"The likelihood of another OPEC roll of cuts into the first quarter is all but priced in," said John Evans of oil broker PVM. OPEC+ members are holding back 5.86 million barrels per day of output, or ...
While petrol prices are still on track for a small cut in the first week of December, diesel prices look set for a hike.
Finally, Struyven attributed the changes in the oil market to the success of US shale production, which has accounted for 100 ...
While OPEC has postponed production increases originally planned for October and December, the potential for a January supply hike remains. Macquarie noted it “would be surprised to see OPEC announce ...
Iraq's Basra refinery has suspended operations due to a lack of buyers for its fuel oil, leading to storage tank overflows.
Brent crude futures rose 31 cents, or 0.4%, to $72.14 a barrel by 0704 GMT, after dropping 1 cent in the previous session. US West Texas Intermediate crude climbed 26 cents, or 0.4%, to $68.36, follow ...
Investing.com -- Futures are little changed on Tuesday after a mixed close on Wall Street in the previous session. Tesla CEO ...
OPEC+ is considering extending production cuts due to stagnant oil prices that threaten producer budgets, despite doubts ...
Tourmaline Oil stock remains fairly valued. Investors may wait for a 15% price correction for a more attractive entry point ...
Oil rose in early Asian trade. Markets were in a “wait-and-watch mode” ahead of the OPEC+ meeting this week, ANZ Research said.
The benchmark diesel price used for most fuel surcharges rose Monday by the smallest increment used by the Department of ...