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At Close: Jun 04, 2026
OPEC+, a group comprising the Organization of the Petroleum Exporting Countries and allies including Russia that pumps around 40% of the world's crude, has been cutting oil output since November in th
Mixed economic data, supply concerns, and weak WTI crude demand create uncertainty in the near-term oil market.
Oil prices held steady on Tuesday as markets weighed supply woes from cuts for August by top exporters Saudi Arabia and Russia against economic data that hinted at weak crude demand.
Helima Croft, RBC Capital Markets head of commodity strategy, joins 'Closing Bell Overtime' to discuss Saudi Arabia and Russia announcing oil supply cuts for August.
Saudi Arabia and Russia announced additional production cuts but traders focused on recession risks.
Saudi Arabia and Russia, the world's biggest oil exporters, deepened oil cuts on Monday, sending prices higher despite concerns over a global economic slowdown and possible further interest rate incre
Rob Thummel, Tortoise Ecofin senior portfolio manager, joins 'Squawk on the Street' to discuss why energy is poised for a good second half of the year, how long it will take his thesis to work its way
The crude oil market initially tried to rally during the trading session on Monday but struggled at the 50-Day EMA in both grades.
Portfolio investors have become exceptionally bearish about crude oil as global economic growth slows and production cuts from Saudi Arabia and its OPEC⁺ allies have failed to lift prices.
Shares of oil and gas companies traded broadly higher Monday, as crude oil prices climbed toward a fourth-straight gain. The Energy Select Sector SPDR exchange-traded fund XLE, +0.64% rallied 0.8% in
A potential rebound in oil prices, reduced dealmaking in the oil and gas industry, increased consumption of renewable energy, and rising U.S. crude output could define the global energy market in the
Investors await OPEC conference for oil cues as US rig decline hints at production slowdown; OPEC decisions and US output to shape market dynamics.
Oil prices slipped in early Asian trade on Monday as global macroeconomic headwinds and possible further interest rate hikes from the U.S. Federal Reserves offset forecasts of tighter supplies amid OP
The oil market has flashed a warning to Saudi Arabia: The world economy is weakening, and the kingdom's efforts to boost prices have run into a wall of excess supply.

Are oil bears missing supply risks ahead?

08:00pm, Friday, 30'th Jun 2023
Geopolitical pressures loom over oil supply and pricing heading into the second half of 2023. Claudio Galimberti, Rystad Energy SVP and Head of Americas Research, joins Yahoo Finance Live to examine c
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