Natural Gas and Oil Forecast: Rebound Fades as OPEC+ Hike Fuels Supply Glut
WTI and Brent plunge to 4-year lows amid tariff fears and OPEC+ supply boost; traders eye $58.45 and $59.50 key pivot levels for recovery signs.
Oil Futures Fall on Worries Over U.S. Tariffs' Impact on Demand
Oil futures declined in the early Asian session on worries over U.S. tariffs on oil demand.
Crude Oil Price Outlook – Crude Oil Continues to Form a Base
The crude oil markets look as if they are trying to form some kind of basing pattern, as we continue to see a lot of questions asked about the potential demand for the markets. The oil market will continue to be somewhat depressed as long as the trade wars continue.
Natural Gas and Oil Forecast: Oversupply Concerns Collide With Support Zones
Oil and natural gas prices stabilize after a sharp selloff, with key support levels holding firm amid oversupply concerns and rising geopolitical risks.
Crude Oil Falls Below $60 as Trump Tariffs and OPEC Output Shock Markets
WTI crude oil broke its long-term support range and sharply declined following President Trump's speech on April 4.
Oil prices climb 1% after heavy US tariff-driven selloff
Oil prices rose more than 1% on Tuesday, rebounding after a hefty selloff in recent sessions led by concerns that U.S. tariffs might depress demand and lead to a global recession.
Oil Futures Rise on Likely Technical Recovery
Oil futures rose in the early Asian session on a likely technical rebound after falling for a third consecutive session overnight.
Trump's Tariff Turmoil Has Oil Prices So Low That It's Not Always Profitable to Drill
Oil prices fell to their lowest level in years on Monday as worries about the reciprocal tariffs President Donald Trump announced last week continued to ripple through global markets.
Russian Urals oil prices fell to the lowest level since 2023 as Brent price collapsed
Russian Urals oil prices fell to the lowest levels since 2023 as international benchmark Brent prices collapsed amid escalating trade tensions between the U.S. and China following the tariffs policy announced last week, Reuters calculations based on traders' data showed.
Oil News: Futures Slide to 2021 Lows as Demand Slows, Tariff Risks Rise
Oil futures drop to 2021 lows as U.S.-China trade war revives recession fears, with weak Asia demand and OPEC supply growth pressuring crude prices.
Natural Gas and Oil Forecast: OPEC+ Supply Hike Fuels Bearish Oil Outlook
OPEC+ plans a 411,000 bpd supply boost in May, deepening crude price declines amid recession fears and bearish natural gas momentum.
Oil Prices Fall as Aramco Lowers Crude Price, Trump Trade Concerns Continue
Oil tanked for a third straight day after Saudi Aramco lowered Arab Light crude to the biggest buyers in Asia more than expected for May, and the escalating trade war spurred concerns about a global recession and weaker demand. Bloomberg's Anthony di Paola reports.
