News

Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season ...
Rather, it is geopolitical factors—specifically, escalating tensions in the Middle East—that are unsettling markets and ...
After reaching a high of $81/bbl on Jan. 15, the spot price of WTI crude fell sharply in April to below $60/bbl, the lowest ...
Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...
Also, U.S. inflation data eased, defying fears that tariffs would start to drive up prices. Consumer prices were up 2.4% in May from a year earlier, in line with expectations. Month over month, the ...
Oil prices and energy stocks have sold off due to weak demand and OPEC+ production unwinds. Find out why the long-term bull ...
Opec does two things well: produce oil and manage the market to its advantage. The cartel has long held that cutting production and keeping the oil price high beats selling more barrels at lower ...
The latest escalation in tensions in Iran has paved the way for the return of risk premiums on oil prices once again.