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$429.81
+15.11 (+3.64%)
At Close: Jun 08, 2026
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.
OPEC+ set to discuss July oil output hike, may be larger than 411,000 bpd, sources say
04:36am, Saturday, 31'st May 2025
OPEC+ meets on Saturday to discuss an increase in oil output for July that may be larger than the 411,000 barrels per day (bpd) increases it made for May and June, sources familiar with OPEC+ talks to
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Markets Are Moving Lower Ahead Of OPEC+ Meeting
02:30pm, Friday, 30'th May 2025
Traders worry that OPEC+ may boost production by more than 411,000 bpd.
A pivotal OPEC+ decision this weekend could tank crude-oil prices by 10%
01:19pm, Friday, 30'th May 2025
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with demand tough to gauge against a trade-war backdrop and some countries failing to
Crude Oil Price Analysis – Crude Oil Continues to Find Struggles
10:30am, Friday, 30'th May 2025
The crude oil markets continue to find a lot of struggles at this point, as the market looks as if it is trying to find a bottom. However, this is a market that faces a lot of over supply at the momen
OPEC+ may discuss oil output hike larger than 411,000 bpd for July, sources say
08:04am, Friday, 30'th May 2025
OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) increases it made for May and June, sources familiar with OPEC+ talks told
Oil News: 50-Day MA Caps WTI as OPEC+ Production Risks Cloud Short-Term Outlook
07:46am, Friday, 30'th May 2025
Crude oil faces bearish pressure as WTI stalls below the 50-day MA and traders await OPEC+ clarity on output hikes and U.S. tariffs.
Oil price outlook weakens on OPEC+ hikes, lingering trade concerns
07:36am, Friday, 30'th May 2025
Analysts have revised down their oil price forecasts for the third consecutive month as swelling OPEC+ supply and lingering uncertainty around the impact of trade disputes on fuel demand weigh on pric
