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$35.64
-2.25 (-5.94%)
At Close: Jun 05, 2026
Oil Price News: OPEC+ Pause, Russia Sanctions & Tight Atlantic Basin Shape WTI/Brent
01:11pm, Monday, 03'rd Nov 2025
Despite ‘glut' headlines, U.S. inventories fall. OPEC+ discipline, sanctions and longer voyages tighten Atlantic Basin; contango parks barrels offshore.
The Billionaire Trader Who Swooped In on Russia's Overseas Oil Empire
12:00pm, Monday, 03'rd Nov 2025
Torbjörn Törnqvist has just struck one of the deals of his lifetime, pouncing on the overseas operations of Lukoil soon after the Russian oil producer was hit with U.S. sanctions.
Crude Oil Price Outlook – Crude Oil Continues to Dance Back and Forth
10:11am, Monday, 03'rd Nov 2025
Crude oil markets opened the week with choppy trading as both WTI and Brent hover near key technical levels. Resistance at moving averages and fading momentum suggest limited upside potential, with do
Oil News: Crude Futures Slide as 50-Day Moving Average Caps Rally
07:00am, Monday, 03'rd Nov 2025
Crude oil slips as OPEC+ output pause fails to lift sentiment; weak demand and record U.S. production weigh on the oil outlook.
BP CEO expects non-OPEC+ oil supply growth could decline by April
06:28am, Monday, 03'rd Nov 2025
Oil supply growth outside OPEC+ could decline by April, while demand remains robust, BP's Chief Executive Murray Auchincloss said on Monday.
U.S. Futures, Global Markets Start New Month Mostly Higher; Oil Rises After OPEC+ Meeting
04:09am, Monday, 03'rd Nov 2025
Futures for the S&P 500 were up with focus on earnings. About a quarter of companies on the index are due to report this week.
Oil Prices Rise After OPEC+ Says It Will Pause Output Hikes
02:11am, Monday, 03'rd Nov 2025
Oil advanced a fourth day after OPEC+ said it planned to pause output increases in the first quarter of 2026, following another modest hike for next month. Bloomberg's Stephen Stapczynski reports.
Natural Gas and Oil Forecast: Market Awaits OPEC Decision Amid Rising Bullish Pressure
01:23am, Monday, 03'rd Nov 2025
Natural gas climbs above $4.10 as tighter supply boosts sentiment, while oil consolidates near key resistance ahead of the OPEC+ output decision.
Oil extends gains after OPEC+ pauses Q1 output hikes
07:01pm, Sunday, 02'nd Nov 2025
Oil prices climbed in early Asian trade on Monday after OPEC+ decided to hold off production hikes in the first quarter of next year, easing rising fears of a supply glut.
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
