News

LONDON, August 7 (Reuters) -OPEC+ oil producers have used high summer demand to launch their first output increases in three ...
West Texas Intermediate (WTI) Oil price halts its four-day losing streak, trading around $65.10 per barrel during the Asian hours on Wednesday. Crude Oil prices gain ground amid rising concerns over ...
U.S. stock-market futures advanced Sunday, after Wall Street ended last week with its worst session since April.
Oil prices slump as OPEC+’s output hike raises oversupply worries amid demand uncertainty. Brent crude is down 1.7% at $68.46 a barrel, while WTI is down 2% at $66.01 a barrel. Oil prices have fallen ...
Per the promise of “Drill, baby, drill”, the price of oil has indeed tanked, and drilling has increased somewhat…but in parts ...
Oil prices fell in early Monday trading in Asia after OPEC+ confirmed another production increase for September, fueling ...
VIENNA -- OPEC and its allies, collectively known as OPEC+, announced the decision on Saturday to increase oil output by 548,000 barrels per day (bpd) in August, a faster move compared with July. In ...
WTI crude is trading below $65, reinforcing the bearish tone as fundamentals and technicals move in tandem. The price has slipped decisively below the 50-day Simple Moving Average (SMA) at $65.44. It ...
Saudi Arabia reaffirms full compliance with OPEC+ output targets, highlighting transparency, strategic inventory, and market stability in global oil.
1008 ET – Oil futures are lower for a third session with prospects of increased output and easing demand keeping buyers at bay. Ritterbusch sees inventories rising “appreciably” as OPEC ...