Oil prices are moving higher as traders stay bullish despite OPEC+ production boost.
The crude oil markets continue to look as if they are going to try to grind slightly higher, showing signs of resiliency to say the least. Ultimately, this is a time of year that is typically good for
Oil prices hold above $65.26 200-MA as OPEC boosts output. Traders watch $67.44 pivot with tariff risks, summer demand, and futures positioning in focus.
Markets today watch rising yields and tariff moves as traders assess the U.S. session outlook post-strong jobs data.
The U.S. continues to show it's serious about punishing Iran for its nuclear ambitions and support for terrorism, but tighter sanctions on Tehran risk being a shot in the foot for America's plans to k
Exxon Mobil said its second-quarter earnings will take a hit. Shell has said its trading profit will be lower than thought.
Francisco Blanch, head of global commodities and derivates research at Bank of America, discusses OPEC+'s recent decision to increase oil production for the month of August. "It's been a good time to
WTI dips to $67.50 as OPEC+ hikes supply by 548,000 bpd and U.S. tariff threats add new risks to oil and gas market sentiment.
WTI crude oil is rebounding from its long-term support at $66, while natural gas prices are consolidating within the ascending channel, awaiting the next move.
Oil prices eased on Tuesday after rising almost 2% in the previous session, as investors assessed new developments on U.S. tariffs and a higher-than-expected OPEC+ output hike for August.

Interior Secretary Doug Burgum on oil prices

06:15pm, Monday, 07'th Jul 2025
Interior Secretary Doug Burgum on Monday said he believes deregulation could cut the price of an oil barrel from U.S. federal land by at least 10%.
Oil rose more than 1% on Monday on signs of strong demand, shrugging off the impact of a higher-than-expected OPEC+ output hike for August as well as concerns about the potential impact of U.S. tariff
OPEC+ agreed to raise production by 548,000 bpd in August.
On today's episode of Opening Bid, host Brian Sozzi looks at whether stocks can maintain record-level momentum as tariff concerns and technical signals raise caution. LPL Financial chief technical str
CNBC's Brian Sullivan joins 'Squawk on the Street' to discuss the latest news on the energy market.
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