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Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
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 ...
Crude oil futures climbed more than $1.60 a barrel on Tuesday, lifted by a temporary cut in U.S.-China tariffs and 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 ...
OPEC+ hike in production and Goldman's oil price forecast decrease led to a selloff in US energy stocks. Brent and WTI may ...
Oil edged lower in the early morning Asian session amid supply concerns ahead of OPEC+ meeting on Monday.
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