Crude Oil Price Forecast: Bulls Trigger Weekly Reversal, Resistance Looms Ahead
A bullish weekly reversal puts crude oil on a path toward $59 resistance, yet failure near key averages could reinforce the broader downtrend without further confirmation.
Natural Gas and Oil Forecast: Christmas Shutdown Masks Growing Energy Market Risks
Natural gas and oil prices stall during the Christmas shutdown as geopolitical risks, falling US rigs, and key resistance levels shape the near-term outlook.
Oil and Natural Gas Technical Analysis: Holiday Liquidity and Geopolitical Risks Lift Energy Prices
WTI oil rebounded from $55 on holiday-thinned liquidity and geopolitical risks, while natural gas held a bullish structure above $2.60 amid a weakening U.S. Dollar Index.
Oil News: Crude Oil Futures Test 50-Day Average as Venezuela Disruptions Shape Oil Outlook
Crude oil futures stall at the 50-day average as U.S. growth, Venezuela tensions, and rising inventories shape the short-term outlook for traders.
RBC Capital Markets' Helima Croft on the impact of geopolitical tensions on oil prices
Helima Croft, global head of commodity strategy at RBC Capital Markets, joins CNBC's 'Squawk on the Street' to discuss oil prices, the impact of geopolitical tensions on energy markets, and more.
Oil giant BP to sell 65% stake in $10 billion Castrol unit
BP has agreed to sell a 65% shareholding in lubricants business Castrol. The deal comes as the company looks to divest of $20 billion of assets by the end of 2027.
Oil Slips; Prices Likely to Remain Volatile
Oil slipped in early Asian trade. Prices were likely to remain volatile, with moves dominated by geopolitical developments, Kudotrade said.
Crude Oil Price Forecast: Rally Reclaims 20-Day – 50-Day $59.13 Test Ahead
Crude oil extended its counter-trend rally Thursday, reclaiming the 20-day average at $58.20 and trading near the day's $58.54 high while positioning for a test of the 50-day resistance zone near $59.13–$59.37.
Oil Futures Slip With Venezuela, Russia-Ukraine in Focus
Oil futures edged lower after making big gains yesterday on the U.S.'s tightening of the blockade of tankers entering or leaving Venezuela.
Oil ETFs Rally Amid Intensifying U.S.-Venezuela Tension
Oil ETFs are rallying as U.S.-Venezuela maritime clashes lift crude prices, adding a geopolitical risk premium.
Oil Price News: The Death of Oil, Greatly Exaggerated?
Oil is being pushed aside even as positioning, policy and reality begin to diverge. Beneath the noise of surpluses and low prices, the extreme polarity of COT, years of under-investment and a crumbling narrative of energy transition are quietly paving the way for a violent contraction.
SECURITY RISK: Trump reveals his plan Venezuela's 'black market' oil
Former U.S. Energy Secretary Dan Brouillette discusses America's energy outlook as President Donald Trump targets a third sanctioned oil tanker near Venezuela on 'Mornings with Maria.' #foxbusiness #morningswithmaria
