Breaking News: CL – Market Insights, Analysis & Latest Updates

UBS cuts oil price forecasts for 2024-26

UBS analysts have cut oil price forecasts for 2024-2026 due to weak demand, particularly from China, and predict a trading range of $65 to $85 per barrel for Brent.

investing.com • 16/09/2024 - 13:15 PM

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LCO

Oil prices rise as rate cut hopes, Francine disruption offset demand fears

Oil prices rose due to U.S. Gulf production disruptions and a weaker dollar, though concerns about Chinese economic performance cap gains.

investing.com • 16/09/2024 - 02:07 AM

CL
LCO

Oil prices rise as rate cut hopes, Francine disruption offset demand fears

Oil prices climbed due to U.S. Gulf production disruptions and a weak dollar, while concerns over slowing Chinese demand cap gains and prompt OPEC and IEA to adjust forecasts.

investing.com • 16/09/2024 - 02:07 AM

Oil prices climb on hurricane impact ahead of US rate decision

Oil prices increased on Hurricane Francine's production impact, but concerns about Chinese demand and the upcoming Fed interest rate decision create market caution.

investing.com • 16/09/2024 - 00:48 AM

Oil prices climb on hurricane impact ahead of US rate decision

Oil prices increased due to hurricane impacts on U.S. output, despite Chinese demand worries and an upcoming Federal Reserve interest rate decision affecting market sentiment and trends.

investing.com • 16/09/2024 - 00:48 AM

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NG

Fifth of US Gulf of Mexico crude oil and 28% of gas offline, regulator says

Hurricane Francine has caused significant oil and gas production losses in the Gulf of Mexico, with 20% of crude and 28% of natural gas output remaining offline post-storm.

investing.com • 15/09/2024 - 18:47 PM

CL
NG

Fifth of US Gulf of Mexico crude oil and 28% of gas offline, regulator says

Hurricane Francine caused significant disruptions in U.S. Gulf of Mexico oil and gas production, with nearly 20% of crude and 28% of natural gas output still offline.

investing.com • 15/09/2024 - 18:47 PM

CL

Operation to tow stricken tanker and avert spill starts in Red Sea - shipping source

The towing operation for the stranded MV Sounion in the Red Sea has begun, aiming to avoid a major environmental disaster from its crude oil cargo.

investing.com • 14/09/2024 - 19:10 PM

CL

Operation to tow stricken tanker and avert spill starts in Red Sea - shipping source

A Greek oil tanker, MV Sounion, is being towed in the Red Sea after a Houthi attack, involving complex salvage efforts to prevent environmental disaster.

investing.com • 14/09/2024 - 19:10 PM

CL
LCO

Crude oil prices are breaking down, more weakness ahead: BCA

Crude oil prices face further declines due to weakened demand forecasts, increased supply, and economic downturn predictions. Short-lived rallies are likely amidst a bearish market outlook.

investing.com • 13/09/2024 - 07:37 AM

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