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Regarding supplies, on Saturday the Organization of the Petroleum Exporting Countries and allies, a group known as OPEC+, ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
US stocks extend losses, downabout 1%, near miidday after Trump announces 25% tariffs on Korea and Japan. Tesla bleeds on ...
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
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Cyprus Mail on MSNOil rises as tight market outweighs OPEC+ supply hike and tariff riskOil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of US tariffs, with prices rising as a tight physical market ...
Oil rose 1% on Monday as signs of strong demand outweighed the impact of OPEC+ hiking output more than expected for August, ...
OPEC+ is accelerating its oil production increases, aiming to fully unwind its 2023 supply cuts by September, risking an ...
The Organization of the Petroleum Exporting Countries and its allies agreed to boost output again next month by larger than ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
The increase of oil output has mostly come from Saudi Arabia, in a show of confidence that oil is in demand despite concerns ...
OPEC+ is expected to fully unwind its 2.2 million bpd output cuts by September, following a surprise superhike in August.
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