iPath Pure Beta Crude Oil ETN

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WTI Crude oil edges close to $79, with an upward channel suggesting a strong buy signal—are you ready to take action?

Natural Gas and Oil Forecast: WTI Nears $79; Upward Channel Signals a Buy?

Oil prices climbed on Wednesday on estimates about shrinking U.S. crude and gasoline inventories as the market watched for a possible widening of the Middle Eastern war, which could curtail global oil supplies.

Oil strengthens as fall estimated in US crude inventories

Crude oil's 11.2% advance signals further upside potential, targeting 84.15. The bullish reversal and strong momentum support a continued rally above key resistance levels, but a pullback may occur first.

Crude Oil Price Forecast: Poised for Further Gains After a Rest

As uncertainty over global crude oil demand continues to hang over the market, even one of its most bullish forecasters - the Organization of Petroleum Exporting (OPEC) - has now lowered its demand growth forecast for both 2024 and 2025.

Even OPEC Now Sees Lower Global Oil Demand Growth In 2024 And 2025

Oil markets move lower amid hopes for de-escalation in the Middle East.

Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As Traders Take Profits After Rally

The crude oil market rallied a bit in the early hours of Tuesday, as the price continues to rise. At this point, both grades that we follow are pressing against significant resistance.

Crude Oil Price Forecast – Crude Oil Continues to Rally a Bit

The U.S. crude oil benchmark eased a touch as an expected attack by Iran on Israel has not materialized. Concerns about the strength of global oil demand are also weighing on the market.

U.S. crude oil trades near a three-week high after rally fueled by Israel-Iran tension

Oil futures were flat to slightly lower early Tuesday, consolidating after a five-day winning streak tied in part to fears of a more direct conflict between Israel and Iran that could threaten crude supplies from the Middle East.

Oil prices edge lower after Monday surge as investors weigh demand outlook

Middle East tensions and OPEC's cautious demand forecast keep crude oil prices supported, with potential supply disruptions looming.

Oil News: Middle East Tensions Spark Bullish Crude Oil Outlook and Market Fears

OPEC vs. IEA: Diverging 2024 oil demand forecasts spark market uncertainty, with OPEC's bullish outlook clashing with the IEA's cautious projections.

Oil News: Divergent Forecasts From OPEC and IEA Signal Volatile Oil Outlook.

Concern remains about a wider conflict in the Middle East, where some of the world's biggest crude producers are based.

Oil Prices Cool Despite Fear of Iran Attack on Israel

Middle East tensions and OPEC's revised demand forecast for 2024 could spark volatility in oil and natural gas prices, reshaping the energy market landscape.

Natural Gas and Oil Forecast: Middle East Tensions and OPEC's 2024 Outlook Shift

Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China.

Oil prices ease as markets refocus on demand worries

US crude oil prices have surged for the fifth straight day, surpassing $77 per barrel. This climb is driven by heightened geopolitical tensions following the Pentagon's decision to bolster military forces in the Middle East due to escalating threats from Iran towards Israel.

Crude oil prices surge for fifth consecutive day, exceeding $77 amid Pentagon's Middle East deployment

Oil prices tested new highs as traders focused on rising tensions in the Middle East.

Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Gains 3% As U.S. Sends Submarine To Middle East

The crude oil market continues to see a lot of upward pressures, although we are still in a very difficult environment. With this, I am cautious about the commodity.

Crude Oil Price Forecast – Crude Oil Continues to Rally a Bit in The Early Hours on Monday

U.S. crude oil extended last week's gains as Middle East tensions continue to weigh on the market. Futures are trading higher even as OPEC lowered its demand forecast in part because of economic uncertainty in China.

U.S. crude oil rises a fifth day, tops $77 per barrel, as Pentagon sends more forces to Middle East

Crude futures rose Monday, holding on to solid gains after the Organization of the Petroleum Exporting Countries trimmed its forecast for growth in oil demand due to softness in China.

Oil prices hold gains after OPEC trims demand outlook on China softness

OPEC on Monday cut its forecast for global oil demand growth in 2024, citing weaker than expected data for the first half of the year and softer expectations for China, and also trimmed its expectation for next year.

OPEC cuts 2024 oil demand growth forecast, citing China

Oil prices rally on Mideast tensions and strong US data, boosting Brent and WTI. Analysts see continued bullish momentum with risks of supply disruption.

Oil News: Crude Prices Surge Amid Geopolitical Fears and US Economic Strength

Oil prices continued to charge upwards on Monday morning, as heightened tensions in the Middle East looked to stick on traders' minds. Brent crude gained 1.3% to sit at US$80.05 a barrel on Monday morning, while West Texas Intermediate climbed 0.7% to US$77.29.

Oil prices continue upwards as Middle East fears linger

WTI oil prices soar above $77 as escalating Iranian tensions raise concerns over potential supply disruptions in the Middle East.

Natural Gas and Oil Forecast: WTI Surges Past $77; Iranian Tensions Boost Oil

Oil prices were little changed in early Asian trading on Monday, holding on to most of last week's more than 3% gains, supported by geopolitical tensions and better economic data.

Oil holds on to last week's gains buoyed by Mideast tensions, economic data

Crude oil on track for further gains with tightening supply and bullish economic indicators. Can upcoming CPI data push prices to new highs?

Oil News: Will Upcoming CPI Data Spark Another Surge in Crude Oil Prices?

Oil markets continue to rebound, supported by geopolitical tensions and the recent U.S. job market report.

News for iPath Pure Beta Crude Oil ETN Stock (OIL)