News

Crude prices broke out of the 4-week period of consolidation to the upside this week and breached a key technical level as ...
Here is a look at what happened in oil markets in the week of June 2-6 and what the focus will be in the days to come.
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Saudi Arabia, the world's biggest oil exporter, on Wednesday lowered its July prices for Asian buyers after OPEC+ hiked ...
Saudi Arabia lowered the July price of its Arab Light crude for Asian buyers after OPEC+ decided to accelerate output hikes.
Gas prices are edging lower as June begins, even as crude oil prices are climbing, AAA Oregon/Idaho reported Tuesday. The ...
Petrobras may be a stronger contrarian bet than Schlumberger Limited amid OPEC+ changes, trading discounts, and robust ...
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Oil futures gained in the wake of the OPEC+ decision to unwind another 411,000 barrels a day of output cuts in July.
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...
Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...