News

Exxon, Chevron, Shell, BP Stocks Fall. OPEC Oil Plans, Gas Trading Fears Are Biting.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Russia’s Crude Production Stayed Below OPEC+ Target in June
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Oil News: Will OPEC Production Surge Sink Crude Oil Futures This Week?
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
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Oil Prices Fall As OPEC+ Surprises Market With Bigger August Output Hike
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
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Oil shrugs off OPEC+'s bigger hike as tight market provides support
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Oil rises as tight market supports despite big OPEC+ hike
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
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OPEC Reports a Global Oil Production Decline in 2024
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
OPEC’s New Supply Shock Locks In Oil Market’s Return to Surplus
The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...