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Dollar on defensive as markets hope for best on Middle EastThe dollar weakened as hopes for an Iran-U.S. de-escalation boosted oil-exposed currencies, while Japan's verbal intervention kept speculat...
Oil prices jump 7% to top $102/ bbl ahead of US blockade on IranOil prices jumped back above $100 a barrel on Monday as the U.S. Navy prepared to block ships to and from Iran via the Strait of Hormuz in ...
OPEC+ debates oil output boost as US war on Iran disrupts shipmentsOPEC+ is considering a significant oil output increase of over 411,000 barrels per day on Sunday, a larger hike than initially expected, du...
Oil falls on easing Russia supply concerns after Trump-Putin meetOil prices experienced a slight dip on Monday following the U.S. decision to hold off on further measures against Russia regarding the Ukra...
Oil prices today: Oil rates tank following Donald Trump-Vladimir Putin meeting in Alaska. What will happen next?China, the world's biggest oil importer is the largest Russian oil buyer followed by India.
Oil tumbles as OPEC+ hikes August output more than expectedOil prices experienced a dip of over 1% on Monday following OPEC+'s unexpected decision to increase output more than anticipated in August,...
OPEC+ set to make another accelerated oil output hike for June, sources sayOPEC+ countries are likely to agree on a further accelerated oil output hike for June, following a similar increase in May. This decision c...
Oil gains over 2% after OPEC+ delays output hike, US election in focusU.S. Democratic candidate Kamala Harris and Republican Donald Trump remain virtually tied in opinion polls ahead of Tuesday's Election Day,...
OPEC+ agrees to delay October oil output hike for two months, say sourcesOPEC+ has agreed to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months, three ...
OPEC+ agrees to delay October oil output hike for two monthsOPEC+ has decided to delay a planned oil output increase for October and November after crude prices hit their lowest in nine months. The g...
Why OPEC+ members find it hard to agree oil production quotasThe June changes allowed the United Arab Emirates to add 200,000 barrels per day (bpd) to a new target of 3.219 million bpd for 2024. The c...
Oil retreats on caution ahead of OPEC+ meetingGLOBAL-Oil retreats on caution ahead of OPEC+ meeting
Oil set for third weekly decline as demand worries weighBrent crude futures for January were up 99 cents, or 1.2%, at $81 a barrel at 1451 GMT, while U.S. West Texas Intermediate (WTI) crude futu...
Oil nudges up, set for biggest weekly loss since March on possible Iran suppliesBrent crude futures for July rose 10 cents, or 0.2%, to $65.21 a barrel by 0032 GMT while U.S. West Texas Intermediate for July was at $62....
Oil prices slip after OPEC warns of downside risks to demand in first-half 2021Brent crude for March was at $51.76 a barrel, down 4 cents or 0.08%, by 0038 GMT while U.S. West Texas Intermediate crude for February fell...
Oil prices inch down as OPEC and allies seek consensus on outputBrent crude was down 19 cents at $47.69 a barrel by 1430 GMT and West Texas Intermediate was down 36 cents at $44.98.
Oil ticks up as OPEC, allies delay output deal meetingBrent crude was up 31 cents at $48.19 a barrel by 0847 GMT. West Texas Intermediate was up 28 cents at $45.62.
Oil climbs over 2% after OPEC+ extends output cuts to end-JulyBrent has nearly doubled since the start of April, propped up by an unprecedented production cut of 9.7 million barrels per day by the Orga...
OPEC’s flaring political crises add new risk for oil suppliesIraq has violently cracked down on demonstrations against corruption in recent weeks.
Saudi Arabia's war in Yemen could change OPEC's entire strategyThe Crown Prince and the Foreign Minister were recently replaced, and the king's son, Mohammad Bin Salman, has seen a "striking rise".