Oil prices settled marginally lower on Monday as OPEC's plans to increase oil output once again outweighed hopes of a trade ...
The more-active Nymex December ULSD contract was off by 0.9ct to $2.40/gal and the November contract, which expires at the end of Friday trading, was 3.4cts lower at $2.421/gal. The December RBOB ...
Exxon Mobil’s third-quarter earnings beat Wall Street’s expectations, bolstered by strong Guyana and Permian Basin production ...
Oil futures posted their third straight monthly loss with underlying concerns about oversupply keeping a lid on geopolitcally driven rallies.
Crude oil futures ended little changed, as traders continue to assess the eventual impact of US sanctions on Russian oil that ...
Oil and natural gas markets remain in consolidation as traders await key triggers from the Fed and OPEC, while the US Dollar ...
OPEC is ready to raise production by rolling back its oil output cuts further if required to address market shortfalls after ...
Opec+ has raised output targets by more than 2.7 million barrels per day – about 2.5 per cent of global supply – since April but slowed the pace in October and November to 137,000 bpd from larger ...
OPEC 12 output for July 2025 was revised higher by 25 kb/d and August 2025 output was revised lower by 32 kb/d compared to ...
Saudi Arabia is caught between Donald Trump and a hard place, as the U.S. president’s latest oil sanctions on Russia force ...
Discover how OPEC, the global oil cartel, influences oil prices and production in 2024. Learn about its member nations, history, challenges, and current strategies.