The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...

Overall OPEC crude-oil production rose by 183,000 barrels a day to 27.02 million barrels a day last month, driven by Saudi Arabia.

On Wednesday, OPEC+ nations said they agreed to "reaffirm the level of overall crude oil production for OPEC and non-OPEC Participating Countries" as agreed during the alliance's December meeting.

Oil Prices Have Trended Lower In the SEB report, Hvalbye noted that, “following the rebound on Wednesday last week, when Brent reached an intra-week high of $66.6 per barrel, crude oil prices ...

Falling crude prices will eventually translate into lower prices at the gas pump for consumers, but that doesn’t mean it’s all good news ― especially for Texas-based oil producers. On Monday ...

U.S. benchmark crude oil fell as much as 4% overnight before moderating. U.S. crude oil prices fell 2.2% to $57.05 per barrel. Many producers can no longer turn a profit once oil falls below $60.

U.S. crude oil futures fell more than 2% on Monday, after OPEC+ agreed to surge production for a second month. U.S. crude was down $1.55, or 2.66%, at $56.74 a barrel by 10:26 a.m. ET. Global ...

U.S. crude oil prices held steady Monday after OPEC cuts its demand growth forecast for this year on President Donald Trump's tariffs. U.S. crude oil rose 3 cents to close at $61.53 per barrel ...

OPEC on Monday cut its oil demand growth forecast for 2025 and 2026 as President Donald Trump's tariffs weigh on global economic growth. The cartel now sees demand for crude growing by 1.3 million ...

OPEC sees President Donald Trump's tariffs weighing on crude oil demand and global economic growth. Key members of OPEC+ will accelerate oil production even as demand and economic growth soften.

Oil prices tumbled after OPEC+ agreed to increase crude production for the first time since October 2022. The oil producers’ group, which is led by Saudi Arabia and Russia, said on Monday it had ...

In the chart that follows is my estimate and forecast for US tight oil output, for 2024 I have tight oil output at 9.3 Mb/d, about 500 kb/d higher than the OPEC estimate, for 2025 I have 9.5 Mb/d ...