OPEC+ Bets on Summer Demand as Q4 Glut Looms
The OPEC+ group was likely betting on robust demand during the peak summer driving season when it decided…
JP Morgan: Oil Could Hit $130—But We’re Still Calling $60
By Julianne Geiger – Jun 12, 2025, 11:00 AM CDT
JP Morgan is sticking to its base-case…
U.S. Energy Secretary Pushes Back on the EIA’s Oil Decline Narrative
By Irina Slav – Jun 12, 2025, 3:19 AM CDT
Energy Secretary Chris Wright disagrees with…
BofA: The Saudis Are Readying for a Long Oil Price War
Saudi Arabia is getting ready to engage in a protracted oil price war with its rivals, Bank of…
Crude Oil Price Drop Sta
A new crude-for-loan deal between the Federal Government and Saudi Arabian oil company Aramco, worth $5bn, has stalled…
EIA Calls Peak Shale as Drilling Activity Declines
Peak shale may already be behind us. U.S. crude oil production is now forecast to slip from a…
Crude oil prices climb above $67.2 as U.S.-China trade talks show promise
U.S. President Trump reported positive updates from London, enhancing hopes for a trade deal Oil prices increased on…
Oil inches up, outcome of US-China trade talks awaited
By Anjana Anil (Reuters) -Oil prices edged up on Tuesday as market participants waited for the outcome of…
Iraq’s Economy on Edge Due to High Oil Income Dependence
Iraq is on the brink of an economic breakdown as OPEC’s second-largest producer continues to rely mostly on…
Oil prices hold gains ahead of US-China trade talks
By Colleen Howe BEIJING (Reuters) – Oil prices held on to last week’s gains early on Monday as…
US-China Trade Talks Lift Oil Prices
ICE Brent is poised to close the week above $66 as trade optimism lifts sentiment, while stubborn geopolitical…
HSBC Sees OPEC+ Output Hikes Weighing on Oil Prices in Late 2025
HSBC’s forecast that Brent Crude prices would remain around $65 per barrel later this year could be too…