The world's largest group of oil producers, OPEC+, is set to make another big increase of 411,000 barrels per day for August as it looks to regain market share, four delegates from the group told Reut

Putin: OPEC+ projects rising oil demand, especially in summer

11:45am, Friday, 27'th Jun 2025

Russian President Vladimir Putin said on Friday the OPEC+ group of leading oil producers including Russia projects rising global demand especially in the summer months, in comments suggesting the bloc

Exxon Mobil CEO on oil prices in the wake of Iran-Israel airstrikes

11:00am, Friday, 27'th Jun 2025

Exxon Mobil CEO Darren Woods said Friday that he expects oil prices to remain lower in the wake of the Iran-Israel airstrikes, as the conflict didn't escalate to a broader disruption to the Middle Eas

Crude Oil Price Outlook – Crude Continues to Settle at Inflection Point

09:47am, Friday, 27'th Jun 2025

The crude oil market continues to sit at the previous resistance area, as we are stabilizing during the session on Friday. With this, the markets are likely to calm down a bit, now that the Middle Eas

Energy Secretary Wright on Iran, Oil, Nuclear Power

09:08am, Friday, 27'th Jun 2025

US Energy Secretary Chris Wright talks about the impact of airstrikes against Iran's nuclear facilities, oil sanctions that are still in place and the need for more nuclear power in the US. He is on "

Oil News: Can Crude Oil Sustain Gains Above 200-Day MA Before OPEC Decision?

07:51am, Friday, 27'th Jun 2025

Crude oil holds above the 200-day MA as traders await OPEC's decision and summer demand signals. Inventory draws and China's demand support oil outlook.

China skirts U.S. sanctions as top buyer of Iranian oil — here's how, and why that's unlikely to change soon

02:51am, Friday, 27'th Jun 2025

Chinese independent refineries have been the major buyers of cheap Iranian crude. China's crude imports from Malaysia increased significantly to levels exceeding Malaysia's production.

Natural Gas and Oil Forecast: Energy Prices Coil Ahead of U.S.–China Trade Talks

02:31am, Friday, 27'th Jun 2025

WTI crude rebounds to $65.65 after $13 drop but faces resistance near $67. Oil markets await OPEC meeting and U.S.–China trade signals.

Higher Treasury yields and $100 oil in sight, says economist

01:31am, Friday, 27'th Jun 2025

Alexis Crow, Chief Economist at PWC U.S. says higher Treasury yields are a "very clear perspective" this year and going into 2026. She also talks about how structural changes in demand could push oil

Oil set for weekly loss on fading Mideast supply risks

09:24pm, Thursday, 26'th Jun 2025

Oil was set to fall this week with the Iran-Israel ceasefire holding and easing concerns over Middle East supply risks, although prices rose on Friday as the summer driving season ramped up fuel deman

Crude Oil Price Forecast: Holds Key Levels Amid Persistent Bearish Pressure

04:57pm, Thursday, 26'th Jun 2025

Crude oil trades near support with fading reversal signals, raising the risk of further downside if key technical levels fail to attract buyers.

Fragile Middle East Truce Heightens Geo-political, Macroeconomic Risks, Including for Europe

03:51pm, Thursday, 26'th Jun 2025

The Israel-Iran truce fails to permanently reduce geo-political uncertainties weighing on an already subdued economic outlook for Europe, but the crisis's impact on Europe's economy is limited for now

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