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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
Oil falls as strong dollar outweighs worries over Middle East
06:36am, Wednesday, 17'th Jan 2024
Oil futures fell early Wednesday, feeling pressure as the U.S. dollar held near a one-month high and traders continued to play down worries over the potential for a wider conflict in the Middle East t
Exclusive: Aramco CEO predicts tighter oil markets, sees Red Sea risks
03:45am, Wednesday, 17'th Jan 2024
Global oil markets will cope with Red Sea disruptions in the short run, although prolonged attacks by the Houthis on ships would lead to a shortage of tankers due to longer voyages and a supply delay,
Oil Prices Forecast: Bearish Outlook Amid China's Growth Woes, Dollar's Surge
02:15am, Wednesday, 17'th Jan 2024
China's growth miss dampens crude oil outlook; Stronger US Dollar raises oil costs for non-dollar holders also weighing on demand.
Oil prices fall as stronger dollar offsets Red Sea disruptions risks
09:27pm, Tuesday, 16'th Jan 2024
Oil prices fell on Wednesday as a stronger U.S. dollar limited demand for greenback-denominated crude, though the rising risks of supply disruptions amid the intensifying conflict in the Red Sea curbe
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back Amid Demand Concerns
02:12pm, Tuesday, 16'th Jan 2024
Oil traders focus on China's economic problems and rising Treasury yields.
Oil Prices Rise Amid Violent Attacks In Red Sea: Will Gas Prices Increase As A Result?
01:18pm, Tuesday, 16'th Jan 2024
Oil prices have shot up in the first two weeks of 2024 as a series of missile and drone strikes in the Red Sea throw a curveball in the international oil market, though analysts are skeptical the rise
Why Oil Prices Ignore Houthis' Attacks?
12:31pm, Tuesday, 16'th Jan 2024
A series of attacks on vessels in Red Sea did not provide any support to oil prices.
Crude Oil Price Forecast – Crude Oil Markets Continue to Consolidate
09:27am, Tuesday, 16'th Jan 2024
Crude oil markets rallied a bit during the trading session on Tuesday, as we continue to see a little bit of consolidation and what could be an accumulation phase.
Oil prices rise as Middle East tensions continue
06:51am, Tuesday, 16'th Jan 2024
Oil futures rose Tuesday as U.S. traders returned from a three-day weekend, monitoring continued tensions in the Middle East that has disrupted tanker traffic and poses a threat to crude supplies from
Oil Prices Forecast: Production Slump, Stronger US Dollar Impacting Crude.
01:53am, Tuesday, 16'th Jan 2024
The outlook for crude oil prices centers on geopolitics, a weather-driven production decline and the significant role played by a robust US Dollar.
Oil ticks up as Middle East crisis escalates, tankers divert
08:19pm, Monday, 15'th Jan 2024
Oil prices edged slightly higher on Tuesday as the Middle East crisis escalated and ship tracking data showed more tankers altering course away from the Red Sea in response to attacks in the area by Y
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rebounds As Houthis Attack A U.S.-Owned Vessel
01:36pm, Monday, 15'th Jan 2024
WTI oil climbed back above the $72.00 level as traders focused on rising tensions in the Middle East.
The Fallout of Red Sea Military Moves on Global Natural Gas Transport
11:25am, Monday, 15'th Jan 2024
While Europe's natural gas reserves remain stable, the interruption of Qatari LNG exports due to regional conflicts poses a considerable threat to the continent's energy economy.
Crude Oil Price Forecast – Crude Oil Markets Drift Lower
09:23am, Monday, 15'th Jan 2024
Crude oil markets fell a bit during thin trading on Monday as it was Martin Luther King Jr. Day in the United States, therefore it would have been very limited electronic trading.
Natural Gas and Oil Analysis: Market Reacts to Middle East Conflict, NG at $2.74
08:56am, Monday, 15'th Jan 2024
Despite Middle East tensions, oil production remains steady, leading to a decrease in USOIL and UKOIL, while Natural Gas drops to $2.74.
