The Latest Breaking News from OPEC

Oil Prices Hold Modest Gains — '$30s Pump Drop Still Possible', Experts Say

Oil trades near four-year lows as JP Morgan warns Brent could fall into the $30s by 2027, potentially slashing pump prices by up to 40% amid a historic supply glut.

International Business Times UK · Dec 4, 2025

Crude Oil Prices Gain on Dollar Weakness and Geopolitical Risks

January WTI crude oil (CLF26 ) on Wednesday closed up +0.31 (+0.53%), and January RBOB gasoline (RBF26 ) closed down -0.00031 (-0.17%). Crude oil and gasoline prices settled mixed on Wednesday. Dollar weakness was supportive for energy prices on Wednesday after the dollar index (DXY00 ) tumbled to a 5-week...

Barchart · Dec 3, 2025

Crude Rises on Dollar Weakness and Geopolitical Risks

January WTI crude oil (CLF26) today is up +0.76 (+1.30%), and January RBOB gasoline (RBF26) is up +0.00054 (+0.30%). Crude oil and gasoline prices are moving higher today due to the decline in the dollar index (DXY00) to a 5-week low. Also, US-Russian talks failed to reach a breakthrough in...

Barchart · Dec 3, 2025

FTSE 100 Live 01 December: Bitcoin and defence stocks fall, Virgin Media fined

Bitcoin is under pressure during a risk averse session for global markets.

Evening Standard · Dec 1, 2025

Venezuela accuses the US of wanting to 'take over its oil resources' as Maduro seeks OPEC+ help

Venezuela asked OPEC+ for support after accusing the United States of "direct aggression" that, according to Caracas, seeks to destabilise its oil production and jeopardise the stability of the world market.

Euronews · Dec 1, 2025

Crude Prices Erase Early Gains on Optimism for a Ukrainian Peace Deal

January WTI crude oil (CLF26 ) on Friday closed down -0.10 (-0.17%), and January RBOB gasoline (RBF26 ) closed down -0.0058 (-0.32%). Crude oil and gasoline prices fell from 1-week highs on Friday and settled lower. Crude prices came under pressure on Friday in hopes of an end to the...

Barchart · Nov 28, 2025

Crude Prices Push Higher on Dollar Weakness and Russian-Ukrainian Peace Uncertainty

January WTI crude oil (CLF26 ) today is up +0.62 (+1.06%), and January RBOB gasoline (RBF26 ) closed up +0.0316 (+1.73%). Crude oil and gasoline prices rallied to 1-week highs today as the decline in the dollar index (DXY00 ) to a 1.5-week low is bullish for energy prices. Also,...

Barchart · Nov 28, 2025

Oil Prices Could Drop to $30s, US Gas May Fall to $0.60/L as Ukraine-Russia Talks Loom

Oil prices hit four-year lows amid Ukraine-Russia peace talks. JP Morgan predicts Brent could plunge to $30s per barrel by 2027, potentially pushing US petrol below £0.80/L.

International Business Times UK · Nov 27, 2025

Crude Prices Settle Higher on Dampened Optimism for a Russian-Ukrainian Peace Deal

January WTI crude oil (CLF26 ) on Wednesday closed up +0.70 (+1.21%), and January RBOB gasoline (RBF26 ) closed up +0.0251 (+1.39%). Crude oil and gasoline prices are settled higher on Wednesday. Dollar weakness on Wednesday boosted crude prices. Also, doubts about a deal to end the Russian-Ukrainian war sparked...

Barchart · Nov 26, 2025

Crude Prices Gain on Doubts About a Russian-Ukrainian Peace Deal

January WTI crude oil (CLF26 ) today is up +0.08 (+0.14%), and January RBOB gasoline (RBF26 ) is up +0.0110 (+0.61%). Crude oil and gasoline prices are slightly higher today. Dollar weakness today is boosting crude prices. Also, doubts about a deal to end the Russian-Ukrainian war have sparked some...

Barchart · Nov 26, 2025