopolitical tensions and potential weather-related supply disruptions, the short-term outlook for oil prices remains bullish.
Saudi Arabia may cut oil prices for Asia for second month in August
03:25am, Friday, 28'th Jun 2024
Top oil exporter Saudi Arabia may cut prices for crude grades it sells to Asia for a second month in August, tracking weakness in Middle East benchmark Dubai, trade sources said on Friday.
Natural Gas and Oil Forecast: Oil Prices Up 2% This Week; More Upside Ahead?
01:48am, Friday, 28'th Jun 2024
Oil prices surged 2% this week, driven by potential Fed rate cuts and market optimism. Is there more upside ahead for energy markets?
Oil prices edge higher as supply risks mount
09:10pm, Thursday, 27'th Jun 2024
Oil prices rose in early Asian trading hours on Friday, setting up a third straight weekly jump, as concerns about supply problems from escalating geopolitical tensions and weather-related disruptions
