$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Natural Gas and Oil Forecast: Oil Fell Over 3% This Week; More Downside Ahead?
01:46am, Friday, 24'th May 2024
With oil falling over 3% this week, market analysts question the impact of Federal Reserve policies and OPEC+ decisions.
China's CNOOC signs oil exploration contract with Mozambique
09:58pm, Thursday, 23'rd May 2024
A subsidiary of state-run China National Offshore Oil Co , has signed oil exploration and production contracts with Mozambique's energy ministry and national energy company ENH, Chinese media said on
Oil flat as firming US gasoline demand offsets rate jitters
08:38pm, Thursday, 23'rd May 2024
Oil prices were steady early in the session on Friday as players took stock of the U.S. Federal Reserve's latest comments on interest rates amid sticky inflation, while firming seasonal U.S. fuel dema
Crude Oil Price Forecast: Faces Increased Selling Pressure
04:37pm, Thursday, 23'rd May 2024
WTI crude oil's lowest close since February 26 indicates weakening, with potential bearish continuation on a drop below 76.83.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Tests New Lows As Traders Focus On Rising Treasury Yields
02:22pm, Thursday, 23'rd May 2024
Oil traders worry that hawkish Fed may hurt oil demand growth.
Crude Oil Price Forecast – Crude Oil Continues to Consolidate in a Familiar Range
09:52am, Thursday, 23'rd May 2024
The crude oil markets bounced a bit in the early hours of Thursday, as the market continues to try to sort out whether or not we can break out of the consolidation.
Russia finds it challenging to keep the lid on oil output, analysts, sources say
09:33am, Thursday, 23'rd May 2024
Russia, in a rare admission of oil overproduction, said overnight that it exceeded its OPEC+ production quota in April for "technical reasons", a surprise move that analysts and industry sources say s
Oil prices bounce back after three-day decline but still on pace for weekly loss
08:36am, Thursday, 23'rd May 2024
U.S. crude oil is down 2.4% for the week while Brent, the global benchmark, is down 1.8%.
Oil prices attempt to snap 3-day losing streak
07:36am, Thursday, 23'rd May 2024
Oil futures rose Thursday morning, attempting to snap a three-day losing streak as investors weigh the outlook for Federal Reserve policy and crude demand.
Oil prices fall on worries of higher US interest rates
08:42pm, Wednesday, 22'nd May 2024
Oil prices eased for a fourth straight day on Thursday on worries that U.S. borrowing costs could be hiked again if inflation surged, a move that could hurt oil demand.
Citi research still expects OPEC+ to hold output cuts through 3rd qtr
05:01pm, Wednesday, 22'nd May 2024
Citi Research continues to expect that OPEC+ will hold its production cuts through the third quarter of this year, it said in a note on Wednesday.
US lawmakers urge Justice Department to probe climate deception by Big Oil
02:18pm, Wednesday, 22'nd May 2024
U.S. lawmakers behind a congressional probe of major oil companies on Wednesday called on the Justice Department to investigate whether the industry deceived the public about fossil fuels' impact on c
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back After EIA Report
02:08pm, Wednesday, 22'nd May 2024
Oil markets are moving lower amid demand worries.
Copper Rallies, Crude Oil Remains Below $80
12:13pm, Wednesday, 22'nd May 2024
Futures are lower after new record highs on Tuesday. Jake Hanley discusses this and explains the copper rally.
Crude Inventories Rise By 1.8 Million Barrels, Exceeding Analyst Expectations
10:53am, Wednesday, 22'nd May 2024
Gasoline inventories declined by 0.9 million barrels.
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