Tag: OPEC
Oil settles lower as OPEC plans to increase oil output
By Arathy Somasekhar HOUSTON (Reuters) -Oil prices settled marginally lower on Monday as OPEC's...
Crude Check: Bulls Face A Hurdle
Crude oil prices rebounded last week, snapping a three-week losing streak. Brent crude oil futures on the...
The Quota’s Gone, the Decline Isn’t
In December 2023, Angola stunned global energy markets by announcing it would leave OPEC after 16...
Crude Check: Bears Calling The Shots
Crude oil prices were down for a third week in a row. Brent crude oil futures on the Intercontinental...
Oil prices hit 5-month low on US-China trade tensions, looming supply surplus
By Scott DiSavino NEW YORK (Reuters) -Oil prices eased on Wednesday to a five-month...
Trump tariff threat pushes oil to five-month low
(Corrects Brent's settlement at lowest since May 7, not May 5, in paragraph 3) ...
Analysts Say China’s Stockbuilding, OPEC+ Stability Providing Market Floor
Oil prices edged higher over the past week, after a bullish OPEC+ move while expanding strategic...
Trump tariff threat pushes oil to five-month low
By Erwin Seba HOUSTON (Reuters) -Brent and U.S. crude futures fell more than $2...
Crude Check: Retain Short Positions
Crude oil prices were down for a second week in a row. Brent crude oil futures on the Intercontinental...
Crude Prices Little Changed as the Dollar Rallies
November WTI crude oil (CLX25) on Tuesday closed up +0.04 (+0.06%), and November RBOB gasoline...
Diesel benchmark falls as talk of oil glut emerges again
Following several days of declining prices in the key futures market, the benchmark diesel price used...
Crude Traders Split on Whether the Glut Has Arrived
Predictions of an oil glut have dominated oil market reporting for months. Bloomberg this week...