The Latest Breaking News from OPEC

Crude Oil Slides To Five-Month Lows Amid Supply Concerns And Weak Demand

The International Energy Agency (IEA) has cautioned that the oil market could face a surplus of up to 4 million barrels per day in 2026, driven by rising production from both OPEC+ and non-OPEC countries, even as demand growth remains sluggish.

International Business Times · Oct 15, 2025

Crude Prices Slip on the Outlook for Ample Global Supplies

November WTI crude oil (CLX25 ) on Wednesday closed down -0.43 (-0.73%), and November RBOB gasoline (RBX25 ) closed up +0.0058 (+0.32%). Crude oil and gasoline prices settled mixed on Wednesday. Crude remains under pressure on concerns over a global supply glut after the IEA on Tuesday forecast a record...

Barchart · Oct 15, 2025

Crude Prices Undercut by Concerns of a Global Supply Glut

November WTI crude oil (CLX25 ) today is down -0.33 (-0.56%), and November RBOB gasoline (RBX25 ) is up +0.0035 (+0.19%). Crude oil and gasoline prices are mixed today. Crude remains under pressure on concerns over a global supply glut after the IEA on Tuesday forecast a record global oil...

Barchart · Oct 15, 2025

Oil Prices Slide As US Tariff Threats And Inventory Build Fuel Supply Concerns

West Texas Intermediate (WTI) fell 4.24% to $58.90 per barrel, while Brent crude dropped 3.82% to $62.73, marking their lowest levels in nearly three months.

International Business Times · Oct 10, 2025

Crude Prices Plunge as US-China Trade Tensions Escalate

November WTI crude oil (CLX25 ) on Friday closed down -2.61 (-4.24%), and November RBOB gasoline (RBX25 ) closed down -0.0622 (-3.30%). Crude oil and gasoline prices sold off sharply on Friday, with crude falling to a 5-month nearest-futures low and gasoline sinking to a 4.5-year low. Crude prices plunged...

Barchart · Oct 10, 2025

Crude Prices Sink on Easing Middle East Tensions and China Trade Jitters

November WTI crude oil (CLX25 ) today is down -2.33 (-3.79%), and November RBOB gasoline (RBX25 ) is down -0.058 (-3.09%). Crude oil and gasoline prices are sharply lower today, with crude falling to a 5-month nearest-futures low and gasoline sinking to a 4.5-year low. Crude prices are under pressure...

Barchart · Oct 10, 2025

October 9 Oil Wrap: WTI And Brent Slip As Geopolitical Tensions Ease, Supply Outlook Weighs

The day's movement reflected a market recalibrating from short-term geopolitical fears toward more structural supply-demand pressures.

International Business Times · Oct 9, 2025

Crude Prices Fall as the Dollar Rallies and Middle East Tensions Ease

November WTI crude oil (CLX25 ) on Thursday closed down -1.04 (-1.66%), and November RBOB gasoline (RBX25 ) closed down -0.0269 (-1.41%). Crude oil and gasoline prices retreated on Thursday due to a rally in the dollar index (DXY00 ) to a 2.25-month high. Also, cooling tensions in the Middle...

Barchart · Oct 9, 2025

Crude Prices Slip on Dollar Strength and Easing Middle East Tensions

November WTI crude oil (CLX25 ) today is down -0.17 (-0.27%), and November RBOB gasoline (RBX25 ) is down -0.0034 (-0.18%). Crude oil and gasoline prices are moving slightly lower due to today’s rally in the dollar index (DXY00 ) to a 1.75-month high. Also, cooling tensions in the Middle...

Barchart · Oct 9, 2025

Crude Oil Prices Rally on Energy Demand Optimism

November WTI crude oil (CLX25 ) on Wednesday closed up +0.82 (+1.33%), and November RBOB gasoline (RBX25 ) closed up +0.0156 (+0.82%). Crude oil and gasoline prices on Wednesday settled higher. Wednesday's rally in the S&P 500 to a new record high demonstrated confidence in the economic outlook, which was...

Barchart · Oct 8, 2025