News

Exxon, Chevron, Shell, BP Stocks Fall. OPEC Oil Plans, Gas Trading Fears Are Biting.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
ABP News on MSN32m
Oil Prices Fall As OPEC+ Surprises Market With Bigger August Output Hike
OPEC+ attributed the production hike to steady global economic conditions and strong market fundamentals, pointing to low ...
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.
OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Trade deadlines and oil drama set the stage for a crunch week in global markets
Another assignment that is much more definitive: the OPEC Seminar. The circus rolls back into Vienna as the oil producers' ...
Ticker: OPEC+ to boost oil production; China bans EU medical devices
Eight members of the OPEC+ alliance of oil exporting countries say they will boost production by 548,000 barrels per day in ...
Oil Gives Back Some Gains With OPEC+ in View
After yesterday’s rally on renewed Middle East geopolitical risk premium, the market was restrained by the widely held view that OPEC+ will agree to bring back another 411,000 barrels a day in August.
‘Electricity is the new oil’: Expert anticipates oil prices to stay below US$70
Amid ongoing tensions in the Middle East between Israel and Iran, a commodities expert says he expects oil prices to remain ...