Sign In
Buy XOP
$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
China's Unipec boosts Oman crude sales, caps oil prices despite Saudi cuts
03:44am, Monday, 12'th Jun 2023
China's Unipec, the trading arm of top Asian refiner Sinopec , has emerged as a major seller of August-loading Oman crude this month, a move that has helped to cap benchmark prices despite Saudi Arabi
Oil Price Forecast: Fed Meeting, China Demand, Russian Supply Worries Weigh
01:30am, Monday, 12'th Jun 2023
Oil prices face downward pressure as investors await Federal Reserve meeting and worry about China's demand growth and rising Russian supply.
Oil edges lower ahead of Fed meeting
09:06pm, Sunday, 11'th Jun 2023
Oil prices edged lower on Monday ahead of a Federal Reserve meeting as investors try to gauge the central bank's appetite for further rate hikes, while concerns about China's fuel demand growth and ri
U.S. Shale Is Slowing Down Due To Factors Beyond Its Control
08:06am, Saturday, 10'th Jun 2023
From its' January 14 peak, the Enverus Daily Count of active North American drilling rigs has now fallen by 20%.
Here's why gold is a leading indicator for oil: The McClellan Market Report's editor
04:42pm, Friday, 09'th Jun 2023
Tom McClellan, editor of The McClellan Market Report, joins 'The Exchange' to discuss where crude oil prices are headed, why he thinks gold is a leading indicator for oil, and more.
U.S. oil futures fall for the session, lose more than 2% for the week
02:58pm, Friday, 09'th Jun 2023
Oil futures declined on Friday to tally a loss of more than 2% for the week. Prices had started the week moving higher after Saudi Arabia said it would cut output by an additional 1 million barrels pe
Natural Gas, WTI Oil, Brent Oil – Oil Moves Lower Amid Recession Worries
02:11pm, Friday, 09'th Jun 2023
The rebound of the Chinese economy missed expectations, and traders are worried that demand for oil will remain under pressure in the upcoming months.
Crude Oil Weekly Price Forecast – Crude Oil Markets Have Volatile Week
11:58am, Friday, 09'th Jun 2023
Crude oil markets have fallen a bit during the trading week, as we continue to see a lot of noisy behavior in general.
Crude Oil Price Forecast – Crude Oil Markets Relatively Quiet Heading Into the Weekend
11:28am, Friday, 09'th Jun 2023
Crude oil markets have gone back and forth during the trading session on Friday as we are trying to figure out where to go next. Ultimately, this is a market of hesitation.
Goldman's Currie Says OPEC Cuts to Push Oil Into Low $90s
09:30am, Friday, 09'th Jun 2023
Jeff Currie, global head of commodities research at Goldman Sachs, predicts that OPEC's planned production cuts will drive crude oil prices higher within a year. "You're going to be seeing substantial
Oil Price Forecast: Lower on Demand Concerns, US-Iran Nuclear Deal Uncertainty
01:30am, Friday, 09'th Jun 2023
WTI oil prices slid due to demand concerns, US-Iran uncertainty, rising fuel stocks, weak exports, and mixed central bank signals.
Oil prices fall on demand fears, headed for second weekly loss
09:37pm, Thursday, 08'th Jun 2023
Oil prices fell in early Asia trade on Friday as demand concerns outweighed the prospect of tighter supply from global producers while investors remained sceptical that the United States and Iran coul
U.S. oil futures decline, but settle above the session's lowest levels
02:56pm, Thursday, 08'th Jun 2023
Oil futures declined on Thursday, pressured after a media report that said the U.S. and Iran were nearing a deal that would help alleviate sanctions on Tehran. Prices, however, settled above the sessi
Oil prices drop to erase gains from OPEC's production cuts as US potentially nears deal with Iran to allow oil exports
02:23pm, Thursday, 08'th Jun 2023
Oil prices fell on Thursday after media reports suggested that the US was close to reaching a nuclear deal with Iran. The potential deal would lift some sanctions for Iran and allow the country to exp
Natural Gas, WTI Oil, Brent Oil – Oil Markets Rebound After Sell-Off
01:50pm, Thursday, 08'th Jun 2023
The sell-off in the oil markets was triggered by reports about a potential oil exports deal between U.S. and Iran.
