News

West Texas Intermediate (WTI) Oil price recovers its daily losses, trading around $62.20 per barrel during Thursday’s Asian hours. However, crude Oil prices face headwinds as investors assess the ...
WTI crude oil has reached the pivotal level following its rebound, while natural gas continues to consolidate around the $3 ...
An international summit on the future of energy security opens in London on Thursday amidst major disagreements over the role ...
Oil prices on Wednesday extended recent declines, marking their sharpest drop in two weeks, as markets reacted to the potential for increased supply from OPEC+ and ongoing uncertainty with U.S.-China ...
While U.S. stock markets rallied on news of possible tariff reductions on China, oil prices fell as market sentiment soured ...
Three sources familiar with the matter told Reuters that some OPEC members will suggest the cartel accelerate its oil output increase for a second straight month in June, amid tensions over compliance ...
Oil prices slipped 2% on Wednesday as sources said Opec+ would consider accelerating its oil output increases in June, but losses were curbed following a report that US President Donald Trump may cut ...
Oil traders aren't persuaded by the equity rally, since big problems are brewing within the Organization of the Petroleum Exporting Countries, said Manish Ra ...
US crude oil has fallen more than 22% since peaking in January. Oil extended its losses on Wednesday even as tariff pressures ...
Oil prices slipped 3% on Wednesday as sources said OPEC+ would consider accelerating its oil output increases in June, but ...
Oil futures gave up early gains and settled lower with the market rattled by a report that Kazakhstan is unlikely to compensate for producing above its agreed level within the OPEC+ group. WTI fell 2.
Several OPEC+ members are planning to propose a second consecutive monthly acceleration of oil output hikes in June.