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OPEC, Oil
Oil Holds Steady Ahead of OPEC+ Meeting
Oil prices are broadly stable in early European trade as the market awaits OPEC+'s output policy meeting later and continues to monitor geopolitical risks in the Middle East. Crude benchmarks Brent and WTI both trade 0.
Bank sold over $270 million of US oil futures ahead of OPEC+ meet, source says
A single bank sold a large volume of U.S. oil futures contracts in early afternoon trading on Wednesday, a person with direct knowledge of the matter said, pushing prices down more than 1% within minutes and causing traders to scramble to decipher the reason.
Crude oil prices hold losses as traders shift focus to OPEC+ supply meeting
At present, US rigs pump more than 13.5 million barrels a day, compared with less than 9 million in OPEC+ de facto leader Saudi Arabia.
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13h
Crude Prices Tumble on US Energy Demand Concerns
Wednesday closed down -1.40 (-2.00%), and January RBOB gasoline (RBF25) closed down -0.0233 (-1.19%). Crude oil and gasoline ...
2d
Oil Update - November 2024
OPEC+ has delayed its meeting from December 1 to December 5. Most analysts believe that oil production cutbacks will be ...
20h
Crude Oil steady after API came in as surprise build ahead of OPEC+ and EIA
US President-elect Donald Trump threatens to drag the Middle-East region into a war if hostages are not released.
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17h
Crude Prices Slip on Weak US Economic News
WTI crude oil (CLF25) today is down -0.41 (-0.59%), and January RBOB gasoline (RBF25) is up +0.0017 (+0029%). Crude oil and ...
5d
Crude Oil Price Forecast – Crude Oil Continues to See Range Hold
The crude oil markets are sideways again, as the markets are trying to form some kind of base. At this point in time, the ...
2d
WTI outlook: Look for direction signal on breach of $68 or $70 triggers
Technical studies are mixed on daily chart as 14-momentum is neutral, MA’s in bearish configuration and stochastic is oversold. Look for direction signals on break of either $68.00 or $70 triggers.
ig.com
1d
Gold price and WTI crude price higher, but natural gas price falls again
​ WTI crude oil prices recovered sharply yesterday, with WTI rallying off $68. In the short-term, the price now targets the ...
8d
Natural Gas and Oil Forecast: Russia-Ukraine Tensions Keep Prices Elevated
Natural Gas (NG) is trading at $3.41, down 0.47% on the day, with the price hovering around a crucial pivot level. This level ...
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