Oil futures edged higher in quiet trade early Tuesday as investors await the outcome of a contentious and close U.S. presidential election.
Oil prices see upward momentum from speculators as OPEC+ delays output. Trump vs. Harris election outcome could shape the U.S. oil outlook.
Discounts on Iranian crude oil sold to China are at their tightest in around five years as lower exports drive up prices amid concerns that Middle East tensions may disrupt supply, trading sources sai
The U.S. presidential election draws near, and investors are on high alert as the outcomes of Kamala Harris's and Donald Trump's contrasting economic policies could have significant ramifications for

Saudi Aramco Profit Falls on Oil-Price Weakness

02:08am, Tuesday, 05'th Nov 2024
The oil company said lower oil prices and refining margins pushed down profit, adding it plans to pay dividends of $31.05 billion.
Election uncertainty and OPEC+ production delays put natural gas and oil in a tight range, setting up energy markets for possible breakout moves.
Oil giant Saudi Aramco posts 15% drop in third-quarter profit but maintains dividend
Oil prices eased slightly on Tuesday as markets braced for uncertainties from the U.S. presidential election, after rising more than 2% in the past session as OPEC+ delayed plans to hike production in
Oil and natural gas fluctuate within ranges and show volatility ahead of the U.S. presidential election.

Oil Edges Lower in Likely Technical Correction

08:21pm, Monday, 04'th Nov 2024
Oil futures closed sharply higher Monday after members of OPEC+ said they would wait another month before starting to unwind 2.2 million barrels a day in production cuts.
OPEC+ decision provided significant support to oil markets today.
OPEC oil output rebounded in October from its lowest this year the previous month as Libya resolved a political crisis, a Reuters survey found, although a further Iraqi effort to meet its cuts pledged
India can further boost oil imports from Russia if prices are right, the south Asian nation's Petroleum Minister Hardeep Puri said in an interview with Bloomberg's Joumanna Bercetche. He also said g
Crude oil prices have remained in a relatively narrow range for the past year, but we think the oil market offers the potential for a downward break soon. That said, there are many ways that crude oil
The crude oil markets are up in the early hours of Monday, as traders continue to buy on the dips at a fairly important level. This level has been support for two years and should continue to be somet
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