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$116.15
-3.10 (-2.60%)
At Close: Jun 05, 2026
Oil prices on track for weekly loss after OPEC+ fails to soothe supply worries
07:50am, Friday, 06'th Dec 2024
Oil futures fell Friday and were on track for weekly losses a day after a decision by the Organization of the Petroleum Exporting Countries and its allies to further postpone a planned unwind of produ
Oil News: Supply Concerns Persist Despite OPEC+ Production Cuts
07:20am, Friday, 06'th Dec 2024
WTI and Brent futures decline on weak demand and rising supply. OPEC+ cut extensions to 2026 fail to offset fears of a growing surplus.
Oil market still looks oversupplied for 2025: S&P Global Commodity Insights
03:29am, Friday, 06'th Dec 2024
Herman Wang of S&P Global Commodity Insights discusses the headwinds OPEC+ is facing after the organization delayed its planned output hike again.
Natural Gas and Oil Forecast: OPEC+ Output Cuts Extended, Demand Concerns Dominate 2024 Outlook
01:51am, Friday, 06'th Dec 2024
Global oil markets face uncertainty as OPEC+ extends production cuts, citing sluggish demand and rising non-OPEC supply growth.
Oil prices dip as extended OPEC+ supply cuts highlight weak demand
08:48pm, Thursday, 05'th Dec 2024
Oil prices slipped in early Asian trading on Friday, with weak demand in focus after the OPEC+ group postponed planned supply increases and extended deep output cuts to the end of 2026.
Oil Edges Lower as Market Weighs OPEC Supply, China Demand
08:43pm, Thursday, 05'th Dec 2024
Oil edged lower in early Asian trade. Trade remains in a tight range despite OPEC's decision to keep voluntary production cuts, ANZ Research said.
How Trump's Iran Policies Could Shape Oil Markets In 2025
03:24pm, Thursday, 05'th Dec 2024
Oil markets in 2025 could face turbulence if President-elect Donald Trump reintroduces strict policies toward Iran.
OPEC+ Delays Revival of Its Oil Production
03:10pm, Thursday, 05'th Dec 2024
OPEC+ delayed the revival of its oil production by three months, the third time it's deferred the move while crude prices struggle amid a looming surplus. -------- Watch Bloomberg Radio LIVE on YouTub
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Pulls Back As OPEC+ Extends Production Cuts
02:17pm, Thursday, 05'th Dec 2024
Oil traders remain worried about weak demand.
Explainer: What OPEC+ oil output cuts are currently in place?
11:15am, Thursday, 05'th Dec 2024
OPEC+ at its Dec. 5 meeting made further changes to its oil production policy, by delaying a planned increase in output further into next year as it faces a weaker oil demand outlook.
Crude Oil Price Outlook – Crude Oil Continues to See Support
09:43am, Thursday, 05'th Dec 2024
The crude oil market continues to see a lot of noisy behavior, as the bottom has held firm in both grades that I follow for FX Empire. At this point, most traders have been trading this through a rang
OPEC+ Delays Oil Output Hike Once Again
08:41am, Thursday, 05'th Dec 2024
The Organization of the Petroleum Exporting Countries and its allies will further push back an oil production increase planned for January by three months amid softer prices and market concerns of an
Oil prices little changed as OPEC+ members to delay production increase until April
08:33am, Thursday, 05'th Dec 2024
Eight OPEC+ members will keep production cuts of 2.2 million barrels per day in place until April 2025, two delegate sources told CNBC. The cuts were originally supposed to start phasing out in Decemb
OPEC+ members to delay oil production increase until April
07:34am, Thursday, 05'th Dec 2024
This production cut was previously due to start being phased out in December.
OPEC+ to delay oil output hike until April, source says
07:27am, Thursday, 05'th Dec 2024
OPEC+ has agreed to delay its plan to raise oil output until April 2025, an OPEC+ source told Reuters while its meeting was underway, to provide additional support for the oil market.
