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 futures give back much of yesterday's gains as the market awaits an OPEC+ decision Thursday on output levels. The group is expected to extend cuts at least until February and possibly the end of ...
U.S. oil futures finished lower Wednesday, as pressure from uncertainty a day ahead of a decision by major oil producers on ...
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 ...
Global stocks mostly rose Tuesday, with US and German indices posting records, as markets weighed Chinese stimulus hopes, ...
Despite strengthening business ties, Donald Trump and Saudi Crown Prince Mohammed bin Salman face conflicts over Iran, ...
Will the energy cartel choose to feel the pain of lower prices now or postpone the unwinding of production cuts yet again in ...
Stock markets struggled for direction Tuesday as investors weighed Chinese stimulus hopes, political tensions in France and ...
Oil futures rose Tuesday as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies that may result in a further delay to the partial unwinding of production ...
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the ...