News

Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold to buyers in Asia, according to Bloomberg. The hike adds $1 per barrel, bringing the ...
West Texas Intermediate (WTI), futures on NYMEX, recovers its initial losses and rebounds to near $65.50 during the European ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
The latest oil supply shockwave unleashed by OPEC+ is set to swell a surplus later this year, pressuring prices for producers ...
The first half of the year saw significant oil price volatility influenced by U.S. trade policies, OPEC+ production decisions, and geopolitical tensions.
Twenty-four of the 26 survey respondents predicted that OPEC+ will ratify a boost of 411,000 barrels a day on Sunday, ...
Bearish oil traders foresee a world soon to be awash in crude, but it might be a lot harder to oversupply the market than widely thought, thanks to one overlooked factor - at least according to one ...
Oil slipped as President Donald Trump pushed for lower prices and fears faded that the conflict with Iran would immediately ...
The US carried out unusually large-scale attacks on Iran, using dozens of cruise missiles and six bunker busters, a type of munition that is designed to penetrate hardened targets or targets buried ...
If the Iranian leadership believes its survival is at stake, it could attack Gulf energy infrastructure and oil tanker ...