Crude oil surges as Iran tensions escalate, raising risks to the Strait of Hormuz and fueling bullish oil outlook, supply fears, and trader speculation.
Oil prices in 2025 were expected to remain in the seventies range but fell below expectations. OPEC's decision to unwind ...
The US has strengthened its military presence across the Middle East to increase pressure on Iran, while Iran continues to ...
March WTI crude oil (CLH26 ) today is down -0.62 (-0.99%), and March RBOB gasoline (RBH26 ) is down -0.0027 (-0.14%). Crude oil and gasoline prices gave up an early advance today and turned lower, ...
The Organisation of Petroleum Exporting Countries (OPEC) is leaning towards a resumption in oil output increases from April, ...
OPEC+ is leaning towards resuming its monthly oil production increases from April, Reuters reported, after having paused increases for Q1.
Oil demand is projected to rise by 1.34 million barrels a day next year supported by easing inflation, fiscal measures and improving global trade.
MOSCOW/LONDON, Feb 1 (Reuters) - OPEC+ agreed to keep its oil output unchanged for March at a meeting, the producer group said on Sunday, even after crude prices hit six-month highs on concern the U.S ...
Carole Nakhle, CEO of Crystol Energy, weighs in on the steep plunge in oil prices on Monday, and how a de-escalation in US-Iran, potential supply from Venezuela, and the OPEC producer block's decision ...
(Corrects story link in paragraph 4) By Alex Lawler LONDON, Feb 9 (Reuters) - OPEC's oil output fell in January due to lower ...