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Oil prices slide as traders brace for extra barrels amid Opec tensions
Opec+ members have been holding back production for the past three years, cutting their combined output by almost 6mn b/d in a bid to push crude prices higher. Those efforts helped to keep crude above $90 a barrel for most of 2022, but the cuts have become less effective over time because of weak demand growth and increased oil output elsewhere.
A halt to Russia's war in Ukraine and the easing of sanctions against them could allow more Russian oil to flow to global ...
US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...
Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.
The Organization of the Petroleum Exporting Countries (OPEC) has received updated plans for Iraq, Kazakhstan and other ...
Gain insight on crude prices and the rig count in the latest Market Talks covering Energy and Utilities.
CVX, COP and EOG offer stability and upside, as OPEC's outlook signals slower growth but confirms oil's lasting role in the ...
The preliminary agreements came as the U.S. looks to isolate Iran from the rest of the world unless Tehran agrees to a new ...
President Trump’s tariffs, global economic concerns, and OPEC oil production hikes have added much more risk and uncertainty ...
VLCCs have resumed their upward trajectory, with more — potentially a lot more — to come. After massive gains to close out ...
The share of OPEC oil in India's imports fell to a record low in fiscal year 2024-25 as refiners continued to gorge on ...
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