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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Rosneft's Sechin: spare oil production capacity offsets OPEC+ efforts
03:38am, Saturday, 08'th Jun 2024
Igor Sechin, CEO of Russian energy major Rosneft said on Saturday that an increase in spare oil production capacity offset OPEC+ efforts to reduce oil output.
3Fourteen's Warren Pies expects consistent weakness in crude oil ahead
04:06pm, Friday, 07'th Jun 2024
Warren Pies, 3Fourteen Research co-founder, joins 'Closing Bell' to discuss the oil trade, bond market, and jobs data.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat As Traders Ignore Rising Treasury Yields
02:11pm, Friday, 07'th Jun 2024
Oil traders are waiting for additional catalysts after recent volatility.
Crude Oil Weekly Price Forecast – Oil Bounces Nicely to Find Support
01:14pm, Friday, 07'th Jun 2024
The oil market fell in the majority of trading at the beginning of the week. However, we have since bounced enough to show signs of strength, and this is a good sign for some kind of recovery in the s
Crude Oil Price Forecast – Oil Continues to See Attempted Recovery
12:43pm, Friday, 07'th Jun 2024
The crude oil market continues to see a lot of noisy behavior, as the market continues to look for value and support.
Crude oil heads for third straight weekly loss as supply and demand worries weigh on market
08:46am, Friday, 07'th Jun 2024
Oil prices have rebounded over the past two days after a selloff, but are still down for the week. OPEC+ production increases, soft manufacturing data and disappointing private payrolls weighed on the
Oil prices tick higher after Saudi Arabia reiterates output boost can be reversed
07:42am, Friday, 07'th Jun 2024
Oil futures rose Friday, finding support after Saudi Arabia's energy minister reiterated that an OPEC+ plan to unwind 2.2 million barrels a day in voluntary cuts later this year can be paused or rever
Crude Oil News Today: Prices Rebound but Face Weekly Loss Ahead of Jobs Report
05:07am, Friday, 07'th Jun 2024
Given the anticipated rise in supply from OPEC+ and mixed signals from economic indicators, the short-term outlook for oil prices remains bearish.
Natural Gas and Oil Forecast: WTI Jumps to $75.70 Amid OPEC+ Updates; More Upside?
02:13am, Friday, 07'th Jun 2024
WTI oil surged to $75.70 following OPEC+ updates, signaling potential for more gains as market sentiment shifts positively.
Oil prices climb as OPEC+ reassures markets, ECB cuts interest rate
08:54pm, Thursday, 06'th Jun 2024
Oil prices rose on Friday, continuing to climb after OPEC+ members Saudi Arabia and Russia indicated readiness to pause or reverse output agreements and as an interest rate cut in Europe raised the pr
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains 1.7% As Rebound Continues
02:21pm, Thursday, 06'th Jun 2024
Oil markets continue to move away from multi-month lows.
Crude Oil Price Forecast: Advances Amid Downtrend, Eyes Key Levels
01:54pm, Thursday, 06'th Jun 2024
Crude oil rallies to 38.2% Fibonacci retracement, targeting 76.87 and 77.84 next, with potential resistance at the 20-Day MA and 200-Day MA levels.
Crude Oil Trades near Multi-Month Lows
12:01pm, Thursday, 06'th Jun 2024
Crude oil is trading near multi-month lows. David Williams discusses this, as well as what rate cuts mean for the energy market.
Oil Prices Below $80 Likely Point To A Market In Oversold Territory
10:18am, Thursday, 06'th Jun 2024
After a pensive and somewhat calm month of oil trading in May, market bears returned with a vengeance in June, as both the global proxy benchmark Brent and the U.S.' West Texas Intermediate hit four-m
Oil Market Has Potential to Be Oversupplied in 2025, Says Francisco Blanch
09:12am, Thursday, 06'th Jun 2024
Francisco Blanch, head of commodities and derivatives research at Bank of America Securities, expects Brent crude to average $80 in 2025 as he examines the OPEC+ output decision. -------- More on Bloo
