The attack on Russia's Novorossiysk oil export hub provided additional support to oil markets.
OPEC+ remains stable as the growing oversupply of offshore crude oil finally reaches onshore stocks, reinforcing a structurally bearish trend across the entire oil market. With production levels set u
Torbjörn Törnqvist is selling his stake in Gunvor after renewed scrutiny of the firm's Russia ties.
WTI oil and Brent markets attempted early rallies but quickly reversed from key downtrend levels. Both grades continue to struggle with heavy supply pressures and weak demand, keeping prices capped an
Crude oil futures rally 2% as drone strikes on Russian infrastructure and OPEC+ holding production steady reignite supply fears after a four-month losing streak.
Natural gas and oil rebound as OPEC+ holds supply steady and energy markets react to shifting geopolitical signals and improving technical momentum.
Oil rose in early Asian trade. Markets continue to focus on the progress of Russia-Ukraine peace talks, Nanhua Futures said.
Oil prices rose more than 1.5% on Monday after the OPEC+ meeting on Sunday decided against earlier planned production rises in the first quarter of next year.
WTI edges higher as traders assess peace talks, rising supply, weak oil demand, and OPEC policy, with analysis pointing to a bearish weekly oil outlook.
OPEC+ is likely to leave oil output levels for the first quarter of 2026 unchanged at its meetings on Sunday, three delegates from the group said on Saturday, moderating a push to regain market share
Crude Oil Futures slip after a weak Friday close as rising Inventory, soft Oil Demand, and OPEC Production risks weigh on the broader Oil Outlook.
U.S. oil production rose to a record high in September, data from the Energy Information Administration (EIA) on Friday showed, despite oversupply worries.
Hungary's Orban met Russia's Putin in Moscow to discuss energy and Ukraine peace deal.
Crude oil saw a mild bounce in thin Friday trading, but both WTI and Brent remain stuck in broader downtrends. Key resistance levels sit overhead, keeping the market in a fade-the-rally posture unless
Crude oil steadies after the CME outage, but OPEC+ expectations and rising supply forecasts keep the oil outlook cautious for traders watching key levels.
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