NYSEARCA:UCO

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At Close: Jun 08, 2026
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+ 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
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
The OPEC+ alliance has agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.

OPEC+ Extends Production Cuts Into Next Year

03:16pm, Sunday, 02'nd Jun 2024
The OPEC+ alliance, which includes Saudi Arabia and Russia, two of the world's Top 3 oil producing countries, met in Riyadh, Saudi Arabia at the 37th OPEC and non-OPEC Ministerial Meeting. The group r
OPEC+ oil group awaits concrete interest rate cuts before factoring impact on demand: Saudi energy minister
OPEC+ agreed on Sunday to extend production cuts in an effort to support oil prices in the face of worries about global demand and rising U.S. output, but will begin to phase out some voluntary reduct
The influential Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, on Sunday agreed to extend its official crude output agreement into 2025. The coalition w
The deal comes the same day Saudi Arabia launches a share sale for Aramco, yielding billions for the country's economic transformation.
Books opened early Sunday morning offering a price range between 26.70 ($7.12) and 29 Saudi riyals per share. Aramco on Thursday announced its plan to sell 1.545 billion shares — a stake of around 0
U.S. Oil and Gas Association President Tim Stewart reacts to Democrats asking DOJ to probe 'Big Oil' over high gas prices on 'The Bottom Line.'
The shares trade more like a bond than a stock, paying out healthy dividends but rarely joining the rallies and selloffs that define the energy sector.
Paul Sankey, Sankey Research president and lead analyst, joins 'Fast Money' to talk how to navigate oil and energy investing right now.
As crude oil trading in May reaches its conclusion and OPEC+, a select group of Russia-led oil producers and the Organization of the Petroleum Exporting Countries (OPEC) spearheaded by Saudi Arabia, c
U.S. oil drillers are sticking to pledges to temper spending on boosting output, keeping the world's top crude producer on course for slower growth in 2024 in what may ease pressure on OPEC+ to make f
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