News

The Institute for Energy Research19h
OPEC+ to Increase Oil Production—Again
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Oil prices have crashed to 4-year lows. That means cheaper gas for Americans hitting the roads this summer.
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
The Economist48m
How Saudi Arabia is cranking up the pressure on its OPEC allies
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Investor's Business Daily on MSN2d
OPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi Visit
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
Oil Futures Rebound From OPEC-Induced Selloff
Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
Crude oil rises in technical rebound after OPEC-induced drop; more banks cut price views
Crude oil futures rebounded Tuesday in a move analysts saw as a technical rebound from the prior session's losses, likely with a significant amount of profit taking out of short holdings. Prices also ...
Wall Street loses ground and oil prices tumble after OPEC+ says it will step up production
Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...