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Markets should prepare for a sharp downturn in the oil price, analysts with a satellite oil-tracking firm write in a guest ...
Demand concerns induced by tariff uncertainty have only been compounded by a shift in OPEC+ policy. Click to read.
The NYMEX June RBOB was up by 6.05cts to $2.088/gal and the July RBOB contract was 5.6cts higher at $2.0575/gal. The NYMEX June ULSD was 5.95cts higher at $2.0360/gal and July ULSD was up by 5.2cts to ...
Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...
Oil futures headed higher on Thursday, supported by potential progress on international trade agreements. U.S. Treasury Secretary Scott Bessent plans to meet with China’s top economic official in ...
It is very easy to fall for the temptation of layering various types of conspiracy theories together as explanations of ...
LONDON -Oil prices rose over 1% on Thursday, buoyed by hopes of a breakthrough in looming trade talks between the United States and China, the world's two largest oil consumers. Brent crude futures ...
Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...
OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Turbulence has returned to the oil market this year. Oil prices have tumbled more than 15%, weighed down by the uncertain ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Global oil markets are facing oversupply and muted demand, creating fresh volatility and concern among traders. With ...