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Crude futures rise to multiweek highs amid optimism that U.S. engagement this week with China could lead to trade agreements.
By Erwin Seba HOUSTON (Reuters) -Crude rose more than $1 a barrel on Friday morning and oil prices were on track for their ...
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 ...
Oil prices dipped but were on track for a weekly gain, while OPEC+ members are expected to agree to two large output hikes for August and September at their next meetings. Oil Prices Have Stayed ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
Oil prices dipped in early trading but are on track for a weekly gain of more than 3% after President Trump and Chinese leader Xi Jinping agreed to further trade talks. Still, expectations the OPEC+ w ...
The recent OPEC+ decision to increase production could further pressure oil prices. Click here to find out why I rate SU ...
Russian and Saudi oil interests have not been so misaligned since the pandemic as Saudi Arabia seeks to accelerate its oil shift.
The price cut by Saudi Arabia, key oil producer within OPEC+ - the oil producing group that includes members of the ...
Saudi Arabia wants OPEC+ to continue with accelerated oil supply hikes in the coming months as it puts greater importance on ...