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$429.81
+15.11 (+3.64%)
At Close: Jun 08, 2026
Why OPEC+ is accelerating oil production as prices are tanking and tariffs hammer markets
05:26am, Friday, 04'th Apr 2025
The oil price outlook is being hit with more bearish forecasts on the back of U.S. President Donald Trump's sweeping and market-hammering tariff announcements. Markets were therefore stunned when OPEC
Food Prices Flat in March as Vegetable Oil Increases Offset Falls Elsewhere, UN Says
04:49am, Friday, 04'th Apr 2025
The Food and Agriculture Organization index was broadly unchanged on February's level but remains up 6.9% on year.
BP Chair Helge Lund to Step Down Amid Push for Changes at Oil Major
03:08am, Friday, 04'th Apr 2025
The British energy company said Lund is likely to step down sometime next year, as activist investor Elliott Management pushes for changes at the British oil major.
Natural Gas and Oil Forecast: Bearish Pressure Builds with OPEC+ Output Hike and Trade Risks
02:58am, Friday, 04'th Apr 2025
OPEC+ surprises with a 411,000 bpd output hike, pushing WTI oil near $66 and raising fears of weak global demand and trade-driven economic slowdown.
Oil Prices: OPEC+ Announcement Stuns Market
02:55am, Friday, 04'th Apr 2025
The OPEC+ alliance will increase supply by three times the planned amount in May in what delegates described as a deliberate effort to drive down prices to punish the group's cheats. Crude was alrea
BP chair Helge Lund to step down after oil major pledges strategic reset
02:20am, Friday, 04'th Apr 2025
British oil major BP on Friday said its chair Helge Lund will step down, kickstarting a succession process with support from the wider board.
Goldman cuts oil price forecasts amid tariff fears, higher OPEC+ supply
12:26am, Friday, 04'th Apr 2025
Goldman Sachs lowered its forecast for Brent crude's average price this year by 5.5% to $69 a barrel and for WTI prices by 4.3% to $66, citing the risks of higher OPEC+ supply and the global trade war
Oil Edges Lower, Weighed by U.S. Tariffs, OPEC+ Supply Increase
08:28pm, Thursday, 03'rd Apr 2025
Oil edged lower in the morning Asian session, weighed by U.S. tariffs and OPEC+'s supply increase.
Crude Oil Price Forecast: Crude Oil Plunges to 17-Day Low
04:46pm, Thursday, 03'rd Apr 2025
Oil's sharp decline triggered a bearish weekly signal, with sellers in control. Fibonacci support at $66.20 may indicate a short-term floor before further moves.
RBC's Helima Croft on eight key OPEC+ producers raising combined crude oil output
03:54pm, Thursday, 03'rd Apr 2025
Helima Croft, global head of commodity strategy at RBC Capital Markets, joins CNBC's 'Power Lunch' to discuss the oil market as eight OPEC+ producers accelerate crude oil output hikes, whether the pri
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Dives 5% As Traders React To Trump Tariffs
02:48pm, Thursday, 03'rd Apr 2025
OPEC+ decision to boost production in May put additional pressure on markets.
Oil prices plunge as OPEC+ boosts output
02:24pm, Thursday, 03'rd Apr 2025
Oil prices plunged on Thursday, marking the steepest decline since 2023, as markets reacted to a combination of increased OPEC+ production and new U.S. tariffs that heightened concerns over global eco
Update On Oil Services And The OIH ETF Product (Rating Upgrade)
01:37pm, Thursday, 03'rd Apr 2025
Crude oil prices are in a bearish trend, with NYMEX futures trading below $70 per barrel and geopolitical factors potentially pushing prices lower. The U.S. administration's "drill-baby-drill" policy
Oil Prices Drop Amid Worries About Trump Tariffs as OPEC+ Increases Supply More than Expected
12:41pm, Thursday, 03'rd Apr 2025
Oil prices dropped Thursday amid worries about an escalating trade war from Trump's tariffs, as OPEC and its allies sped up plans to increase output and unwind supply cuts.
Oil Got a Tariff Exemption. Why It's Plunging Anyway.
12:08pm, Thursday, 03'rd Apr 2025
The commodity is being hit by several other things, including global fallout from the Trump tariffs and increased OPEC production.
