Invesco DB Oil Fund ETF News

West Texas Intermediate (WTI), a proxy for U.S. oil prices, fell more than 3% to a near-four-month low on Monday as investors fretted over a complex Organization of the Petroleum Exporting Countries a

Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in the

OPEC is a supply story and the weakness we are seeing is due to concerns over future demand, notes Carley Garner. She discusses crude oil market in focus.

Oil prices (BZ=F, CL=F) are trading lower on Monday after OPEC+ announced an extension of production cuts into 2025. Bob McNally, founder & president of Rapidan Energy, joins Catalysts to discuss his

In the latest meeting, OPEC+ agreed to extend production cuts of 3.66 million barrels per day (bpd) until the end of 2025, along with prolonging cuts of 2.2 million bpd until September 2024.

OPEC+ extended 3.6 million barrels per day in production cuts through the end of 2025. OPEC+ members will phase out 2.2 million bpd in voluntary cuts over 12 months starting in October.

Oil futures traded lower early Monday after swinging between gains and losses as traders assessed a decision by OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional, volu

Amena Bakr, Senior Research Analyst at Energy Intelligence, and Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, discuss oil prices following the latest OPEC+ production decisio

Saudi Aramco's top executives are set to hold a series of events in London and the US to drum up demand for the oil giant's $12 billion share sale, five years after it scrapped an international roadsh

OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year. Bloomberg News' Anthony DiPaola discusses with J

OPEC+ agreed on Sunday to extend voluntary supply reductions in a bid to support the energy market. But, as Joumanna Bercetche reports, the group also set a date to begin bringing some oil back online

The group agreed to extend cuts of 3.66 million barrels per day by a year until the end of 2025. It will also prolong the cuts of 2.2 million barrels per day by three months until the end of September

The OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.

The OPEC+ alliance, which includes Saudi Arabia and Russia, two of the world's Top 3 oil producing countries, met in Riyadh, Saudi Arabia at the 37th OPEC and non-OPEC Ministerial Meeting. The group r

OPEC+ oil group awaits concrete interest rate cuts before factoring impact on demand: Saudi energy minister