Crude oil futures eye $69.11 as OPEC+ prepares to decide on production cuts. Will buyers push through resistance or face ...
Oil futures rose Tuesday morning as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and ...
"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 ...
Opec+ is likely to extend its latest round of output cuts until the end of the first quarter at its Dec 5 meeting ...
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 ...
The USD/CAD pair extends the previous day's late pullback from the vicinity of the 1.4100 mark and continues losing ground ...
Iraq's Basra refinery has suspended operations due to a lack of buyers for its fuel oil, leading to storage tank overflows.
Oil prices nudged higher on Tuesday but remained within a narrow trading range, as traders awaited the outcome of an OPEC+ ...
Oil edged higher ahead of an OPEC+ supply meeting on Thursday, with wider markets buoyed by hopes China’s leadership will ...