OPEC+ production increased by 349,000 bpd in June, less than the planned 411,000 bpd hike. Saudi Arabia reported output above quota but said excess barrels were stored, not supplied. Iraq restrained ...
A fresh oil production hike by OPEC+ has sent yet another clear signal to the international crude market that its focus remains firmly on a higher market share. At their meeting on Sunday, eight ...
Crude oil futures fell sharply Wednesday, reversing the previous session's gain, after Reuters reported OPEC and its allied producers may consider another production increase for October at the ...
July WTI crude oil (CLN25) Friday closed down -0.15 (-0.25%), and July RBOB gasoline (RBN25) closed down -0.0221 (-1.08%). Crude oil and gasoline prices today fell to 3-week lows. Dollar strength ...