Oil News: Crude Oil Futures Set for More Gains as Iran Conflict Threatens Supply
OPEC and Iran in Focus as Infrastructure Takes Direct Hits Israel’s strikes targeted critical oil and gas infrastructure,…
Oil News: OPEC Output Surge Clouds U.S. Crude Oil Outlook Amid Export Declines
At 11:32 GMT, Light Crude Oil Futures are trading $63.36, down $0.01 or -0.02%. OPEC+ Production Gains Undercut…
Oil News: Sluggish Gasoline Demand Undermines Bullish Crude Inventory Data
At 09:10 GMT, Light Crude Oil Futures are trading $63.07, up $0.22 or +0.35%. Saudi Price Cuts and…
Oil News: Crude Oil Futures Rally as OPEC+ Plans Offset Canada Supply Disruptions
OPEC+ Output Hike in Focus as Canada Wildfires Curtail Supply Oil prices are holding steady as markets weigh…
Oil News: Bearish Oil Outlook Deepens as Demand Weakens, OPEC+ Decision Looms
Weekly US Dollar Index (DXY) The U.S. Dollar Index settled at 99.443 on May 30, up 0.339 points…
Oil News: Traders Brace for OPEC+ Call as Geopolitics Buoy Crude Futures
Daily Light Crude Oil Futures Crude futures are consolidating below a tight resistance cluster centered around the 50-day…
Natural Gas, WTI Oil, Brent Oil Forecasts – Short-Covering Lifts Oil, But OPEC’s Production Looms
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Oil News: Bearish Outlook Builds as Traders Eye $59.51 Support Test
Can the $59.51 Pivot Hold in the Face of Bearish Pressure? A bounce from $59.51 could form a…
Natural Gas, WTI Oil, Brent Oil Forecasts – Bearish Market Today on Inventory Builds
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Oil News: Bearish Outlook as OPEC+ Eyes Supply Hike and Inventories Climb
OPEC+ Eyes July Output Hike—Can the Market Absorb More Barrels? Oil prices slid over 1% Thursday following a…
Natural Gas, WTI Oil, Brent Oil Forecasts – Geopolitics Lift Crude; Gas Slumps on Mild Weather
Daily Natural Gas Natural gas futures plunged 6.7% to $3.111 per MMBtu on Monday as market sentiment turned…
Oil News: Will Rising Inventories and Surplus Forecasts Drag Prices Lower Next Week?
Adding to this bearish tone, the International Energy Agency (IEA) revised its global oil supply growth estimate higher…