Oil prices are rising, even as production ramps up. Gold, on the other hand, is cooling off - not because of collapsing fundamentals, but thanks to a surprising wave of optimism. It’s the kind of ...

Since he returned to the Oval Office the benchmark West Texas Intermediate oil price has fallen from $80 a barrel to $60 (see ...

OPEC+ shocked the market earlier this month with plans to ramp up crude output, leading oil prices to post their worst monthly performance in years. Now the group of oil producers might add even ...

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in Venezuelan supply on renewed US attempts to curb the flows and smaller ...

Wilks discussed tariff-related economic uncertainties and OPEC's increased oil production, noting varied customer responses and potential impacts on drilling and completion activities. The company ...

but now that production cut won't be fully restored until September 2026. OPEC Apr crude production fell -200,000 bpd to 27.24 million bpd. Concern that the US-China trade war will linger and ...

The incremental production in June will be delivered by the “eight participating countries,” which include Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman, Opec said.

Oil prices slid further Monday after OPEC+ announced another major increase in oil production over the weekend. The alliance of the Organization of the Petroleum Exporting Countries (OPEC) and ...

Under the decision, OPEC and allied producers raised their required production levels by about 960,000 b/d from March to June. The bank's analysts, however, said that with compensatory output cuts ...

Oil prices fell to a four-year low in April and are expected to drop further amid uncertainties about global economic prospects.

The bank attributed this adjustment to the decision by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) to increase oil production ... d and 230 kb/d in Barclays’ 2025 and ...

Let's dive in! Mon 05 May 25, 5:22pm (AEST) ASX 200 Session Chart The S&P/ASX 200 (XJO) finished 80.2 points lower at 8,157.8, 1.01% from its session high and smack–bang on its session low.