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OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Oil Futures Rebound From OPEC-Induced Selloff
Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
Oil sinks 4% after OPEC output increase
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
ING revises oil price forecast downward due to higher OPEC output
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
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Iraq’s Oil Exports to India Topped $29 Billion in 2024
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
Exclusive: OPEC+ to further speed up oil output hikes, sources say
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
Oil prices sink as OPEC+ hikes output, U.S. stock futures dip ahead of Fed meeting
Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...