Oil & Energy Commodities

Real-time oil prices, charts, and market analysis

Oil & Energy Prices

Commodity	Symbol	Price	Change	% Change
Brent Crude Oil	BRENT	$78.45	+1.23	+1.59%
WTI Crude Oil	WTI	$73.67	+0.98	+1.35%
Natural Gas	NATGAS	$2.89	-0.12	-3.98%
Heating Oil	HEATOIL	$2.67	+0.08	+3.08%

Oil Market Analysis

Oil Market Outlook

Oil prices are showing strength as OPEC+ maintains production cuts and global demand remains resilient. However, concerns about economic growth and potential supply increases from non-OPEC producers continue to create volatility in the market.

Key Factors Affecting Oil Prices

OPEC+ production decisions
Global economic growth and demand
US shale production levels
Geopolitical tensions in oil-producing regions
US dollar strength and currency fluctuations

Latest Oil News

OPEC+ Extends Production Cuts Through Q2 2024

Bullish

The oil cartel has agreed to maintain current production cuts to support oil prices amid global economic uncertainty.

2024-01-15

US Crude Inventories Decline More Than Expected

Bullish

Weekly EIA report shows a larger-than-expected drawdown in crude oil inventories, supporting oil prices.

2024-01-14

China Economic Data Shows Slower Growth

Bearish

Weaker-than-expected economic data from China raises concerns about oil demand in the world's largest importer.

2024-01-13

Oil Quick Stats

Brent Crude:$78.45

WTI Crude:$73.67

Brent-WTI Spread:$4.78

Daily Change:+1.59%

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