$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Crude Oil Price Forecast: Consolidates with Potential for Upside Breakout
04:24pm, Thursday, 27'th Jun 2024
Crude oil faces resistance amidst a consolidation phase, with an expanding triangle pattern and potential for an upside breakout once the consolidation is complete.
Natural Gas, WTI Oil, Brent Oil Forecasts – Crude Poised to Move Higher, While NatGas Struggles
03:51pm, Thursday, 27'th Jun 2024
WTI crude oil prices rose on Thursday, driven by escalating tensions between Israel and Hezbollah, which overshadowed soft U.S. gasoline demand.
US Senate committee probes 18 oil producers on price collusion with OPEC
12:53pm, Thursday, 27'th Jun 2024
The U.S. Senate budget committee on Thursday launched a probe of 18 domestic oil producers about any efforts to illegally coordinate oil prices with the Organization of the Petroleum Exporting Countri
Crude Oil Price Forecast – Crude Oil Continues to See Rangebound Trading
09:59am, Thursday, 27'th Jun 2024
The crude oil market continues to see a lot of buying pressure under the current level, and at this point in time, I think we have to look for valuable opportunities, as there are a few levels that we
Oil prices hold firm as Israel-Lebanon tensions overshadow soft U.S. demand
08:35am, Thursday, 27'th Jun 2024
A surprise build in U.S. crude oil and gasoline inventories disappointed bulls who were hoping for signs of an uptick in demand. But tensions between Israel and Iran-backed militia Hezbollah are provi
TotalEnergies sells its West of Shetland oil and gas assets to Prax
08:00am, Thursday, 27'th Jun 2024
TotalEnergies has agreed to sell its entire interest in its West of Shetland gas fields to The Prax Group, a private UK company. It comprises the Laggan, Tormore, Glenlivet, Edradour, and Glendronach
Oil edges higher as worries over wider Middle East conflict linger
07:31am, Thursday, 27'th Jun 2024
Oil futures edged higher Thursday, shaking off concerns about summer gasoline demand in the U.S. as investors kept an eye on tensions in the Middle East that could threaten crude supplies from the reg
Should You Invest in the SPDR S&P Oil & Gas Exploration & Production ETF (XOP)?
07:20am, Thursday, 27'th Jun 2024
Launched on 06/19/2006, the SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Exploration segment o
Biden walks ‘fine line' fighting climate change while fueling record oil output
07:00am, Thursday, 27'th Jun 2024
President Joe Biden has made efforts to appease American consumers and climate activists alike, leading to what some have referred to as “nuanced” energy policies that have also helped the U.S. be
Crude Oil News Today: Traders Balancing Supply Risks and Weak Demand
05:54am, Thursday, 27'th Jun 2024
Weak demand and high inventories weigh on crude oil prices, but Middle East tensions offer support due to potential supply risks.
Zephyr Energy looks forward to exciting period as it works to unlock America's next prolific oil and gas play
03:50am, Thursday, 27'th Jun 2024
Zephyr Energy PLC (AIM:ZPHR, OTCQB:ZPHRF) is looking forward to an exciting period as the company continues to make progress in the unlocking of the next prolific onshore US oil and gas play, that's a
BP CEO reportedly imposes hiring freeze, shifts focus back to oil and gas
02:52am, Thursday, 27'th Jun 2024
BP PLC's (LSE:BP.) new CEO, Murray Auchincloss, has implemented a hiring freeze and paused new offshore wind projects to focus more on oil and gas amid investor concerns over the company's energy tra
Natural Gas and Oil Forecast: WTI Bullish, Upward Trendline Support Near $80.20
01:56am, Thursday, 27'th Jun 2024
With WTI poised to trade bullish, the upward trendline support near $80.20 indicates potential for further gains in oil prices.
Oil Stocks Are the Perfect Antidote to Nvidia and the Rest of Big Tech
01:45am, Thursday, 27'th Jun 2024
The energy sector tends to zig when Apple and its brethren zag, making it an ideal hedge for weakness in IT.
Oil prices slide on fears of slow US demand after surprise inventory build
08:52pm, Wednesday, 26'th Jun 2024
Oil prices slid in early Asian trade on Thursday as a surprise build in U.S. stockpiles fuelled fears about slow demand from the top oil consumer, though worries a potential expansion of the Gaza war
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