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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
OPEC+ considers raising oil output by 550,000 bpd in August, sources say
02:55am, Saturday, 05'th Jul 2025
OPEC+ will consider raising oil output by around 550,000 barrels per day in August at its meeting on Saturday, up from the monthly increases of 411,000 bpd it approved for May, June and July, two sour
Natural Gas, WTI Oil, Brent Oil Forecasts – Oil Retreats As Traders Wait For OPEC+ Production Decision
02:29pm, Friday, 04'th Jul 2025
Oil markets are losing ground ahead of OPEC+ meeting.
OPEC+ may make larger oil output hike on Saturday, sources say
02:16pm, Friday, 04'th Jul 2025
OPEC+ may make an increase in oil output for August at its meeting on Saturday that is larger than the 411,000 barrels per day (bpd) hikes it made for May, June and July, three sources familiar with O
Crude Oil Price Outlook – Crude Oil Slips in Holiday Trading
10:35am, Friday, 04'th Jul 2025
The oil markets continued to see a lot of back and forth, but in the shortened holiday session on Friday, we saw the market drop a bit. Nonetheless, it looks like there is still a significant amount o
OPEC oil output rises in June on Saudi and UAE hikes, Reuters survey finds
09:24am, Friday, 04'th Jul 2025
OPEC oil output rose in June, a Reuters survey found, led by Saudi Arabia after an OPEC+ agreement to raise production, although the increase was limited as Iraq pumped below target to compensate for
OPEC+ set to make another accelerated oil output hike on Saturday, sources say
07:32am, Friday, 04'th Jul 2025
Eight OPEC+ countries are likely to make another accelerated oil output increase for August at a meeting on Saturday, sources from the producer group told Reuters, as they seek to regain market share.
Oil News: Iran Talks Ease Crude Oil Fears, OPEC Production Hike in Focus
06:08am, Friday, 04'th Jul 2025
Iran talks ease crude oil fears as OPEC plans an output hike. Traders watch WTI, Brent levels and tariffs for the next oil prices forecast.
Food Prices Rose in June, Driven by Meat, Vegetable-Oil Increases
04:37am, Friday, 04'th Jul 2025
Food prices rose in June as higher meat, vegetable-oil and dairy prices offset lower cereal and sugar prices, the Food and Agriculture Organization of the UN said.
Weaker dollar boosts competitiveness of non-oil sectors: Economist
03:39am, Friday, 04'th Jul 2025
Monica Mailk, Chief Economist at Abu Dhabi Commercial Bank, talks about how a weaker dollar and sensitive treasury yields will affect Gulf economies.
Natural Gas and Oil Forecast: Sanctions, Supply Talks, and Chart Patterns Shape Outlook
03:01am, Friday, 04'th Jul 2025
Natural gas hovers above $3.30 as bearish momentum builds. Oil prices rebound 2% weekly amid sanctions and OPEC+ supply concerns.
Oil Market: OPEC+ Weighs Other Super-Sized Hike in Production
02:06am, Friday, 04'th Jul 2025
The Organization of the Petroleum Exporting Countries and its partners are meeting this weekend via video-conference. OPEC+ is expected to deliver another substantial production hike.
Oil prices steady on solid job market, tariff uncertainty
08:49pm, Thursday, 03'rd Jul 2025
Oil prices were little changed on Friday as a solid job market bolstered the case for the U.S. Federal Reserve keeping interest rates on hold, with investors also awaiting clarity on President Donald
Barclays raises Brent forecast to $72 per barrel for 2025
07:04pm, Thursday, 03'rd Jul 2025
Barclays on Thursday said it raised its Brent oil price forecast by $6 to $72 per barrel for 2025 and by $10 to $70 a barrel for 2026 on an improved outlook for demand.
Crude Oil Price Forecast: Holds Breakout Gains, Eyes Key Fibonacci Levels
04:46pm, Thursday, 03'rd Jul 2025
Crude oil held support after a breakout, confirming a bullish reversal pattern with upside targets as high as $73.31 based on Fibonacci retracements and price structure.
Trump megabill gives the oil industry everything it wants and ends key support for solar and wind
02:56pm, Thursday, 03'rd Jul 2025
The One Big Beautiful Bill Act gives the oil, gas and coal industries historic access to federal lands while ending key tax credits for solar and wind. President Donald Trump has been openly hostile t
