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U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Oil prices rose on market optimism as the U.S. and China agreed to suspend most mutual tariffs pending further talks.
This marks the group’s third consecutive monthly hike, escalating concerns of a potential price war in the global oil market.
Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and a ...
A bold Saudi-led move to reorder the global oil market with an aggressive ramp-up of OPEC+ supply is forcing Wall Street ...
Investors with weighting in the Canadian oil sector will be watching nervously as OPEC’s latest production increase promise ...
B of A Securities analyst maintains Buy rating on Chevron Corp. despite mixed Q1 earnings. Reiterates attractive investment ...
Sweeping tariffs have raised concerns that trade barriers could slow down the global ... Well, first of all, the fears of a ...
Oil prices tumbled to their lowest levels since early 2021 after OPEC+ confirmed plans to raise output again in June, ...
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
Oil prices plunged to a near four-year low on Monday, which pundits expect will continue to push petrol prices lower.
OPEC+ hike in production and Goldman's oil price forecast decrease led to a selloff in US energy stocks. Brent and WTI may ...
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