News

Crude oil fell 3.4% after the group of oil-producing nations continued an accelerated revival of supply thats sent prices ...
Brent crude futures dropped $2.04 a barrel, or 3.33%, to $59.25 a barrel by 2240 GMT while U.S. West Texas Intermediate crude ...
Futures on Wall Street have opened with a tinge of caution on Sunday evening US time after benchmark indices registered their ...
The Organization of the Petroleum Exporting Countries and allies (OPEC+) is set to further speed up oil output hikes. Citing five sources, Reuters reported that this could bring back to the market as ...
Crude oil futures have dropped more than 3% Sunday after OPEC+ agreed to accelerate production increases for a second ...
OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global ...
Oil slumped in early trading after OPEC+ agreed to a further surge in output over the weekend, bolstering global supplies.
Eight members of OPEC+ have hinted at plans to further accelerate oil output hikes, amid the latest step to unwind ...
Inventories may increase by about 200m barrels over the next three quarters, which could drive crude toward the low $50s ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...