News

High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
Oil futures settled lower with expectations of further OPEC+ production increases in July outweighing the easing of trade tensions between the U.S. and the EU, which lifted equities.
OPEC+ will press on with its plan to increase its oil production quotas for the month of July, anonymous sources have told ...
The NYMEX June RBOB contract, which is set to expire on Friday, was off by 3.73cts to $2.0719/gal, up from a recent low of $2.0705/gal, the weakest price since May 8. More trading in the July RBOB ...
The UAE's energy minister has urged OPEC+ to consider rapidly rising oil demand and called for broader global cooperation ...
Oil prices eased on Tuesday as market participants weighed the possibility of an OPEC+ decision to further increase its crude ...
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $61.11 per barrel, ...
OPEC+ is doing its best to balance the oil market, but needs to be mindful of rising demand, United Arab Emirates Energy ...
Oil fell to a four-year low in April below $60 per barrel after OPEC+ said it was accelerating its output hike in May and as ...
India is the stuff of dreams for OPEC and Big Oil: a rapidly developing nation of nearly 1.5 billion people where petroleum ...
While no one is accusing egg producers of colluding or price-fixing, from an economic standpoint, it certainly could be ...