Attention now has turned to a Sunday meeting of OPEC+ ministers. In early November, OPEC+ said it would extend 2.2 million barrels a day of voluntary production cuts to the end of December. That meant ...
Oil futures seesawed between modest gains and losses Wednesday after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern ...
Power the Future founder Daniel Turner breaks down how tariffs could lead to higher oil prices during an appearance on ...
The United Arab Emirates has been accused of defying production cuts from the Opec+ oil cartel, as tensions threaten to ...
"The parties also expressed their intention to compensate for any previous overproduction within their own quotas. The Kazakh Energy Minister confirmed his country's full commitment to the agreement, ...
Goldman Sachs’ Scott Rubner predicts a year-end rally that will push the S&P to 6,200 points as reported by Bloomberg on ...
Crude oil prices have stabilized in recent weeks as traders gear up for a meeting of OPEC and its allies. There are signs ...
Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the US ...
Oil prices edged lower on Wednesday as a large, surprise build in U.S. gasoline stocks outweighed easing supply concerns from ...
Hammer was not the only market observer to point out another delay: Goldman Sachs said the recent oil drop would prompt ...
Industry data shows drop in U.S. crude inventories, rise in fuel stocks Oil futures edged higher Wednesday, finding a footing after a cease-fire between Israel and Iran-backed Hezbollah eliminated ...
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...