News

OPEC+ jolted markets by announcing it would flood the market with more oil.
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Oil prices eased on Tuesday after rising almost 2% in the previous session, as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August.
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
Doomsday scenarios about peaking demand or an Asian market implosion are driving current bearish oil views. While OPEC has ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
However, the reality may not be quite as rosy as OPEC paints, with tepid demand growth in major consumers such as China, the world's top oil importer. China's crude imports barely rose in the first ...
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...