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At Close: Jun 05, 2026
Alaska is America's worst state for business in 2025 as falling oil prices sink economy
08:21am, Thursday, 10'th Jul 2025
Alaska finishes at the bottom of CNBC's state competitiveness rankings in 2025 with America's worst state economy. The state counts on oil for around 70% of its revenue, and upwards of half its budget
Nigeria's NNPC CEO on OPEC+ Decision, Oil Production, Pipelines
08:01am, Thursday, 10'th Jul 2025
Nigerian National Petroleum Company Chief Executive Officer Bayo Bashir Ojulari says OPEC+'s decision to accelerate the return of barrels to the market was the "right thing to do," adding that "optimi
UBS raises global oil refining margins outlook amid delays and closures
07:00am, Thursday, 10'th Jul 2025
UBS announced a revised outlook on the global oil refining industry, anticipating a significant tightening of supply balances in the coming years. This adjustment is primarily attributed to two crit
Oil News: OPEC Analysis Backs Demand Resilience, WTI Tests $67.44 Zone
06:46am, Thursday, 10'th Jul 2025
Oil futures steady above $67.44 while traders await Fed and OPEC cues. Strong gasoline demand supports crude oil outlook despite tariff concerns.
Oil Age Is Far From Over, OPEC Says
06:35am, Thursday, 10'th Jul 2025
The Organization of the Petroleum Exporting Countries doubled down on its view that global oil demand will keep rising through mid-century and that there is no peak in sight.
OPEC trims oil demand for next four years
05:42am, Thursday, 10'th Jul 2025
OPEC cut its global oil demand forecasts for the next four years on Thursday as Chinese growth slows, even as it lifted its longer-term view due to rising oil needs in the developing world and said th
Natural Gas and Oil Forecast: Energy Markets Stay Fragile as Trade Tariffs Mount
03:32am, Thursday, 10'th Jul 2025
Natural gas stalls near $3.22 amid weak momentum, while oil steadies on firm demand and tariff-driven uncertainty. WTI and Brent hold rising channels.
Oil markets will be amply supplied, but option to 'pull the brakes' exists: RBC Capital Markets
02:45am, Thursday, 10'th Jul 2025
Helima Croft from RBC Capital Markets discusses 2025 OPEC seminar's shift toward long-term transition goals, with limited focus on current oil market dynamics. While OPEC claims the market can absorb
India's oil dilemma: How far is New Delhi prepared to go to secure its supply?
02:20am, Thursday, 10'th Jul 2025
India's Petroleum Minister tells CNBC that the country helped global oil price stability by purchasing Russian oil. CNBC's Dan Murphy and Sri Jegarajah discuss how far is India prepared to go to secur
India's purchases of Russian oil helped to stabilize global oil prices: Hardeep Singh Puri
01:50am, Thursday, 10'th Jul 2025
India's Minister of Petroleum and Natural Gas, Hardeep Singh Puri, elaborates on the rationale for the country's decision to purchase oil from Russia. He adds that oil prices could have "gone up to $1
Oil falls as Trump's expanded tariffs cloud demand outlook
09:01pm, Wednesday, 09'th Jul 2025
Oil prices dropped on Thursday as the latest tariff announcements by U.S. President Donald Trump were perceived by market participants to threaten global economic growth and demand for the resource.
Here's the key takeaways from OPEC's Vienna seminar
03:40pm, Wednesday, 09'th Jul 2025
Helima Croft, RBC Capital Markets global head of commodity strategy, joins CNBC's 'Power Lunch' to share takeaways from OPEC's seminar in Vienna, Austria.
OPEC Ministers Say More Oil Needed, Dig At Energy Transition Economics
03:20pm, Wednesday, 09'th Jul 2025
Leading ministers from the Organization of Petroleum Exporting Countries or “OPEC” said the world needs more oil to meet its growing energy footprint, at their biennial international seminar in Vi
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Gains Some Ground Despite Rising Inventories
02:24pm, Wednesday, 09'th Jul 2025
Oil traders focus on the optimistic demand outlook.
Crude Inventories Rise By 7.1 Million Barrels, Exceeding Analyst Estimates
10:56am, Wednesday, 09'th Jul 2025
Gasoline inventories declined by 2.7 million barrels from the previous week.
