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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
Oil prices aim for back-to-back gains
07:28am, Thursday, 08'th Jun 2023
Oil futures rose Thursday, on track for back-to-back gains and a fifth winning session out of the last six, as bulls shook off a sharp rise in U.S. gasoline inventories to focus on improving refining
Oil Price Forecast: Challenges Ahead as Demand Weakness Weighs on Prices
01:30am, Thursday, 08'th Jun 2023
WTI oil is lower as global economic concerns, weaker demand, rising U.S. fuel stocks, and disappointing Chinese exports offset Saudi output cuts.
Oil steady as investors weigh supply and demand drivers
09:49pm, Wednesday, 07'th Jun 2023
Oil prices were little changed in early Asia trade on Thursday as investors weighed demand concerns over a global economic slowdown against an expected fall in supply from Saudi output cuts.
U.S. oil futures turn higher for the week
03:04pm, Wednesday, 07'th Jun 2023
Oil futures settled higher Wednesday, with U.S. benchmark prices turning positive for the week after U.S. government data revealed a weekly decline in domestic crude supplies. Overall, oil has “stal
Natural Gas, WTI Oil, Brent Oil – Natural Gas Gains Ground As Traders Bet On Warmer Weather
01:49pm, Wednesday, 07'th Jun 2023
WTI oil settled above the $72 level as traders focused on falling crude inventories.
Oil prices steady as economic fears offset Saudi output cut
11:39am, Wednesday, 07'th Jun 2023
OPEC+ decided to cut oil production by one million barrels a day. Rebecca Babin, CIBC Private Wealth, US Senior Energy Trader, joins Yahoo Finance Live anchors Julie Hyman and Brad Smith to discuss th
Crude Oil Price Forecast – Crude Oil Markets Continue to See Noisy Behavior
11:13am, Wednesday, 07'th Jun 2023
The West Texas Intermediate Crude Oil market has gone back and forth during the trading session on Wednesday, as we continue to see a lot of noisy behavior.
Oil Markets Test Session Highs As Crude Inventories Decline
10:51am, Wednesday, 07'th Jun 2023
Strategic Petroleum Reserve fell to multi-decade lows, providing additional support to oil prices.
OPEC's Quota Wrangles May Impact Global Oil Markets
10:12am, Wednesday, 07'th Jun 2023
OPEC's June meeting provided some unexpected melodrama, with internal skirmishing between member countries spilling into public view. At stake were revisions to strictly regulated production quotas, w
The Biggest Economic Events Oil Traders Need to Keep an Eye On
04:37am, Wednesday, 07'th Jun 2023
This article explores three key economic events that oil traders should monitor closely.
Oil Price Forecast: Pressured by Worries of Surplus Inventories, Recession
01:30am, Wednesday, 07'th Jun 2023
Global economic headwinds, rising inventories, somber economic readings undermine WTI oil prices despite Saudi Arabia's output cut and OPEC+ efforts.
Oil prices steady as fears over supply tightness counter demand woes
09:04pm, Tuesday, 06'th Jun 2023
Oil prices steadied on Wednesday after the previous session's losses, as demand concerns owing to slow global economic growth were offset by fears of tighter global supply following Saudi Arabia's ple
OPEC+ output cuts could pump up E&P and IOC stock prices
03:40pm, Tuesday, 06'th Jun 2023
OPEC+ announced on Sunday planned production reductions from some of its member states, most notably Saudi Arabia agreeing to make a one million barrel per day (bpd) voluntary cut starting in July. UB
U.S. oil futures settle lower a day after rising in the wake of Saudi Arabia's plan to cut output
02:45pm, Tuesday, 06'th Jun 2023
Oil futures finished lower on Tuesday, with U.S. benchmark prices giving back what they gained a day earlier after Saudi Arabia on Sunday said it would take on an additional output cut of 1 million ba
Natural Gas, WTI Oil, Brent Oil – Oil Moves Away From Session Lows Despite Economic Worries
02:23pm, Tuesday, 06'th Jun 2023
Oil markets gained upside momentum as traders focused on OPEC+ production cuts.
