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$51.89
+0.690 (+1.35%)
At Close: Jun 08, 2026
Oil News: Crude Outlook Turns Bleak as OPEC Ramps Supply Into Weak Demand
03:47pm, Sunday, 04'th May 2025
OPEC+ ramps up output by 800,000 bpd, setting a bearish tone as weak oil demand and rising inventories pressure the global crude oil outlook.
OPEC+ set to make another accelerated oil output hike for June, sources say
04:54am, Saturday, 03'rd May 2025
Eight OPEC+ countries meeting on Saturday will likely agree a further accelerated oil output hike for June, four sources with knowledge of the matter told Reuters, the latest step in a plan to unwind
Big Oil earnings: Sector had high hopes with Trump, but oil prices tell a different story
05:55pm, Friday, 02'nd May 2025
Oil prices (CL=F, BZ=F) are on the decline, and despite US President Trump's "drill, baby, drill" rhetoric, US oil production growth may be on track to stall or decline in the short term. Tortoise sen
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats Ahead Of OPEC+ Meeting
02:37pm, Friday, 02'nd May 2025
Traders worry that OPEC+ will boost production in June.
Chevron to cut share buybacks as lower oil prices weigh on earnings
08:58am, Friday, 02'nd May 2025
Chevron Corporation (NYSE:CVX, ETR:CHV) said on Friday it will sharply reduce share repurchases this quarter to between $2.5 billion and $3 billion, down about 30% from the prior period, as lower oil
Crude Oil Price Outlook – Crude Oil Continues to See Troubles
08:54am, Friday, 02'nd May 2025
The crude oil market continues to see a lot of noisy behavior, as the market has to think about the potential slowdown economically, and of course the fact that the nations of OPEC continue to pump ou
Oil prices are down over last 6 months: what does it mean for gas prices?
08:46am, Friday, 02'nd May 2025
Gas prices, though having risen slightly while oil prices continue to fall to prices not seen since 2021, could begin to dip downward despite the summer travel season.
Chevron stock falls as profit declines on falling oil prices
07:02am, Friday, 02'nd May 2025
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon Mobil earnings beat even as profit falls on oil price decline
06:59am, Friday, 02'nd May 2025
CNBC's Becky Quick reports on the company's quarterly earnings results.
Exxon, Chevron Profits Fell Ahead of Tariff-Driven Oil Slump
06:33am, Friday, 02'nd May 2025
The major oil companies' results were hurt by narrow refining margins, lower oil prices and rising costs.
Exxon Mobil earnings beat even as profit falls on oil price decline
06:32am, Friday, 02'nd May 2025
Exxon Mobil reported first-quarter earnings Friday that beat Wall Street expectations. However, profits were down 6% hurt by weaker oil prices.
Chevron stock falls as profit declines on falling oil prices
06:32am, Friday, 02'nd May 2025
Chevron's profit declined more than 30% compared with the same quarter in 2024 as oil prices have sold off steeply. FILE PHOTO: A Chevron gas station is seen in Austin, Texas, U.S., October 23, 2023.
How the U.S. could leverage Saudi influence on oil to pressure Russia
04:48am, Friday, 02'nd May 2025
Getting Saudi Arabia to produce more oil could be a means to pressure Russia to a ceasefire with Ukraine.
Worst-Performing ETFs of April
04:40am, Friday, 02'nd May 2025
April saw a sharp stock market drop due to Trump's aggressive new tariffs, especially on China.
Natural Gas and Oil Forecast: Weak GDP, Factory Slump Weigh on Crude Outlook
02:25am, Friday, 02'nd May 2025
Geopolitical tensions and weak U.S. GDP weigh on oil, while natural gas holds bullish structure above key EMAs amid volatile energy market conditions.
