Follow today's crude oil price moves and key news stories driving oil price actions, as well as developments in the broader energy sector.
“However, crude oil bulls should proceed with caution,” Yawger wrote. “The longer the rally in crude oil, and the higher the price, the more likely OPEC+ will be to add the 500,000 plus back to the market starting in October.” Rival governments in Libya are locked in a poli...
Today, the world’s economy is largely dependent on fossil fuels such as crude oil, and the demand for these resources often sparks political unrest, as a small number of countries control the largest reservoirs. Like any industry,supply and demandheavily affect the prices and profitability of c...
WTI crude oil WTI crude oil NewsSunSirs: International Crude Oil Recorded a weekly Decline of Over 7% in Three Consecutive DeclinesFebruary 05 2024 09:37:20SunSirs(Selena) Last Friday, international crude oil futures experienced three consecutive declines. The settlement price of the main WTI ...
16 Dec 2024 :Oil spill occurs at Shell terminal in Nigeria(Reuters). 16 Dec 2024 :Exxon talks continue on shallow-water block in Guyana...(aol.com). 16 Dec 2024 :Oil and gas exploration: Bidding process for Miranshah Block...(thenews.com.pk). ...
Find the latest Crude Oil Sep 24 (CL=F) stock quote, history, news and other vital information to help you with your stock trading and investing.
The gains come on the back of news from Tuesday that the European Union is working on new sanctions against Russia for its operations in Ukraine that will target Moscow's oil industry. European Commission President Ursula von der Leyen is expected to spell out the plans on We...
The irony is that both OPEC+ and the Chinese refiners would likely claim that they want to see some level of price stability and a well-supplied crude oil market. Where they are likely to differ is what the base price level should be, with OPEC+ proba...
OPEC market share decision seen accelerating price drop. (crude oil prices)D'Afflisio Reuters, Ted
John Kemp – Reuters Portfolio investors resumed selling petroleum last week as fears about conflict in the Middle East disrupting production were replaced by concerns about rising interest rates and the impact on the global economy and oil consumption. Hedge funds and other money managers sold the ...