Oil News and Forecast

NOG has a policy to set its dividend strategy once a year before declaring the first quarter dividend in any calendar year. For 2025, the company has decided to increase its quarterly dividend to 45 cents per share, resulting in an expected 10% annual increase compared to 2024. Its robust cash flow and disciplined financial strategy support its incremental dividend strategy.

• This dividend represents a 14% increase from the prior regular quarterly dividend of 7 cents per share.
• Monthly and yearly energy forecasts, analysis of energy topics, financial analysis, congressional reports.
• Traders also looked ahead to an OPEC+ meeting over the meeting, with the Organization of the Petroleum Exporting Countries and its allies expected to further delay the oil output increase set for January.
• Higher U.S.production, however, could introduce more supply into the global market, likelyexerting downward pressure on prices and potentially increasing marketvolatility.
• The Energy Information Administration said crude oil inventories fell by 1.8 million barrels last week after edging up by 0.5 million barrels in the previous week.
• These types of events may lead to actual disruptions or create uncertainty about future supply or demand, which can lead to higher volatility in prices.

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Crude oil for January delivery edged down $0.05 or 0.1 percent to $68.72 a barrel after slipping $0.17 or 0.3 percent to $68.77 a barrel computer vision libraries on Tuesday. The modest decreases seen over the past two sessions came following the nosedive seen during Monday’s session. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days.

Today’s Brent crude oil spot price is at $72.63 per barrel, up by 0.57% from the previous trading day. In comparison to one week ago ($73.88 per barrel), Brent oil is down 1.69%. We also explain what oil blends are (like Brent and WTI), and ways you can speculate on live crude oil spot prices without having to buy physical barrels.

Current state of the oil market

Brent Crude is a particularly light crude oil which is carried from the North Sea to the Sullom Voe Terminal on Mainland, Shetland by an underwater pipeline. Trump’svictory could significantly influence oil market dynamics through policies thatfavour the oil and gas sector. His administration previously prioritised energyindependence, implementing deregulation policies that boosted domesticproduction. Crude oil is by far the world’s most important energy source and the price of oil therefore plays an important role in industrial and economic development. OPEC+production decisions, global economic recovery trends, and seasonal demandpatterns will likely influence short-term oil market dynamics.

USD/JPY: Recovery stalls at 151.75 amid cautious markets

Under such conditions, a large price change can be necessary to re-balance physical supply and demand following a shock to the system. Besides its primary role as the most important energy source, crude oil is also an essential raw material for manufacturing plastics. Because the supply of crude oil is limited but demand is constantly increasing, the price of oil is also continuously rising. Because crude oil is needed to manufacture other primary materials, it is the world’s most important commodity.

Global Events

The reference oil review superforecasting: the art and science of prediction traded most frequently and of major significance for the USA is West Texas Intermediate (WTI), while the most important in Asia is Dubai Fateh. Other reference oil types include Leona, Tijuana, Alaska North Slope, Zueitina or Urals. The different types of crude oil come from regions as diverse as Alaska North Lope, Arab Light or Zueitina in Libya. These are standardized products used to determine the prices for all other types.

You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any Eurjpy correlation particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities. Tools to customize searches, view specific data sets, study detailed documentation, and access time-series data.

Seasonal heatingdemand during the winter months typically drivesprices upward,especially in colder regions. Brent crude oil trades six days a week, so based on which day you’re looking at crude oil spot prices, you may be getting the last recorded live price. At local time on Sundays for your chosen exchange, you’ll almost certainly get the last Brent crude oil spot price that the market closed with. The abbreviation indicates one barrel of crude oil, but you may see Gbbl (one billion barrels), as well as Mbbl (one million barrels) or Kbbl for one thousand barrels. For example, you can see that Brent crude oil spot prices are quoted by the barrel (bbl), as are West Texas Intermediate (WTI) oil prices on global futures exchanges like NYMEX. Technological developments and changes in resource distributions along the oil supply chain will also impact crude oil spot prices.

The Energy Information Administration said crude oil inventories fell by 1.8 million barrels last week after edging up by 0.5 million barrels in the previous week. Economists had expected crude oil inventories to decline by 1.3 million barrels. (RTTNews) – The price of crude oil showed a lack of direction over the course of the trading session on Wednesday before eventually ending the day slightly lower. The new dividend policy is subject to provisional modifications driven by significant changes in commodity prices or major corporate developments. Octa is aninternational broker that has been providing online trading services worldwidesince 2011. It offers commission-free access to financial markets and a varietyof services used by clients from 180 countries who have opened more than 52million trading accounts.