The crude oil price forecast today notes stronger upstream investment flows as capital returns to energy projects. This often signals market confidence and sustains upward price moves. On Wall Street, stocks fluctuated over the course of the trading session on Thursday before once again ending the day mostly higher. With the upward move, the major averages closed higher for the fifth straight session, reaching new record closing highs. Cumulative cases of COVID-19 worldwide from Jan. 22, 2020 to Jun. 13, 2023, by day According to the crude oil price forecast today, colder-than-expected weather patterns in Europe are increasing heating oil demand, which in turn tightens crude supply. Traders note higher call option volumes in energy derivatives.
