News

By Erwin Seba HOUSTON (Reuters) -Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for ...
Upside for crude oil is likely to remain limited while OPEC+ maintains a trajectory of production hikes. Click to read.
By Erwin Seba HOUSTON (Reuters) -Crude rose more than $1 a barrel on Friday, posting its first weekly gain in three weeks ...
Crude oil prices surged last week, with Brent futures breaching $66 and MCX futures confirming a bullish trend reversal.
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...
Hedge funds boosted their bullish stance on US crude by the most in five months as wildfires endangered Canadian flows and ...
WTI crude dips near $60 as OPEC+ signals output boost; US GDP shrinkage tempers demand outlook while natural gas tightens ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
There are downside risks for oil in the coming months, particularly from higher supply. However, prices could rise again from ...
Crude oil futures slipped on Wednesday, impacted by weak global demand and reduced trading positions. WTI and Brent crude ...