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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Morning Bid: Stocks buoyant as Sweden cuts, oil skids
06:02am, Wednesday, 08'th May 2024
A look at the day ahead in U.S. and global markets from Mike Dolan
Biggest contributor to the non-oil sector is tourism, Saudi Tourism Authority CEO says
05:30am, Wednesday, 08'th May 2024
Fahd Hamidaddin, CEO of the Saudi Tourism Authority, says "when we say that tourism is the new oil, it's a reality."
Natural Gas and Oil Forecast: Brent Drops to $82.66, WTI at $77.95 – What's Next?
01:51am, Wednesday, 08'th May 2024
With Brent and WTI experiencing notable declines to $82.66 and $77.95 respectively, investors watch closely for OPEC+'s next move in production policy.
BP softens tone on 2030 oil output cut to reassure investors
01:13am, Wednesday, 08'th May 2024
BP softened the language on its pledge to cut its 2030 oil and gas output in an effort to reassure investors over its energy transition strategy and narrow a gaping value gap with rivals.
Norway oil workers agree to wage deal, averting strike
12:32am, Wednesday, 08'th May 2024
Wage talks between Norwegian oil firms and three labour unions ended in a deal on Wednesday, industry and union officials said, averting the risk of strike action later this year that could have hit s
Occidental Petroleum beats quarterly profit estimates on higher oil prices
04:33pm, Tuesday, 07'th May 2024
Occidental Petroleum beat estimates for first-quarter profit on Tuesday as the oil-and-gas firm benefited from higher oil prices.
EIA cuts world oil demand forecast for 2024, hikes output expectations
03:25pm, Tuesday, 07'th May 2024
World oil demand is expected to grow lesser this year than earlier estimates and output should grow faster than thought previously, resulting in a more balanced market, the U.S. Energy Information Adm
Bonds are getting a boost from oil's dip below $80 a barrel
03:19pm, Tuesday, 07'th May 2024
Higher crude prices can put upward pressure on prices for consumers at the gas pump, including during the peak summer-driving season that kicks off on Memorial Day weekend.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Mostly Flat As Traders Ignore Middle East Tensions
02:27pm, Tuesday, 07'th May 2024
Israel started its operation against Hamas in Rafah, but oil markets were calm.
Oil falls as course of Gaza war remains uncertain, while cease-fire talks hang in the balance
08:44am, Tuesday, 07'th May 2024
Israel rejected the cease-fire accepted by Hamas but has sent a delegation to Egypt to continue talks.
3 Top ETFs to Buy in May to Cash In on Higher Oil Prices
07:15am, Tuesday, 07'th May 2024
Consider the Energy Select Sector SPDR for navigating the ups and downs of energy prices. The Vanguard Energy ETF is a complete package to take advantage of higher oil prices.
Oil prices edge lower after Russia signals OPEC+ production rise possible
06:55am, Tuesday, 07'th May 2024
Oil futures edged lower early Tuesday after news reports said Russian Deputy Prime Minister Alexander Novak indicated OPEC+ could move to raise crude production.
Crude Oil News Today: Traders Rattled by Ongoing Middle East Tensions
06:48am, Tuesday, 07'th May 2024
The crude oil market is poised for continued volatility, influenced largely by the fluid situation in the Middle East.
Clean energy ETFs start to outperform key oil & gas ETF: Maguire
02:55am, Tuesday, 07'th May 2024
After a rough couple of years, exchange-traded funds (ETFs) tied to clean energy generation and distribution are starting to outperform investor vehicles centred on oil and gas exploration and product
Iran's capacity to move oil reliant on Malaysian providers, US official says
02:51am, Tuesday, 07'th May 2024
The United States sees Iran's capacity to move its oil as reliant on service providers based in Malaysia, with oil being transferred near Singapore and throughout the region, the U.S. Treasury Departm
