Crude oil prices today: WTI prices are down 1.82% today
WTI crude fell to its 52-week low of $64.78 per barrel on Sep. 10, 2024. It reached its 52-week high of $91.09 on Oct. 20, 2023. That’s 19.59% higher than the current futures price.
Crude Oil Price Forecast – Crude Oil Continues to Look Sideways
The crude oil market continues to see a lot of noisy behavior, as the market will see a lot of external factors as the reason we are moving. This market is often looked at as a situation where we are
Crude oil price falls to $73 per barrel as Middle East tensions ease
Crude oil prices fell more than 4 percent on Tuesday after a report that Israel was willing to spare Iranian oil targets, easing concerns over supply disruption.
EIA reduces crude oil price forecast through end-2025 on lower demand
In this month's outlook, EIA educed its 2025 forecast for US Lower 48 states (L48) crude oil production from last month by 1% to 11.3 million b/d. This reduction reflects a downward revision to EIA's West Texas Intermediate (WTI) crude oil price forecast.
Brent crude oil price forecast: numerous catalysts remain
Crude oil prices rebounded on Friday after pulling back from the 6-week high hit at the beginning of the week. With geopolitical conflicts in the Middle East still a key driver of the oil market, ‘buy the rumour’ sentiments are shaping the price movement in the short term.
Crude Oil Prices Slide More Than 4%
Oil prices fell Tuesday after U.S. officials said Israel had assured the Biden administration that it wouldn't target Iran's oil or nuclear facilities in a planned a
Oil prices drop $2 on demand concerns, Israel comments
Oil prices slid $2 in early Asian trade on Tuesday as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report that Israel is willing to strike Iranian military and not nuclear or oil targets.
Crude oil prices fall nearly 2% after OPEC cuts demand forecast again
OPEC has cut its demand forecast for 2024 and 2025. The market, meanwhile, continues to monitor the Middle East in anticipation of a retaliatory strike by Israel against Iran. Crude oil futures fell nearly 2% on Monday after OPEC cut its demand forecast for 2024 for the third time in a row.
"Crude Oil Faces Headwinds: Demand Concerns and Easing Supply Fears"
Crude oil lost its shine on global demand concerns. It hit a low of $69.67 at the time of writingand is currently trading around $69.98. OPEC has lowered its forecast for Chinese oil demand growth to580,
Kinder Morgan misses quarterly profit estimates on weak prices, crude volumes
U.S. pipeline operator Kinder Morgan fell short of Wall Street estimates for third-quarter profit on Wednesday, weighed down ...
The State Of Crude Is Perilous, But I'm Not Worried
The Middle East is alight with conflict and threatens a significant amount of the world's oil production. Read why I am ...
Crude Oil Price Forecast: Struggles Below Key Levels, Downtrend Risks Persist
Crude oil struggles near key technical levels after a breakdown in a symmetrical triangle pattern, leaving uncertainty as prices hover near important support zones.
Russian oil trade is rising with record crude volumes on 'dark fleet' vessels despite sanctions, price cap
Lloyd's List reports record volumes of Russian oil carried on "dark fleet" vessels and sanctioned tankers without known ...
OPEC trims its China crude demand forecast, but nowhere near enough
OPEC cut its estimate for China's crude oil demand growth in 2024 for a third straight month in October, but the producer ...
How will be crude price movement in near term? Jonathan Barratt answers
If you look at OPEC and their announcements in terms of usage, they continue to revise the fact that consumption is actually ...
EIA Cuts 2025 Crude-Price Estimates on Lower Demand Outlook
The lower crude-price estimates are attributed to a reduction in global oil-demand growth in 2025. The EIA sees global oil consumption increasing by 1.3 million barrels a day, down from its estimate ...