OIL
iPath Pure Beta Crude Oil ETNOIL
OIL
Delisted
OIL was delisted on the 8th of June, 2023.
Financial journalist opinion
Positive
WSJ
2 hours ago
Oil Rises Amid Prospects of New U.S. Sanctions Against Russia
Oil rose in early Asian trade amid prospects of new U.S. sanctions against Russia.

Neutral
FXEmpire
8 hours ago
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Amid Signs Of Progress In U.S. – Iran Talks
The upcoming OPEC+ meeting serves as an additional bearish catalyst for oil.

Negative
FXEmpire
13 hours ago
Crude Oil Price Analysis: Crude Drops In Choppy Premarket Movement
The oil markets continue to see a lot of noise in the movement of both CL and BZ contracts, as the markets worry about the idea of global growth and demand. Furthermore, OPEC continues to flood the markets with supply.

Positive
Reuters
14 hours ago
OPEC+ set to agree July oil output hike this week, sources say
OPEC+ is likely to agree to a further accelerated oil output hike for July this week, three delegates from the group told Reuters, in the latest stage of a plan to meet rising demand and increase market share.

Negative
FXEmpire
16 hours ago
Oil News: Crude Oil Holds Steady as Iran Sanctions, OPEC Outlook Drive Uncertainty
OPEC+ output decision, easing trade tensions, and Iran sanctions shape this week's crude oil outlook as WTI futures hold near key resistance.

Neutral
Reuters
17 hours ago
OPEC+ must be mindful of rising oil demand, UAE energy minister says
OPEC+ is doing its best to balance the oil market, but needs to be mindful of rising demand, United Arab Emirates Energy Minister Suhail Mohamed Al Mazrouei said on Tuesday.

Positive
FXEmpire
20 hours ago
Natural Gas and Oil Forecast: Brent Caught in Descending Triangle, Eyes $65.36 Target on Breakout
Brent Crude struggles near $63.50 support amid descending triangle formation. A breakout above $64.50 may trigger a push toward $65.36.

Neutral
Bloomberg Markets and Finance
21 hours ago
OPEC+ to Decide July Oil Production Levels on May 31
OPEC+ brought forward a video-conference that will decide July oil production levels by one day to May 31, delegates said. The eight-nation sub-group led by Saudi Arabia and Russia held preliminary talks last week on making another bumper output increase of about 411,000 barrels a day for a third consecutive month.

Negative
FXEmpire
1 day ago
Oil, Natural Gas, and US Dollar Analysis: WTI Faces Pressure as OPEC+ Decision Looms
WTI crude oil is consolidating within a range and appears to be heading lower, while natural gas is holding above the $3 support and awaiting its next direction.

Negative
Reuters
1 day ago
Oil edges down as potential higher OPEC+ output eyed
Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude oil output at a meeting later this week.

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