The Latest Breaking News from OPEC

European markets rise, oil prices jump on OPEC+ decision

Key European stock indexes started the week with gains, boosted by the oil sector and expectations for a range of corporate earnings this week.

Euronews · Nov 3, 2025

Abu Dhabi hosts oil summit as OPEC+ halts production hikes planned for first quarter of 2026

Abu Dhabi has opened a major oil summit with optimism about rising energy prices

The Independent UK · Nov 3, 2025

UK factories return to growth after JLR restarts operations; US manufacturing exports hit by tariffs – as it happened

Rolling coverage of the latest economic and financial news, as Opec+ pauses oil output hikes beyond December amid fears of a crude glut

The Guardian - UK · Nov 3, 2025

Crude Prices Push Higher as Global Growth Prospects Improve

December WTI crude oil (CLZ25) today is up +0.11 (+0.18%), and December RBOB gasoline (RBZ25) is up +0.0008 (+0.04%). Crude oil and gasoline prices are slightly higher today. An easing of US-China trade tensions is supportive for economic growth prospects and energy demand after President Trump and President Xi Jinping...

Barchart · Oct 30, 2025

Crude Prices Supported by Sanctions on Russian Energy and Falling EIA Inventories

December WTI crude oil (CLZ25 ) on Wednesday closed up +0.33 (+0.55%), and December RBOB gasoline (RBZ25 ) closed up +0.0273 (+1.47%). Crude oil prices settled higher on Wednesday amid an outlook for tighter global oil supplies. Crude prices rose on expectations that President Trump will follow through and enforce...

Barchart · Oct 29, 2025

Crude Oil Pushes Higher on Tighter Russian Supplies and a Decline in EIA Inventories

December WTI crude oil (CLZ25 ) today is up +0.681 (+1.13%), and December RBOB gasoline (RBZ25 ) is up +0.0311 (+1.67%). Crude oil prices are moving higher today on the outlook for smaller global oil supplies, due to expectations that President Trump will follow through and enforce new oil sanctions...

Barchart · Oct 29, 2025

Crude Oil Sees Support from Preliminary US-China Trade Deal

December WTI crude oil (CLZ25 ) is up +0.23 (+0.37%), and December RBOB gasoline (RBZ25 ) is up +0.0058 (+0.31%). Crude oil prices are trading higher today on economic optimism after news of a preliminary US-China trade agreement. Also, crude oil prices saw support after Ukrainian President Zelensky said Ukraine...

Barchart · Oct 27, 2025

Crude Oil Falls Back After Thursday's Rally on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) on Friday closed down -0.29 (-0.47%), and December RBOB gasoline (RBZ25 ) closed down -0.0043 (-0.23%). Crude oil and gasoline prices on Friday ran into some pre-weekend long liquidation pressure after the sharp gains seen on Wednesday and Thursday. Crude oil prices rallied after...

Barchart · Oct 24, 2025

Crude Continues Higher on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) today is up +0.51 (+0.83%), and December RBOB gasoline (RBZ25 ) is up +0.0141 (+0.75%). Crude oil and gasoline prices today extended Thursday's sharp gains that occurred after the US and EU ramped up sanctions on Russian energy and energy infrastructure, raising the prospect...

Barchart · Oct 24, 2025

Crude Prices Soar on US and EU Sanctions on Russian Energy

December WTI crude oil (CLZ25 ) on Thursday closed up +3.29 (+5.62%), and December RBOB gasoline (RBZ25 ) closed up +0.0636 (+3.52%). Crude oil and gasoline prices rallied sharply on Thursday for a second day, with crude posting a 2-week high and gasoline posting a 3-week high. Crude prices surged...

Barchart · Oct 23, 2025