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Brent Oil - Oil steadies with signs of tight market before US inventory data

16-07-2025 02:34

Oil steadied after a two-day decline as traders assessed signs of near-term market strength — especially for diesel fuel — ahead of US stockpiles figures.

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Oil ticks higher as traders focus on signs of market tightness

Oil ticked higher after a two-day drop, as traders assessed signs of near-term market strength ahead of US inventory figures. Brent rose to $69 a barrel, while West Texas Intermediate was near $67.

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Enbridge: $100 Oil Price Can Be A Black Swan In H2 2025 (Rating Upgrade)

See how rising oil prices, driven by economic forces, OPEC+ moves, and inflation, could impact markets and why Enbridge Inc. may benefit. Click for our ENB update.

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Goldman Sachs upgrades Brent oil forecast for H2 2025

Goldman Sachs raised its crude price forecast for the second half of this year, citing the risks of supply disruptions, lower inventories in the Organ ...

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Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Trump Threatens Sanctions On Buyers Of Russian Oil

If natural gas stays above the $3.40 level, it will head towards the resistance at $3.60 – $3.65. WTI oil pulled back as U.S. President Donald Trump did not announce immediate sanctions on Russian oil ...

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