$171.13
+2.28 (+1.35%)
At Close: Jun 03, 2026
WTI Oil Pulls Back From Session Highs As Crude Inventories Exceed Analyst Expectations
10:49am, Wednesday, 17'th May 2023
Oil markets moved lower after the release of the EIA data as analysts expected that crude inventories would decline by 0.9 million barrels.
Oil Price Forecast: Concerns Persist as API Stockpiles Surge Unexpectedly
02:35am, Wednesday, 17'th May 2023
Oil prices face pressure from rising US crude stockpiles, weak economic data, and persistent demand concerns.
ETFs in Focus as Oil Prices Rise
08:29pm, Tuesday, 16'th May 2023
After declining for four consecutive weeks, oil prices rose against the backdrop of the United States' plans to acquire crude for its SPR and the Alberta wildfires. Take a look into ETFs to gain expos
Natural Gas, WTI Oil, Brent Oil – Oil Markets Pull Back Despite Bullish IEA Forecast
02:05pm, Tuesday, 16'th May 2023
Oil prices are under pressure as traders focus on the disappointing economic data from China.
Crude Oil Price Forecast – Crude Oil Markets Continue to Chop Back and Forth
10:01am, Tuesday, 16'th May 2023
Crude oil markets are looking for some type of resolution to the short-term choppiness as we continue to see a lot of “nothingness.”
Oil Price Forecast: Supported by Wildfires in Canada and US Oil Reserve Purchase
02:38am, Tuesday, 16'th May 2023
US strategic reserve plan, Canadian wildfires, and China's refinery surge boost WTI prices, signal improved demand.
Oil Price Forecast: Prices Stable Amid OPEC+ Cuts but Concerns Persist as US Economy Slows
07:30am, Monday, 15'th May 2023
WTI crude oil remains steady due to reduced oil supplies from OPEC+ cuts and US strategic reserves purchases.
The Week Ahead – US Debt Ceiling and Central Banks in Focus
12:58am, Sunday, 14'th May 2023
The week ahead will be a busy one, with economic indicators, central bank commentary, US politics, and recession jitters to test market risk sentiment.
Oil Price Forecast: WTI Slides as Supply and Economic Fears Intensify
02:13am, Saturday, 13'th May 2023
Mounting fears of a recession in the US and China cast a shadow on oil demand growth
Oil futures finished lower for the session, with U.S. prices down nearly 2% for the week
02:58pm, Friday, 12'th May 2023
Oil futures declined on Friday, with U.S. prices losing almost 2% for the week. “Besides contending with the prospects of a recession, oil prices were met with a barrage of bearish signals this week
Natural Gas, WTI Oil, Brent Oil – WTI Oil Moves Towards $70
01:58pm, Friday, 12'th May 2023
Oil markets are under strong pressure as traders stay focused on recession risks.
Crude Oil Weekly Price Forecast – Crude Oil Markets Stabilize for the Week
11:02am, Friday, 12'th May 2023
The crude oil markets have stabilized a bit during this past week, after having such a volatile week during the previous one. Because of this, we may see an attempt to recover.
Crude-oil prices on track for 4th straight weekly decline
07:50am, Friday, 12'th May 2023
Oil futures rose early Friday, but remained on track for a fourth straight weekly fall, dogged by worries over the economic outlook.
Oil futures down a second session as traders eye demand prospects
02:55pm, Thursday, 11'th May 2023
Oil futures finished lower for a second straight session Thursday as traders continued to weigh the outlook for energy demand. U.S. “debt ceiling drama will eventually play a larger driver for oil p
Natural Gas, WTI Oil, Brent Oil – Oil Retreats As Initial Jobless Claims Rise
02:02pm, Thursday, 11'th May 2023
Oil markets are down by more than 2% amid recession worries.
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