Analyst Currie sees chances for $100-plus oil 'extraordinarily high'

Commodities Energy Analyst Currie sees chances for $100-plus oil 'extraordinarily high' Crude oil futures finish higher Tuesday. Euro zone business activity expanding at fastest pace in nearly a year. Focus shifts away from Middle East tensions to economic indicators and supply and demand balances.

Weekly Report: what happened at GUSH last week (0415-0419)?

Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease

Commodities Energy Commodity Roundup: Oil sheds over 2%, gold down 1% as Mideast tensions ease. Crude oil prices fell more than 2% on Monday as Middle East tensions eased. Brent futures fell 0.58% to $86.58 a barrel. Gold prices retreated as well, registering a third consecutive weekly loss.

Iran oil sanctions part of U.S. aid package for Ukraine, but little disruption seen

Energy Iran oil sanctions part of U.S. Aid package for Ukraine, but little disruption seen. Chinese independent refiners account for 80% of Iran's 1.5M bbl/day in oil exports. Iran is exporting more oil than at any time in six years.

Oil rally fades as fears ease over Israel-Iran hostilities; week ends lower

Crude oil futures posted a second straight weekly loss. Israel and Iran exchanged tit-for-tat strikes in the Middle East. The energy sector ended the week -1.2%. China's Q1 gross domestic product increased 5.3% Y/Y, sending bullish signal to oil markets.

Oil prices turn lower as Israel's attack on Iran appears limited

Iran oil exports hit six-year high, exposing limits in U.S.-led bid to stifle crude sales

U.S. crude oil drops by most since January as supplies rise more than expected

U.S. Crude oil drops by most since January as supplies rise more than expected. Fourth straight weekly build in inventories and weaker economic data from China outweighed Middle East tensions. Front-month crude prices drop to their lowest in three weeks. China's economy grew by stronger than expected in Q1, but other indicators suggest lackluster demand.

U.S., allies plan fresh sanctions on Iran in response to attack on Israel

Oil stays flat as Middle East worries offset by higher-for-longer rates outlook

Oil's rally takes a breather but traders await Israel's response to Iran attack

Crude oil futures fall as traders await Israel's response to Iran's weekend missile and drone attack. Investors worry the breadth of the assault may leave Israel with no choice but to retaliate. Oil prices had risen to their highest since October in anticipation of Iran's attack. The outlook for oil seems to hinge on the Israeli response to the attack, analysts say. Citi raised its short-term oil price forecast.

Weekly Report: what happened at GUSH last week (0408-0412)?

Oil slips after Iran's attack on Israel; markets expect limited Israel response

Oil slips after Iran's attack on Israel; markets expect limited Israel response. Iran's missile and drone assault on Israel caused little damage. May WTI crude oil futures trade lower; prices largely priced in the attack. Big Oil names show mixed results in the pre-market.

Brent crude tops $90 on Mideast fears, but IEA sees slower global oil demand growth

Crude oil futures settle higher Friday after touching their highest intraday levels in six months. The IEA sees slower global oil demand growth for 2024. The energy sector ended the week with losses for the full week. U.S. Crude stocks rose sharply and inflation came in hotter than expected.

U.S. natural gas glut to keep prices low this year before rising in 2025, EIA says

U.S. Natural gas futures fall after EIA reports larger than expected injection into storage. Inventories 38% above the five-year average for the week. The EIA expects prices to remain low this year and average $2.20/MMBtu in 2024. Crude oil futures also fall.

Oil turns higher on report U.S. sees imminent Iran strike against Israel

Oil turns higher on report U.S. Sees imminent Iran strike against Israel. Crude oil futures resume their upward march after back-to-back daily losses. Iran's supreme leader reiterates pledge to retaliate against Israel for last week's strike in Syria. Big build in U.s. Crude oil stockpiles and hotter than expected U. S. Inflation data tempered expectations of interest rate cuts.

UBS lifts Brent, WTI oil price forecasts by $5/bbl, raises demand growth estimates

Energy UBS lifts Brent, WTI oil price forecasts by $5/bbl, raises demand growth estimates for the year. The Bank also cuts its OPEC+ crude production projection for 2Q24. UBS lowered its Russian crude production forecast for the same period.

Q3 crude oil price outlook raised at Morgan Stanley on rising geopolitical risk

Crude oil futures closed with a second straight loss on Tuesday. Morgan Stanley raised its Q2 and Q3 crude oil price outlook for Brent crude by $4.50/bbl to $92 and $94. The bank cites rising geopolitical risks and tight supply.

Pick Leveraged ETFs to Tap Surging Oil Prices

Global oil market likely 'extremely tight' in this year's H2, Citadel says

Global oil market likely 'extremely tight' in this year's H2, Citadel says. Israel and Hamas open fresh round of Gaza ceasefire talks. Crude oil futures fall for the first time after six straight daily gains. Goldman Sachs sees crude prices staying below $100/bbl this year.