Oil prices fell on Wednesday amid a broader selloff in global financial markets that underscored concerns about economic and ...
The oil market is bracing for a significant oversupply due to surging supply, subdued demand, and US sanctions on Russian ...
Oil prices settled lower on Tuesday as weaker manufacturing numbers and a stronger dollar weighed on demand, while the OPEC+ ...
Even if the OPEC+8 group halts its planned production increases during the first quarter of 2026, the revised liquids balance ...
WTI oil shed more than 3% on Monday after a complex OPEC+ decision on Sunday left the door open for voluntary cuts to be gradually unwound. Monitor this crucial chart range.
Diamondback Energy chief notes ‘hotly contested debate’ over oil oversupply as reason for continued activity caution ...
There are currently serious fears about a glut in the oil markets – too much oil. And an abundance of oil has the effect of ...
Crude oil futures squeezed out small gains after OPEC+ agreed to unwind a further 137,000 bbl/day of production cuts in December, as expected, before pausing its increases in Q1 2026.
Members of the Organization of Petroleum Exporting Countries and their allies decided over the weekend to boost oil output by ...
Since April, OPEC+ has increased production by more than 2.5 million barrels per day, causing crude prices to toe and even fall below the $60 barrel line.
Crude futures made small gains after OPEC+ said it will return another 137,000 barrels a day of curtailed production in December, but will pause output increases in the first quarter of 2026.
Petroleum futures were near midday Monday after OPEC and allied producers announced over the weekend they will increase production by 137,000 b/d in December, a move that had been expected in the ...