Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.
Oil Prices Fall Ahead of OPEC+ Meeting
Oil prices fell after a U.S. inventory report showed a gasoline stockpile increase, with traders waiting for OPEC+'s decision on production cuts.
Oil prices rise as investors weigh OPEC+ discussions, Trump tariffs
Oil prices rose on Tuesday as investors eyed OPEC+ discussions on output and weighed the potential impact of U.S. President-elect Donald Trump's planned trade tariffs on Mexico and Canada. Brent crude futures were up 66 cents,
Oil Prices Steady; Market Await OPEC Meeting Results
Oil prices were flat in early Asian trading. The market is waiting for the next move by OPEC, ANZ research analysts said.
Goldman Sachs: OPEC+ Cuts Provide Near-Term Upside to Oil Prices
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil prices.
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest near term upside to Brent prices, Goldman Sachs said.
Oil prices tick higher as attention turns to OPEC+ decision on crude production
Meanwhile, calls by President-elect Donald Trump and proposed cabinet members to significantly boost U.S. crude production pose a potential threat to OPEC+ market share, though sk
Oil prices end little changed as traders weigh supply data and await OPEC+ meeting
Oil futures finished on a mixed note, with U.S. and global benchmark prices little changed Wednesday as traders turned their ...
Trump’s tariffs on Canadian oil, the failures of globalization, and why prices at the pump might rise by 25% in 2025
Globalization promised a better future, and now Trump’s protectionist policies, responding to that failed promise could lead ...
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Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Goldman Sachs predicts that oil prices could fall about 20% to the low $60s by the end of 2026. The analysts point to ...
Oil prices drop as talk of Israel-Hezbollah cease-fire cuts ‘security premium’
Oil futures moved lower in Monday dealings, pulling back after a surge that saw the U.S. benchmark jump more than 6% last ...
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Oil Prices Steady Amid Focus on Israel-Hezbollah Ceasefire, OPEC+ Policy
TOKYO (Reuters) - Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ...
Olive oil prices expected to drop by half after reaching record high
Olive oil prices reached a record high of $12.39 per bottle this year — a jaw-dropping cost Deoleo plans to cut in half. The ...
Oil prices risk moving lower as China demand falters: Analyst
Oil prices (CL=F, BZ=F) fell on Monday following reports that Israel and Hezbollah may be nearing a ceasefire deal. Stephen ...
U.S. oil prices pare gains after a smaller-than-expected fall in U.S. crude supplies
Oil futures pared their early gains Wednesday after the Energy Information Administration reported that U.S. comm ...