$21.49
-0.450 (-2.05%)
At Close: Jun 05, 2026
Oil Rises as OPEC+ Signals Output-Increase Pause
06:39pm, Sunday, 02'nd Nov 2025
Oil rose after OPEC and its allies agreed to boost oil production by 137,000 barrels a day in December, but said they wouldn't increase production in first three months of 2026 due to seasonality.
OPEC+ to pause output hikes in first quarter to ease fears of glut, after one more boost in December
03:27pm, Sunday, 02'nd Nov 2025
The eight nations of OPEC+ announced Sunday they will pause oil-production hikes in the first quarter of 2026, following a modest increase in December, as part of an effort to avoid a glut of crude.
The Global Tug-Of-War That Sets Oil Prices
01:15pm, Sunday, 02'nd Nov 2025
Contrary to popular belief, oil prices aren't determined by any one country, company, or cartel. Instead, they're the product of a global tug-of-war among producers, traders, and policymakers.
OPEC and Allies Agree to Boost Oil Production, Then Pause
12:16pm, Sunday, 02'nd Nov 2025
The move caps a dramatic month in oil markets, riven by concerns of a supply glut and uncertainty over sanctions on Russian producers.
OPEC+ agrees to small December oil output hike, and Q1 pause
11:28am, Sunday, 02'nd Nov 2025
Eight OPEC+ countries on Sunday agreed to raise oil output in December by 137,000 barrels per day and then to pause the output hikes for the first quarter of 2026, OPEC+ said in a statement.
OPEC+ set to agree another modest oil output increase, sources say
04:26am, Sunday, 02'nd Nov 2025
OPEC+ is set to agree on Sunday on another modest increase in oil output targets, three sources familiar with the talks said, as the producers' group moderates plans to regain market share due to risi
China Is Filling Up Its Oil Reserves Fast
10:00pm, Saturday, 01'st Nov 2025
The cushion could protect the country from any short-term supply disruptions related to new U.S. sanctions on Russian crude.
Oil News: All Eyes on OPEC+ as Traders Brace for December Supply Decision
05:13am, Saturday, 01'st Nov 2025
Crude oil prices fall as supply risks fade and OPEC+ considers a modest output hike. Traders eye inventory data and demand signals heading into next week.
Natural Gas, WTI Oil, Brent Oil Forecasts – WTI Oil Moves Higher Ahead Of OPEC+ Meeting
02:25pm, Friday, 31'st Oct 2025
Oil traders bet that OPEC+ will not raise production aggressively.
Growing U.S.-Venezuela tensions, new OPEC+ targets mark a crucial week for oil ahead
01:14pm, Friday, 31'st Oct 2025
Escalating U.S. tensions with Venezuela and an upcoming monthly decision by major oil producers on crude output targets were the focus of traders heading into the weekend.
BofA's Francisco Blanch: We have a surplus of oil and prices will likely keep trending lower
12:58pm, Friday, 31'st Oct 2025
Francisco Blanch, Bank of America head of commodities and derivatives research, joins CNBC's 'Money Movers' to discuss outlooks on oil.
Crude Oil Price Outlook – Crude Oil Continues to Consolidate
10:13am, Friday, 31'st Oct 2025
Oil continues to consolidate with limited direction as traders test an earlier gap tied to sanctions headlines. Expect resistance near $62 and $65, with fading rallies likely amid oversupply and weake
OPEC+ likely to agree small oil output increase for December, sources say
09:56am, Friday, 31'st Oct 2025
OPEC+ will likely agree on Sunday another small hike in oil output targets for December, three sources familiar with the talks said, as the group moderates its drive to regain market share amid predic
Global Oil Supply Will Keep Growing, Goldman Says
09:16am, Friday, 31'st Oct 2025
Goldman Sachs Head of Oil Research Daan Struyven says the global oil supply will keep growing. He says oil prices could drop by another $10 per barrel over the next year.
Expect OPEC+ to adopt a 'watch and wait' to see U.S. sanction impact on Russian oil: Helima Croft
08:33am, Friday, 31'st Oct 2025
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy markets, what to expect from the OPEC+ meeting this weekend, oil price trends
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