News

OPEC+ is pumping more oil, but is it needed and at what price?
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Exxon, Chevron, Shell, BP Stocks Fall. OPEC Oil Plans, Gas Trading Fears Are Biting.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Oil Prices Set to Be Less Affected by Geopolitical Tensions
Oil prices were likely to be less affected by geopolitical tensions going forward, HSBC said, adding that it expected any future flare-ups in the Middle East region to have diminishing impacts on oil ...
Oil prices edge up to two-week high on lower US output forecast, positive US economic news
Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand ...
Cyprus Mail on MSN1d
Oil rises as tight market outweighs OPEC+ supply hike and tariff risk
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the potential impact of US tariffs, with prices rising as a tight physical market ...
Oil Prices Could Face More Pressure in 2H
Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.
Stocktwits on MSN1d
Oil Prices Pull Back After OPEC+ Supply Boost Shocks Markets, Focus Shifts To Trade Deals
Oil prices receded in early trading on Monday after the OPEC+ producer group agreed to a bigger-than-expected supply boost ...