US energy agency revises up Brent price forecast for 2025
The US Energy Information Administration (EIA) has revised its 2025 Brent crude oil price forecast upward, citing increased…
Can the Oil Market Absorb OPEC+ Output Hikes?
OPEC+ never fails to surprise speculators and market analysts. This weekend’s meeting to decide August production levels was…
Crude oil prices retreat over 0.3 percent to $69.25 as U.S. tariffs, OPEC+ output weigh
U.S. President Trump informed trade partners that higher tariffs would commence on August 1 Oil prices retreated on…
Oil prices expected to drop below $60 on increasing OPEC+ supply
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year…
Top Indian Refiner Sees Oil Prices Stabilizing in the $65-70 Range
By Charles Kennedy – Jul 07, 2025, 10:00 AM CDT
IndianOil expects crude oil prices to remain…
Crude oil prices fall after OPEC hikes August output more than expected; MCX crude drops nearly 2%
Crude oil prices traded lower on Monday after OPEC announced a higher than expected output hike in August,…
OPEC is pumping more oil, but is it needed and at what price?: Russell
(The opinions expressed here are those of the author, a columnist for Reuters) LAUNCESTON, Australia, July 7 (Reuters)…
Thailand to Offer US More Trade Concessions to Avert 36%
(Bloomberg) — Thailand is making a last-ditch effort to avert a punitive 36% export levy threatened by the…
Europe Can Cope With Ban on Russian Gas, TotalEnergies CEO
(Bloomberg) — Europe will be able to withstand the proposed ban on Russian gas imports by the European…
OPEC+ to ramp up oil output even higher with eye on market share
Saudi Arabia, Russia and six other key members of the OPEC+ alliance on Saturday said they would further…
OPEC+ set to further speed up output hikes, sources say
By Alex Lawler, Maha El Dahan and Dmitry Zhdannikov LONDON (Reuters) -OPEC+ will likely agree to further accelerate…
Saudi Arabia, OPEC+ members move toward output hike at meeting
Saudi Arabia, Russia and six other key members of the OPEC+ alliance will discuss crude oil production on…