News

EIA projects WTI under $60 in Q4 and under $50 through most of 2026, as Enverus flags downside risk from oversupply and ...
State refiner Indian Oil Corp (IOC) has bought two million barrels of U.S. West Texas Intermediate crude for October delivery ...
Rystad Energy analysts report WTI faces challenges from OPEC+ exports, refinery maintenance, and quality mismatches, ...
Surging oil supplies has prompted the U.S. Energy Information Administration to forecast a significant decline in oil prices. In its August Short-Term Energy Outlook, the agency expects the Brent ...
Physical oil traders are increasingly turning to futures contracts that deliver supplies to the export hub of Houston, taking ...
Since 20 June 2025, the drawdown of US crude oil inventories (excluding SPR) has slowed down from -9.9% y/y to -1.3% y/y as ...
WTI crude oil futures were higher but momentum was now turning bearish, based on the technical chart.
WTI crude futures remain trapped below the 50-day MA at $62.40, with no strong catalyst to break resistance. A breakout above $62.59 could target $64.40–$66.66, but traders need a decisive ...
Crude futures posted back-to-back losses after the IEA boosted its supply-growth estimates and cut its demand growth forecasts for this year and next.
WTI Crude Oil (CL) continues to decline toward $64 after rejecting the 200-day SMA. Natural Gas (NG) remains uncertain above the $3.00 level as it searches for stronger support.