The OPEC+ alliance’s accelerated move to boost oil-production quotas has yet to yield meaningful increases in actual output, according to a recent market note by Morgan...
Oil prices declined marginally on Friday, but both Brent and West Texas Intermediate (WTI) crude benchmarks posted their first weekly gains in three weeks as renewed...
Global investment in crude oil is projected to decline by 6% in 2025, the first substantial downturn in upstream oil spending since the COVID-19-induced slump in...
Crude oil prices held firm on Tuesday as rising geopolitical tensions in the Middle East and Eastern Europe continued to support market sentiment. Brent crude oil,...
Oil prices rebounded sharply on Monday following OPEC+’s decision to maintain its measured production increase for July, easing investor concerns about a larger-than-expected output expansion. Brent...
Oil prices extended their weekly losses on Friday on expectations of a fresh output hike by OPEC+ and renewed legal uncertainty surrounding U.S. tariffs imposed by...
Oil prices held within a narrow range on Wednesday as market participants digested new U.S. sanctions on Venezuela impacting Chevron’s operations while anticipation ahead of a...
Global crude oil prices remained largely stable on Tuesday as market participants assessed the likelihood of a production increase by the Organisation of the Petroleum Exporting...
Crude oil prices traded largely flat on Monday as U.S. President Donald Trump’s decision to extend the tariff deadline for trade negotiations with the European Union...
Crude oil prices declined for the fourth consecutive session on Friday, capping the week with the first overall loss in three weeks, as expectations of further...
