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$414.70
-24.27 (-5.53%)
At Close: Jun 05, 2026
Why U.S. oil production isn't a huge threat to OPEC+ market share anymore
06:00am, Tuesday, 04'th Jun 2024
Assuming domestic oil production has reached its limit for now, the U.S. could pose less of a threat to OPEC+ market share moving forward.
Oil Holds Near Four-Month Low as OPEC+ Plan Spurs Supply Concern
12:46am, Tuesday, 04'th Jun 2024
OPEC+ set out a timetable for gradually unwinding some of its oil production cuts, sparking a debate about whether the market will be able to absorb those extra barrels. Bloomberg News' Ziad Daoud di
WTI Oil Sinks to Multi-Month Low Amid Concerns Over Voluntary OPEC+ Cuts
10:05pm, Monday, 03'rd Jun 2024
West Texas Intermediate (WTI), a proxy for U.S. oil prices, fell more than 3% to a near-four-month low on Monday as investors fretted over a complex Organization of the Petroleum Exporting Countries a
Oil prices extend losses on worries of supply rising later in 2024
08:34pm, Monday, 03'rd Jun 2024
Oil prices eased in early trade on Tuesday, extending their losses from the previous session when prices fell to their lowest in four months, as investors worried about supply ticking up later in the
Oil Weakness is Due to Concerns Over Future Demand
04:11pm, Monday, 03'rd Jun 2024
OPEC is a supply story and the weakness we are seeing is due to concerns over future demand, notes Carley Garner. She discusses crude oil market in focus.
Oil market is in 'show-me-the-barrels mode': Analyst
01:29pm, Monday, 03'rd Jun 2024
Oil prices (BZ=F, CL=F) are trading lower on Monday after OPEC+ announced an extension of production cuts into 2025. Bob McNally, founder & president of Rapidan Energy, joins Catalysts to discuss his
Oil prices little changed after OPEC+ extends output cuts
08:57am, Monday, 03'rd Jun 2024
OPEC+ extended 3.6 million barrels per day in production cuts through the end of 2025. OPEC+ members will phase out 2.2 million bpd in voluntary cuts over 12 months starting in October.
Oil prices choppy after OPEC+ plans to begin phasing out voluntary cuts in Q4
07:32am, Monday, 03'rd Jun 2024
Oil futures traded lower early Monday after swinging between gains and losses as traders assessed a decision by OPEC+ to extend cuts by the group into 2025 but to begin unwinding some additional, volu
Should You Invest in the VanEck Oil Services ETF (OIH)?
07:21am, Monday, 03'rd Jun 2024
Launched on 12/20/2011, the VanEck Oil Services ETF (OIH) is a passively managed exchange traded fund designed to provide a broad exposure to the Energy - Equipment and services segment of the equity
Two energy expects discuss oil prices as OPEC+ extends production cuts again
07:19am, Monday, 03'rd Jun 2024
Amena Bakr, Senior Research Analyst at Energy Intelligence, and Helima Croft, Head of Global Commodity Strategy at RBC Capital Markets, discuss oil prices following the latest OPEC+ production decisio
Saudi Aramco Share Sale: Oil Giant Holds Roadshows to Drum Up Foreign Demand
06:46am, Monday, 03'rd Jun 2024
Saudi Aramco's top executives are set to hold a series of events in London and the US to drum up demand for the oil giant's $12 billion share sale, five years after it scrapped an international roadsh
OPEC+ Extends Oil Cuts But Lays Out Plan to Bring Barrels Back
02:14am, Monday, 03'rd Jun 2024
OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back online later this year. Bloomberg News' Anthony DiPaola discusses with J
OPEC+ Extends Cuts But Plans to Bring Some Oil Back Later This Year
09:39pm, Sunday, 02'nd Jun 2024
OPEC+ agreed on Sunday to extend voluntary supply reductions in a bid to support the energy market. But, as Joumanna Bercetche reports, the group also set a date to begin bringing some oil back online
Oil prices slip despite OPEC+ production cut extension
08:37pm, Sunday, 02'nd Jun 2024
The group agreed to extend cuts of 3.66 million barrels per day by a year until the end of 2025. It will also prolong the cuts of 2.2 million barrels per day by three months until the end of September
OPEC agrees to keep oil production cut, likely maintaining high prices through November election
05:40pm, Sunday, 02'nd Jun 2024
The OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.
