News

Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
Oil prices fall as OPEC+ ramps up production; U.S. stock futures decline as tariffs to go into effect Aug. 1
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners ...
Exxon signals lower oil, gas prices could hit second-quarter profit
Exxon Mobil signaled on Monday that lower oil and gas prices could cut its second-quarter earnings by about $1.5 billion from ...
Exxon Mobil warns lower oil, gas prices could cut profit by over $1B
Benchmark Brent crude prices averaged $66.71 per barrel during the April to June quarter, an 11% decline from the previous ...
Why oil prices are 'surprisingly stable' despite OPEC+ August output hike and coming end to tariff reprieve
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
OilPrice.com11h
Top Indian Refiner Sees Oil Prices Stabilizing in the $65-70 Range
Indian Oil forecasts stable international oil prices around $65–$70 per barrel, sees limited Russian crude advantage, and ...
Oil prices steady on solid job market, tariff uncertainty
Oil prices were little changed on Friday as a solid job market bolstered the case for the U.S. Federal Reserve keeping ...
Bloomberg on MSN22h
Oil Prices Now Aligning More With Fundamentals, Lombard Odier's Woods Says
Oil prices declined after OPEC+ agreed to a bigger-than-expected production increase next month. Lombard Odier Asia CIO John ...
Oil prices could rebound slightly this year, Deloitte forecasts, but risks loom
After several months of volatility in the market, a new forecast is predicting slightly stronger oil prices for the rest of ...