Analysts Say China’s Stockbuilding, OPEC+ Stability Providing Market Floor
Oil prices edged higher over the past week, after a bullish OPEC+ move while expanding strategic oil stocks…
US markets today: S&P 500 and Dow hold near all-time highs; crude oil slips on Gaza ceasefire
US stocks drifted close to record levels on Friday, while oil prices fell sharply following a ceasefire in…
October 9 Oil Wrap: WTI And Brent Slip As Geopolitical Tensions Ease, Supply Outlook Weighs
AFP Crude oil prices retreated Thursday as easing geopolitical tensions reduced risk premiums and traders shifted focus to…
Crude oil prices retreat to $65.10 as geopolitical premium fades with easing Mideast tensions
Oil prices declined on Friday after sliding more than 1 percent in the previous session, as the market’s…
Oil prices fall slightly as risk premium fades after Gaza deal
(Reuters) -Oil prices declined slightly on Friday after settling 1.6% lower in the previous session as the market’s…
Oil little changed as investors weigh Gaza ceasefire, stalled Ukraine talks
By Stephanie Kelly LONDON (Reuters) -Oil prices were little changed on Thursday as investors weighed a ceasefire deal…
ExxonMobil makes massive bet amid shakeup
ExxonMobil—the second largest oil and gas company by market cap and fourth largest by revenue—is engaged in a…
Crude Oil Futures Rise on Supply Data and OPEC+ Outlook
Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at…
Crude oil prices surge to $65.96 as OPEC+ signals cautious production increase, global supply concerns fade
OPEC+ approved a modest production increase to maintain market stability and prevent oversupply Oil prices have risen recently…
Oil Majors Brace for Dividend Drought as Sub-$70 Crude Bites
Sub-$70 oil is squeezing margins, forcing Exxon, Chevron, and BP to rethink $100 billion in annual returns. Dividends…
Oil price fall turns up the heat on Big Oil’s bloated payouts
By America Hernandez and Stephanie Kelly PARIS/LONDON -The five biggest global oil majors are moving to cut costs,…
Cautious OPEC+ output hike continues to support oil prices
Oil prices continued to gain support on Tuesday from the cautious production increase announced by eight members of…