The Organization of the Petroleum Exporting Countries and its allies in OPEC+ are likely to extend their latest round of oil ...
At present, US rigs pump more than 13.5 million barrels a day, compared with less than 9 million in OPEC+ de facto leader ...
Oil steadied after a decline, with traders looking ahead to an OPEC+ meeting on Thursday that’s expected to see the cartel ...
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
Oil futures fell nearly 2% on Wednesday as investors awaited an imminent Opec+ decision on production cuts, while a larger-than-expected draw in US crude stockpiles last week lent some support to ...
Shares of energy companies fell sharply amid nerves ahead of a decision from the OPEC+ cartel. Saudi Arabia has a plan to keep prices elevated, but the cartel's increasingly fractious members are ...
Crude oil futures finished lower Wednesday as uncertainty over the coming OPEC+ decision on production levels outweighed support from weekly U.S. data showing a larger than expected drop in crude ...
A single bank sold a large volume of U.S. oil futures contracts in early afternoon trading on Wednesday, a person with direct ...
Oil futures fell nearly 2% on Wednesday as investors awaited an imminent OPEC+ decision on production cuts, while a ...
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on ...
WTI oil is losing ground as traders prepare for OPEC+ decision, which will be released tomorrow. The nearest support level ...
Earlier Wednesday, EIA reported mixed petroleum supply and demand data for the week ended Friday, including a 5.1 million bbl drop in U.S. commercial crude oil stocks. However, distillate stocks ...