News

Trump’s tariff and energy policies threaten US oil value as OPEC increases supply
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
Oil gains as wildfires threaten Canada supply, Trump tariffs weigh on US dollar
Oil prices rose by more than $2 on Monday, despite producer group OPEC+ sticking with output hike plans, as wildfires in ...
Oil Advances as OPEC+ Supply Boost Vies With Geopolitical Risk
Oil surged after OPEC+ increased production less than some had feared and geopolitical concerns flared in Ukraine and ...
The Economist1d
Will the UAE break OPEC?
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Texas Standard2h
OPEC+ production hikes could shake up oil prices
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...
Higher OPEC+ Supply And Geopolitics Dominate Oil Market
OPEC+ agreed to another large supply hike over the weekend, increasing it by 411k b/d effective July. Rising tensions between ...
Oil Prices Up Following OPEC+ Decision
Oil prices rose by more than one dollar per barrel on Monday, supported by the decision of the OPEC+ group to increase ...
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Hedge Funds Rush Into Oil Short Bets as OPEC Supply Risk Looms
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
Odessa American4d
OPEC-Plus spurs uncertainty with production increases
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
BBN Times1d
OPEC+ to Boost Oil Production by 411,000 Barrels Per Day in July, Signaling Shift in Global Energy Markets
OPEC+, the influential alliance of oil-producing nations led by Saudi Arabia and Russia, has confirmed plans to increase oil ...