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$165.99
-5.03 (-2.94%)
At Close: Jun 05, 2026
OPEC+ agrees to extend oil-production cuts in effort to boost prices
12:06pm, Sunday, 02'nd Jun 2024
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
Oil alliance OPEC+ extends production agreement into 2025
08:50am, Sunday, 02'nd Jun 2024
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
OPEC+ Agrees to Extend Production Cuts in Bid to Boost Oil Prices
07:42am, Sunday, 02'nd Jun 2024
The deal comes the same day Saudi Arabia launches a share sale for Aramco, yielding billions for the country's economic transformation.
Oil giant Saudi Aramco begins massive share sale to raise around $12 billion
04:05am, Sunday, 02'nd Jun 2024
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
This is a rhythm of 'stupidity out of Washington': U.S. Oil and Gas Association President
05:00am, Saturday, 01'st Jun 2024
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.'
Saudi Aramco Is Selling Shares. Why It Trades Differently Than Most Oil Stocks.
02:00am, Saturday, 01'st Jun 2024
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 talks how to play oil after worst month of 2024
07:15pm, Friday, 31'st May 2024
Paul Sankey, Sankey Research president and lead analyst, joins 'Fast Money' to talk how to navigate oil and energy investing right now.
OPEC+ Gets Crumbs Of Comfort From 15% Uptick In India's Monthly Oil Demand
03:41pm, Friday, 31'st May 2024
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
US oil producers maintain modest growth as OPEC+ eyes extended cuts
02:10pm, Friday, 31'st May 2024
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
Goldman Sachs: Oil demand will 'plateau,' not decline after peaking
10:00am, Friday, 31'st May 2024
Nikhil Bhandari, co-head of APAC natural resources and clean energy research at Goldman Sachs, discusses his outlook for oil demand and the implications for both upstream and downstream energy compani
U.S. crude oil on pace for worst month of year ahead of weekend OPEC+ meeting
08:54am, Friday, 31'st May 2024
OPEC+ members on Sunday are expected to review voluntary output cuts of 2.2 million barrels per day. Oil market analysts generally agree that group will likely keep those cuts in place.
Oil prices steady as traders await OPEC+ decision on production cuts
07:34am, Friday, 31'st May 2024
Oil futures were little changed early Friday, but were on track for their first monthly declines of 2024 as traders fretted over gasoline demand and awaited a weekend decision on production cuts by th
Oil price forecasts cut as supply risks trend lower
07:07am, Friday, 31'st May 2024
Analysts have lowered their 2024 oil price forecast for the first time since February, reflecting lower risks to supply from ongoing wars in the Middle East and Ukraine, a Reuters poll showed on Frida
Oil giant Saudi Aramco offers a second stock tranche worth billions of dollars
05:39am, Friday, 31'st May 2024
Saudi Arabia said Friday it will sell a second sliver of stock in its state oil giant Aramco worth billions of dollars, its first tranche since its initial public offering back in 2019.
Oil alliance OPEC+ could extend production cuts this weekend as focus shifts away from Middle East tensions, sources say
01:14am, Friday, 31'st May 2024
The oil-producing Organization of the Petroleum Exporting Countries and its allies could extend existing output cuts this week, delegates and analysts tell CNBC, even as focus shifts from Middle East
