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Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Saudi Arabia raised prices for its main crude grade for buyers in Asia next month as demand for oil and fuels holds up. The move, a day after OPEC producers agreed to a fourth round of big output ...
Oil prices ticked down on Tuesday as prospects of more supply from the Organization of the Petroleum Exporting Countries and ...
Nigeria has been left out of OPEC’s 548,000 bpd crude output increase due to poor production despite incentives and projections.
OPEC+ may bring its meeting forward to Saturday to approve another oil production hike, though actual supply increases remain ...
Crude oil prices held steady as traders balanced expectations of rising OPEC+ supply with a surprise U.S. inventory build.
The EIA revealed on Tuesday that the United States imported over 30 million barrels of crude oil from OPEC countries in May.
WTI crude oil (CLQ25 ) today is down -0.66 (-1.01%), and August RBOB gasoline (RBQ25 ) is down -0.41 (-0.20%). Crude oil and ...
Crude oil holds above the 200-day MA as traders await OPEC’s decision and summer demand signals. Inventory draws and China’s ...
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