Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

The Latest Breaking News from OPEC

Crude Settles Higher on Tighter US Supplies and Global Energy Demand Optimism

December WTI crude oil (CLZ24 ) Thursday closed up +0.65 (+0.95%), and December RBOB gasoline (RBZ24 ) closed up +0.0148 (+0.76%). Crude oil and gasoline prices Thursday settled moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...

Barchart · Oct 31, 2024

Crude Climbs on Tighter US Supplies and Global Energy Demand Optimism

December WTI crude oil (CLZ24 ) today is up +1.07 (+1.56%), and December RBOB gasoline (RBZ24 ) is up +0.0245 (+1.25%). Crude oil and gasoline prices today are moderately higher. Crude is supported by positive carryover from Wednesday after weekly EIA crude and gasoline inventories unexpectedly declined. Crude is also...

Barchart · Oct 31, 2024

Crude Rallies on Middle East Tensions and Tighter EIA Inventories

December WTI crude oil (CLZ24 ) Wednesday closed up +1.40 (+2.08%), and December RBOB gasoline (RBZ24 ) closed up +0.0411 (+2.14%). Dec crude oil prices Wednesday rallied on a weaker dollar. Also, lingering Middle East tensions are bullish for crude after Israel vowed to strike Iran "very hard" should it...

Barchart · Oct 30, 2024

From analysis to the latest developments in health,
read the most diverse news in one place.

Crude Oil Jumps on Middle East Tensions and an Unexpected Draw in EIA Inventories

December WTI crude oil (CLZ24 ) today is up +1.72 (+2.56%), and December RBOB gasoline (RBZ24 ) is up +0.0468 (+2.44%). Dec crude oil prices today are moderately higher. Dollar weakness today is supportive of energy prices. Also, lingering Middle East tensions are supporting crude after Israel vowed to strike...

Barchart · Oct 30, 2024

3 Oil Stocks With High Upside as Global Demand Rebounds

The outlook for oil demand growth appears promising despite economic uncertainties and worldwide supply deficit. Amid this, investing in quality oil stocks Enterprise Products Partners (EPD), Marathon Oil (MRO), and Plains All American Pipeline (PAA) could be ideal as global demand rebounds. Read more.

StockNews.com · Oct 29, 2024

Petrol and food prices will fall thanks to oil glut, says World Bank

Downward trend in oil price from higher production, falling demand in China and clean energy to continue

The Guardian - UK · Oct 29, 2024

Drill, Baby, Drill? Former Big Oil Exec Says That’s Exactly What the Industry Doesn’t Need.

Former ConocoPhillips economist Marianne Kah on the election: Whether it's Harris or Trump, the outcome likely won't affect oil production.

Capital & Main · Oct 28, 2024

Read news from The Economist, FT, and more,
with one subscription

Oil prices fall as reality of weak global demand overtakes risk of wider war in Middle East

Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared

The Independent UK · Oct 28, 2024

Heightened Middle East Tensions Boost Crude Prices

December WTI crude oil (CLZ24 ) Friday closed up +1.59 (+2.27%), and December RBOB gasoline (RBZ24 ) closed up +0.0447 (+2.25%). Crude and gasoline prices settled moderately higher on Friday, with gasoline posting a 1-week high. Ramped-up Middle East tensions are boosting crude prices. Also, stronger-than-expected global economic news Friday...

Barchart · Oct 25, 2024

Crude Oil Pushes Higher on Energy Demand Optimism

December WTI crude oil (CLZ24 ) today is up +0.71 (+1.01%), and December RBOB gasoline (RBZ24 ) is up +0.0243 (+1.22%). Crude and gasoline prices today are moderately higher. Crude is finding support today from a weaker dollar. Also, today's stronger-than-expected global economic news is positive for energy demand and...

Barchart · Oct 25, 2024

Crude Weakens on Ample Supplies and Hopes for Cease-Fire in the Middle East

December WTI crude oil (CLZ24 ) today is down -0.61 (-0.86%), and December RBOB gasoline (RBZ24 ) is down -0.0175 (-0.87%). Crude and gasoline prices today gave up an early advance and turned lower. Crude is under pressure on negative carryover from Wednesday when weekly EIA crude inventories rose more...

Barchart · Oct 24, 2024

3 Undervalued Energy Stocks Ready for a Breakout

With rising oil prices and a positive outlook from key industry organizations, the energy sector is poised for significant growth in the future. Therefore, investors would be wise to add fundamentally strong and undervalued energy stocks, Energy Transfer (ET), DNOW (DNOW), and MRC Global (MRC), to their portfolio, as these…

StockNews.com · Oct 23, 2024

Crude Prices Firm as Middle East Conflict Persists

Nov WTI crude oil (CLX24 ) today is up +1.64 (+2.32%), and Nov RBOB gasoline (RBX24 ) is up +4.97 (+2.47%). Crude and gasoline prices today are moving higher for a second day and posted 1-week highs. Heightened Middle East tensions underpin crude prices due to concern that the escalation...

Barchart · Oct 22, 2024

Crude Climbs as China Boosts Stimulus Measures

Nov WTI crude oil (CLX24 ) today is up +0.88 (+1.27%), and Nov RBOB gasoline (RBX24 ) is up +0.10 (+0.05%). Crude and gasoline prices today are moderately higher. Today's action by Chinese banks to cut interest rates may spur economic growth and is bullish for crude prices. Also, heightened...

Barchart · Oct 21, 2024

Get all your
news in one place.

100's of premium titles.
One news app.

The Guardian - UK · Oct 15, 2024

Oil price slides amid China slowdown and easing Middle East fears

Brent crude slides by almost $3.50 a barrel to below $74 after Opec cuts forecasts for demand growth

StockNews.com · Oct 7, 2024

3 Oil Stocks That Still Have Major Upside Potential

The oil market is experiencing continuous growth thanks to the delayed OPEC+ production increases, lower interest rates supporting economic activities, and strong demand. Therefore, it could be wise to invest in top oil stocks Schlumberger (SLB), VAALCO Energy (EGY) and Obsidian Energy (OBE), which have significant upside potential. Read on.

International Business Times · Sep 30, 2024

FTC Says Hess CEO Encouraged OPEC To Raise Prices, Bans Him From Chevron Board

Oil company scion John Hess allegedly 'communicated publicly and privately with OPEC representatives and oil ministers of OPEC member states.'

StockNews.com · Sep 30, 2024

3 Oil & Gas Stocks That Remain Undervalued

With growing geopolitical instability, delayed OPEC+ production increases, and rapid technological advancements, the oil and gas market is poised for solid growth. Hence, currently undervalued energy stocks Energy Transfer (ET), Plains All American Pipeline (PAA), and Delek Logistics Partners (DKL) could be ideal investment choices. Read more.

Get all your
news in one place.

100's of premium titles.
One news app.

International Business Times · Sep 30, 2024

Oil Prices Climb Amid Middle East Tensions

The Middle East war is causing oil prices to rise. Brent crude is up 0.71% to $72.49/barrel, while WTI crude is up 0.63% to $68.61/barrel.

StockNews.com · Sep 27, 2024

3 Oil & Gas Stocks With High Upside Potential

Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is experiencing solid growth. Hence, investing in fundamentally solid oil and gas stocks Schlumberger (SLB), Cenovus Energy (CVE), and APA (APA), which are poised for high upside, could be ideal. Read more.

Barchart · Sep 14, 2024

Cheaper Gasoline Prices And Higher Crude Oil Prices: But Why?

Gasoline prices typically fall in the autumn and early winter as demand decreases and gasoline retailers switch to cheaper winter-blend fuels. Additionally, Americans take fewer trips during this period, further reducing demand. OPEC is expected to increase production in December, which could contribute to further price declines. These combined factors…

StockNews.com · Sep 13, 2024

3 High-Momentum Energy Stocks to Watch in 2024

As supply disruptions and market shifts could potentially lead to an increase in oil prices, it's worth considering investments in stable energy stocks Energy Transfer LP (ET), ChampionX Corporation (CHX), and Secure Energy Services (SECYF). These companies are showing good growth momentum in the current landscape. Read on….

StockNews.com · Sep 12, 2024

3 Oil Stocks With High Yields to Buy Now

Although global oil demand is projected to grow, it’s happening more slowly. In this climate, investing in fundamentally sound companies such as EOG Resources, Inc. (EOG), Energy Transfer LP (ET), and Sabine Royalty Trust (SBR) could be wise. These firms offer not just reliable dividend income but also strong potential…

Latin Times · Sep 11, 2024

Markets Mixed Ahead Of US Inflation, Yen Rallies After US Debate

The Japanese unit was also boosted by bets on a Kamala Harris presidency after she was considered to have come out on top in her US presidential debate with Donald Trump and superstar Taylor Swift endorsed her.

International Business Times · Sep 11, 2024

Asian Markets Drop On Economy Worries, Yen Rallies

Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week.

1 … 53 54 55 56

Coverage From

People

From analysis to the latest developments in health,
read the most diverse news in one place.

Organisations

Read news from The Economist, FT, and more,
with one subscription

Topics

Artificial Intelligence

Places

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.