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$438.97
+7.75 (+1.80%)
At Close: Jun 04, 2026
Oil Prices Forecast: Inventory Concerns Rise as OPEC+ Extends Output Cuts
02:45am, Wednesday, 06'th Sep 2023
OPEC giants extend voluntary cuts, with crude oil futures nearing 9-month peaks as global inventory concerns rise.
Oil prices edge higher on supply woes as Saudi, Russia extend output cuts
08:29pm, Tuesday, 05'th Sep 2023
Oil prices ticked up on Thursday, as markets worried about a supply shortage after Saudi Arabia and Russia extended their voluntary supply cuts to the end of the year.
Energy ETFs in Focus as Saudi Likely to Prolong Output Cuts
03:02pm, Tuesday, 05'th Sep 2023
The oil market is currently navigating a complex landscape influenced by a mix of factors including OPEC+ output cuts, tightening inventories, and macroeconomic uncertainties.
U.S. oil futures end at highest since November
02:43pm, Tuesday, 05'th Sep 2023
U.S. oil futures settled Tuesday at their highest since November, lifted by news that Saudi Arabia and Russia have decided to extend their production cuts to the end of the year. October West Texas In
Oil prices hit 10-month high as Saudi Arabia, Russia extend supply cuts
02:25pm, Tuesday, 05'th Sep 2023
Both countries said they would review the supply cuts monthly, and could modify them depending on market conditions.
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Rallies As Traders Focus On Production Cuts
02:17pm, Tuesday, 05'th Sep 2023
Saudi Arabia and Russia extended production cuts until the end of this year.
OPEC+ cuts drive crude futures spreads to widest since November
01:46pm, Tuesday, 05'th Sep 2023
Near-term prices for oil traded on Tuesday at their steepest premium since November to later-dated prices after Saudi Arabia and Russia announced plans to extend voluntary oil supply cuts for three mo
Oil outlook: Russia and Saudi Arabia extend voluntary supply cuts, what investors need to know
01:13pm, Tuesday, 05'th Sep 2023
Vectis Energy Partners Principal Tamar Essner joins Yahoo Finance Live to discuss what this means for the oil market. Essner notes that “Saudi Arabia might have a little bit of difficulty because th
Oil Price Touches 2023 High: 5 Energy ETFs Leading the Way
12:47pm, Tuesday, 05'th Sep 2023
Oil rallied to the highest level this year, with U.S. crude touching $85 per barrel and Brent climbing to $87.88 per barrel. The gains were driven by the anticipation of additional supply cuts from ma
Oil prices jump on supply cuts from Saudi Arabia, Russia
12:04pm, Tuesday, 05'th Sep 2023
Oil prices have jumped in the past five days after Saudi Arabia and Russian producers issued extensions to their voluntary supply cuts. Yahoo Finance Markets Reporter Ines Ferre analyzes the move past
Oil prices surge after Saudi Arabia and Russia extend production cuts
11:55am, Tuesday, 05'th Sep 2023
Oil prices hit a new high for the year so far after Saudi Arabia and Russia — the world's biggest crude exporters — said they would extend output cuts by at least another three months.
Oil prices pull back from 2023 highs after downbeat China data
08:51am, Tuesday, 05'th Sep 2023
Oil futures edged lower early Tuesday, pulling back from 2023 highs, after downbeat economic data from China raised worries about global demand.
OIH: The Bullish Trend Continues
07:44am, Tuesday, 05'th Sep 2023
Oil services companies support and enhance the extraction and processing of hydrocarbons, with higher oil prices driving more business. The VanEck Oil Services ETF has outperformed integrated oil comp
Oil Prices Forecast: OPEC Production Cuts vs. Asia's Economic Dip Set Flat Tone
02:40am, Tuesday, 05'th Sep 2023
OPEC's production strategy meets headwinds from China's economic indicators, spotlighting a volatile tug-of-war in crude oil futures.
The greenback is 'losing some influence' in the oil markets — and it means a partial de-dollarization is likely, says JPMorgan
01:12am, Tuesday, 05'th Sep 2023
The US dollar is losing some influence in the oil markets, according to JPMorgan. The correlation between the USD's strength and oil prices has weakened, per the bank's research.
