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$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
EIA predicts record-high 2023 and 2024 U.S. oil output
02:22pm, Tuesday, 06'th Jun 2023
The Energy Information Administration on Tuesday raised its oil-price forecasts for this year and next, and said it expects U.S. production to hit record highs as global supplies tighten following a d
US 2023 oil output to rise more than previously expected, EIA says
01:36pm, Tuesday, 06'th Jun 2023
U.S crude oil production this year will rise faster and demand increases will cool compared to prior expectations, the U.S. Energy Information Administration (EIA) said on Tuesday.
Oil prices fall, erasing jump seen after Saudi production cut
07:43am, Tuesday, 06'th Jun 2023
Oil futures fell Tuesday, more than erasing the jump that followed Saudi Arabia's weekend announcement of a 1 million-barrel-a-day July output cut, as traders fretted over the global economic outlook.
Oil Price Forecast: OPEC+ Output Deal Boosts Market Optimism, but Global Economic Concerns Persist
01:21am, Tuesday, 06'th Jun 2023
WTI Oil prices slide as concerns about the global economic outlook overshadow Saudi Arabia's production cut.
Oil prices tick down with OPEC meeting in rear view
08:58pm, Monday, 05'th Jun 2023
Oil prices edged lower on Tuesday, giving up most of the prior session's gains that followed an announcement by the world's top exporter, Saudi Arabia, that it would further cut output.
Saudi Thinks It's the 'Central Bank of Oil,' Yergin Says
03:33pm, Monday, 05'th Jun 2023
Daniel Yergin, S&P Global Vice Chairman discusses Saudi Arabia and Russia oil production. He speaks with David Westin and Romaine Bostick on "Wall Street Week Daily.
U.S. oil futures settle at their highest in more than a week
02:57pm, Monday, 05'th Jun 2023
Oil futures climbed on Monday, with U.S. benchmark prices settling at their highest since May 26. Saudi Arabia on Sunday agreed to voluntarily cut its oil production level by 1 million barrels a day i
Natural Gas, WTI Oil, Brent Oil – Oil Pulls Back From Session Highs Amid Profit-Taking
02:21pm, Monday, 05'th Jun 2023
Oil markets jumped as OPEC+ decided to cut production but traders used the rally as an opportunity to take some profits off the table.
US crude oil exports to gain tail winds from Saudi July output cut
02:14pm, Monday, 05'th Jun 2023
U.S. crude oil exports, already running close to a record level hit in March, should get a further boost next month from deep production cuts in Saudi Arabia, analysts said on Monday, noting that this
Crude rally fizzles after OPEC production cuts
02:14pm, Monday, 05'th Jun 2023
CNBC's Brian Sullivan joins 'The Exchange' to discuss Saudi Arabia announcing increased its voluntary production cuts, the impact OPEC's production change will have on crude oil prices, and the timeli
Kneejerk Oil Price Rise Fails To Cap 50-Day Moving Average Despite Saudi Action
02:12pm, Monday, 05'th Jun 2023
Saudi Arabia's unilateral crude production cut may have excited "permabulls" but oil benchmarks haven't even capped their 50-day moving average on demand concerns.
Saudi Arabia's planned oil cut could lead to ‘cracks' within OPEC+ — but not a spike in gasoline prices
01:55pm, Monday, 05'th Jun 2023
The outcome of a meeting this past weekend of major oil producers was somewhat surprising, but they may have expected to see a stronger climb in prices in the wake of Saudi Arabia's decision to volunt
Gold gains as USDX slips, crude oil rallies
01:03pm, Monday, 05'th Jun 2023
(Kitco News) - Gold prices are modestly up and silver a bit weaker in midday U.S. trading Monday.
Oil prices rise on fears of Saudi Arabia's biggest output cut in years
12:06pm, Monday, 05'th Jun 2023
Consultancy Rystad Energy said the additional Saudi cut is likely to deepen the market deficit to more than 3 million barrels per day in July, which could push prices higher in the coming weeks.
Oil Futures Gain as Saudi Arabia Signals More Output Cuts
12:05pm, Monday, 05'th Jun 2023
Oil futures rose after Saudi Arabia announced it would reduce crude output by an additional 1 million barrels per day beginning in July.
