Crude oil futures fell as ceasefire boosts Middle East peace prospects. OPEC+ postpones meeting, faces production dilemma.
Oil futures fell Friday, booking weekly and monthly losses after a cease-fire this week between Israel and Iran-backed ...
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh ...
Oil prices edged lower on Friday and posted a weekly decline of more than 3%, pressured by easing concern over supply risks ...
Oil prices could stall in 2025 as economic weakness in China clouds the demand picture and ample global supplies outweigh support from an expected delay to a planned OPEC+ output hike, a Reuters ...
OPEC+ is discussing postponing its oil output hike due to start in January for the first quarter of 2025, OPEC+ sources told ...
(Bloomberg) -- Oil drifted lower in thin post-holiday trading on uncertainty about OPEC ’s production plans and the durability of a truce between Israel and Lebanon-based Hezbollah. Brent shed 1.3% to ...
Oil was steady as traders watched for any further clues to OPEC ’s production plans after it delayed a key virtual meeting by four days.
Despite the trust investors exhibited in the ceasefire that took effect Wednesday, accusations of violations by Israel and Hezbollah have arisen since then, and on Friday Lebanon media reported that ...
Oil prices pared gains to trade in the red after Israel and Hezbollah traded accusations of ceasefire violations.
Oil futures bounced Friday morning but remained on track for hefty weekly losses, feeling pressure after a cease-fire this week between Israel and Iran-backed Hezbollah helped soothe remaining worries ...
On the other side, traders need to look towards $67.12 – a level that held the price in May and June 2023 – to find the first support. In case that breaks, the 2024 year-to-date low emerges at $64.75, ...