News

By John Lee. The eight OPEC+ countries, including Iraq, have agreed to the continuing of their phased rollback of 2.2 million ...
The OPEC+ oil cartel is trying to take back control of the market with a strategy that might be self-destructive. It also ...
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.65 during the early Asian trading hours on ...
Hyperion, Antipodes and Plato share their biggest stock calls and global market outlooks at the recent Pinnacle Summit.
Over the weekend, OPEC finalized the return of 2.2 million barrels per day (bpd) to the global market, although delegates ...
Good afternoon and happy Monday, readers! Congress is out of session for the remainder of the month, but before leaving for ...
Spot charter rates secured — To date in Q3 2025, Suezmax spot rates are at $31,400 per day and Aframax/LR2 rates are at ...
Wood Mackenzie’s Simon Flowers breaks down oil market volatility, OPEC’s strategy, energy transition hurdles, and how AI, EVs ...
Oil prices (CL=F, BZ=F) are under pressure on Monday after US President Trump threatened to raise tariffs on India due to its ...
California's notoriously high gas prices are cheaper than usual, but you wouldn't know it by watching politicians criticize each other about pain at the pump. Democratic Gov. Gavin Newsom has sparred ...
A group of countries that are part of the OPEC+ alliance of oil-exporting countries has agreed to boost oil production, a ...
Major Wall Street banks have modestly lifted their oil-price forecasts for this year and next, but lingering uncertainty over U.S. tariffs and rising OPEC+ output continue to cloud the outlook. Shell ...