The International Energy Agency on Wednesday raised its forecast for global oil-demand growth in 2026 to roughly 930,000 b/d, up from its previous estimate of 860,000 b/d. IEA said world oil supply is ...
Crude oil futures rise for fourth week but volatile as Iran tensions fade and Venezuela resumes production. Key pivot at ...
Light crude breaks 50-day moving average resistance, now challenging 200-day MA on Iran tensions. Technical analysis points ...
Refined products were also posting solid gains. The NYMEX February RBOB contract was 3.03cts higher at $1.8241/gal and the March contract was up 3.08cts to $1.8528/gal. The February ULSD contract was ...
Crude oil contracts were little changed at midday Friday ahead of a weekend meeting of OPEC and allied producers that is expected to lead to another output increase in December. The Nymex December ...
I asked how low crude oil can prices fall in a November 6, 2025, Barchart article, where I concluded with the following: NYMEX crude oil’s price remains above the $55 support level in early November ...
Crude oil remains in a bearish trend, as the energy commodity that powers the world has declined below the $60 per barrel level on the nearby NYMEX WTI futures contract (CL1:COM). In an April 3, 2025, ...
Nearby NYMEX crude oil futures are trading around the $60 per barrel pivot point. Since early October, prices above $60 have been a selling opportunity, and dips below $60 have been a buying ...
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2025 marks the 10th anniversary of the lifting of the U.S. crude oil export ban, a development that helped launch North America into the top echelon of global oil suppliers while also recasting the ...