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Oil price forecast: set for second weekly gain amid strong demand

WTI crude oil prices set for 2nd weekly gain on robust demand, significant US inventory drop, and OPEC'...

July 7, 2023, 6:04 am

U.s. oil futures shake off early loss to finish nearly flat

U.S. oil futures gave up their early Thursday losses to settle almost unchanged for the session. Prices found some support following a report from the...

July 6, 2023, 2:56 pm

Natural gas, wti oil, brent oil – oil rebounds from session lows as crude inventories decline

The EIA report provided significant support to oil markets....

July 6, 2023, 2:08 pm

Crude oil price forecast – crude oil market stagnated at 50-day ema

The crude oil markets have been somewhat stagnant during the trading session on Thursday, as it looks l...

July 6, 2023, 10:55 am

Saudi arabia hikes august oil prices to asia after supply cuts - sources

Top oil exporter Saudi Arabia has raised the prices for most its crude oil to Asian customers in August...

July 6, 2023, 8:52 am

Oil prices edge higher as traders eye inventories

Oil futures edged higher Thursday, finding support as investors weighed industry data that showed a drop in U.S....

July 6, 2023, 7:50 am

Oil price forecast: sluggish chinese demand, global uncertainty weigh

Sluggish Chinese demand, caused by slow services activity expansion, overshadow Saudi supply curb, causing WTI...

July 6, 2023, 1:36 am

Oil prices steady as china demand fears offset tighter supply forecasts

Oil prices moved little in early Asian trade on Thursday as the prospect of tighter supply with output cuts from Saudi Arabia and Russia and a bigger-...

July 5, 2023, 9:37 pm

Forexlive americas fx news wrap 5 jul. fed minutes support fed members inflation concerns

More from Fed's Williams: Makes sense to slow rate rises right now, but is data dependentUS equity close: Value strugglesFed's Williams - isn't happy ...

July 5, 2023, 8:53 pm

Private oil survey data shows larger headline crude draw than was expected

The inventory data from the private survey is out now, official data follows Wed. morning (US time). Numbers via Twitter--Expectations I had seen cent...

July 5, 2023, 8:38 pm

Crude oil settles at $71.79

WTI crude oil futures are settling at $71.79. That's up an even $2 on the day or 2.87%. The high price ...

July 5, 2023, 7:05 pm

Kuwait minister: oil output capacity will be 3.2 million barrels per day by end of 2024

The Minister of Kuwait has stated that the country's oil output capacity will reach 3.2 million barrels per day (BPD) by the end of 2024. However, he ...

July 5, 2023, 4:58 pm

Oil futures settle higher as saudi arabia pledges to do what's necessary to support the market

Oil futures settle higher on Wednesday, as reported comments from Saudi Arabia at an Organization of the Petroleum Exporting Countries seminar raised ...

July 5, 2023, 2:57 pm

Oil holds gains above $70, and that's where morgan stanley expects it to stay

The API private oil inventory data is due out later today and will be the next market mover for crude; though it usually leaks early. We're now past t...

July 5, 2023, 2:43 pm

Us traders come back from july 4 and push stocks lower

US traders returning from 4 July holiday on Tuesday and pushing stock prices to the downside after modest gains on Monday to start the trading month. ...

July 5, 2023, 1:35 pm

Natural gas, wti oil, brent oil – oil gains ground after u.s. holiday

Traders focus on U.S. holiday demand and prepare for tomorrow's EIA crude inventories data....

July 5, 2023, 1:33 pm

Cuts in russian, saudi arabian oil production not having major impact on prices

Russia and Saudi Arabia announced an extension to cuts in oil production on Wednesday, but prices for crude ...

July 5, 2023, 1:31 pm

Totalenergies ceo says oil prices within a $70-$80 range 'good for producers and customers'

Patrick Pouyanne, CEO of TotalEnergies, discusses the outlook for oil markets and says crude prices set...

July 5, 2023, 12:10 pm

Crude oil price forecast – crude oil continues to threaten 50-day ema

The crude oil market has rallied a bit during the trading session on Wednesday, as traders have returne...

July 5, 2023, 10:07 am

Wti crude oil technical analysis

This week we got again some bullish headlines for the Oil market as the Saudi Arabia and Russia are extending their output cuts. This is giving oil pr...

July 5, 2023, 9:06 am


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