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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As OPEC+ Agrees To Boost Production In July
02:32pm, Monday, 02'nd Jun 2025
OPEC+ will boost production by 411,000 bpd in July.
Behind OPEC+ oil output hike, Saudi-Russian tensions simmer
01:16pm, Monday, 02'nd Jun 2025
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil output increases while Moscow argued for a pause, four OPEC+ sources with k
Global oil market at inflection point as supply, demand falls, says Paul Sankey
11:05am, Monday, 02'nd Jun 2025
Paul Sankey, Sankey Research president, joins 'Squawk on the Street' to discuss what's driving prices in the global oil market.
We're about to see an inflection point in oil prices to the upside: Bleakley's Peter Boockvar
09:20am, Monday, 02'nd Jun 2025
Peter Boockvar, Bleakley Advisory Group CIO, joins 'Squawk Box' to discuss the latest market trends ahead of the opening bell on Monday.
Oil jumps 1.8% as OPEC+ sticks to slow unwind, lifting Shell and BP
09:17am, Monday, 02'nd Jun 2025
Brent crude rose 1.8% to over $65 a barrel on Monday afternoon after OPEC+ confirmed it would maintain a gradual approach to increasing oil supply. The news also gave a lift to energy stocks, with sha
U.S. crude oil rises about 4% after OPEC+ increases output at steady rate
07:50am, Monday, 02'nd Jun 2025
OPEC+ agreed to increase production by 411,000 barrels per day in July, the third consecutive month the group has boosted output at that rate.
Croft: Given all the global economic headwinds, oil prices are managing to hang on
07:37am, Monday, 02'nd Jun 2025
RBC's Helima Croft discusses the decision by OPEC+ to hike production by a large amount for a third straight month, and whether the market can absorb all that additional oil.
Oil News: Oil Futures Rally Past 50-Day MA as OPEC+ Keeps July Production Unchanged
06:51am, Monday, 02'nd Jun 2025
Crude oil jumps 3% as OPEC+ holds July output steady. Futures break above 50-day MA, eyeing $64.40 with strong demand and tight inventory supporting gains.
Oil Prices Jump. It Isn't Just OPEC This Time.
05:44am, Monday, 02'nd Jun 2025
Crude benchmarks jumped by more than 3% after Ukraine destroyed more than 40 warplanes in Russia.
Oil Rises as OPEC+ Boosts Supply Less Than Expected
01:40am, Monday, 02'nd Jun 2025
Oil advanced off the back of geopolitical tensions and as OPEC+ hiked production less than some had feared. OPEC+ agreed to surge oil output for the third month in a row, doubling down on a policy sh
Goldman Sachs sees OPEC+ raising oil output by 0.41 mb/d in August
08:49pm, Sunday, 01'st Jun 2025
Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) production increase in August, the bank said in a note dated Sunday.
Oil Rises Amid Geopolitical Tensions
08:40pm, Sunday, 01'st Jun 2025
Oil rose in the early Asian session amid geopolitical tensions.
Oil rebounds after OPEC+ sticks to same output hike in July vs June
06:58pm, Sunday, 01'st Jun 2025
Oil prices rebounded more than $1 a barrel in early Asian trade on Monday after OPEC+ decided to increase output in July by the same amount as it did in each of the prior two months, in line with mark
Oil prices set to drop more as OPEC+ agrees to another sharp production hike
04:00pm, Sunday, 01'st Jun 2025
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month in a row, a move intended to reassert control over the market by driving oil
Oil News: Bearish Oil Outlook Deepens as Demand Weakens, OPEC+ Decision Looms
06:50pm, Saturday, 31'st May 2025
Oil demand concerns and a stronger dollar weigh on crude futures as traders await the June 2 OPEC+ decision. WTI closes lower for a second straight week.
