NYSE:BNO

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$51.20
-1.28 (-2.44%)
At Close: Jun 05, 2026
Oil prices eased on Tuesday after rising almost 2% in the previous session, as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August.

Interior Secretary Doug Burgum on oil prices

06:15pm, Monday, 07'th Jul 2025
Interior Secretary Doug Burgum on Monday said he believes deregulation could cut the price of an oil barrel from U.S. federal land by at least 10%.
Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output hike for August as well as concerns about the potential impact of U.S. tariff
OPEC+ agreed to raise production by 548,000 bpd in August.
On today's episode of Opening Bid, host Brian Sozzi looks at whether stocks can maintain record-level momentum as tariff concerns and technical signals raise caution. LPL Financial chief technical str
CNBC's Brian Sullivan joins 'Squawk on the Street' to discuss the latest news on the energy market.
The crude oil initially gapped lower on Monday, only to turn around and rally quite nicely. At this point in time, the markets looks as if they want to go higher no matter what.
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of difficulties affecting others.
Oil prices rebound as tight supply offsets OPEC+ output hike. Traders eye $67.58 for crude futures breakout amid bullish oil demand outlook.
Brazil, Guyana and Argentina drive a fast-growing share of global oil output.
OPEC+ oil producers are set to approve another big output boost for September as they complete the unwinding of voluntary output cuts by eight members and allow the United Arab Emirates to pump more t
Crude oil slips over 1% as OPEC+ output hike and weak China demand weigh on prices. Traders brace for volatility amid rising global supply concerns.
OPEC+ will increase oil production even more rapidly than expected next month as eight key alliance members agreed to raise supply by 548,000 barrels a day at a video conference on Saturday. The count
Goldman Sachs said it expects a group of eight OPEC+ members to lift oil production quotas by 550,000 barrels per day in September, which would complete the unwinding of 2.2 million bpd of voluntary c
Oil prices slipped 1% at the start of trading on Monday after OPEC+ accelerated output hikes and raised concerns about oversupply.
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