Crude oil slips near $60 as oversupply fears persist. Traders eye the Nov 2 OPEC+ meeting and natural gas consolidation ahead of a possible breakout.
Shares of Shell have climbed more than 16% so far this year, outperforming its industry peers.
Oil prices rebounded on bullish US inventory data and trade optimism, but remain under pressure from OPEC+ supply risks and bearish technical signals.
Oil prices held on to most gains from the previous session in early trading on Thursday as investors awaited U.S.-China trade talks later in the day, hoping for signs that tensions clouding the econom
Oil edged lower in the early Asian session as traders assess various geopolitical risks.
Falling gasoline inventories provided additional support to oil markets.

U.S. Crude Oil Stockpiles Fall More Than Expected

11:20am, Wednesday, 29'th Oct 2025
U.S. crude oil inventories posted a bigger-than-expected decline of 6.9 million barrels last week as imports fell and exports rose, said the EIA.
Gold prices rebounded on Wednesday after sliding below $4,000 per ounce earlier this week.  Silver prices also followed gold's rise as the metal rose more than 2%.
Crude oil is attempting to recover in early Wednesday trading, but resistance at the 50-day EMA near $62 remains significant. Despite recent headlines on Russian sanctions, oversupply concerns persist
Chevron CEO Mike Wirth joins ‘Mornings with Maria' to discuss America's untapped energy power, new drilling technology and why the U.S. has only ‘scratched the surface' of its oil potential.
Phillips 66 Chairman and CEO Mark Lashier joins 'Squawk Box' to discuss the company's quarterly earnings results, global oil supply and refining capacity, oil price trends, and more.

Norway's Oil Fund Grows on Strong Equity Markets

05:51am, Wednesday, 29'th Oct 2025
Norway's sovereign-wealth fund returned 5.8% in the third quarter, driven by particularly strong returns in basic materials, telecommunications and the financial sector.
OPEC+ output talks and geopolitical tensions shape oil and natural gas prices, keeping markets cautious amid supply risks and uncertain demand trends.
Enforcing tough measures against one of the world's top oil producers risks triggering a supply shock.

Oil edges up on US crude inventory draw

10:14pm, Tuesday, 28'th Oct 2025
Oil prices edged up on Wednesday morning after three straight days of declines, with market sources citing a decline in U.S. crude inventories, while investor concerns about Russia sanctions and a pot
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