News

August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...
Crude oil prices declined after OPEC agreed to raise production by 548,000 barrels per day in August. Oil prices also came ...
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
Oil futures rose as the market took a sanguine view of the OPEC+ decision to raise its output target by 548,000 barrels a day in August. Brazil, Guyana and Argentina are driving a fast-growing share ...
Oil on Monday shrugged off the impact of OPEC+ hiking output more than expected for August as well as concern about the ...
Russia’s oil data show crude output was below its OPEC+ target in June, according to people familiar with the figures.
Stock markets diverged while the dollar strengthened Monday as countries fought to hammer out trade deals days before US ...
Members to raise production by 548,000 bpd in August, reversing cuts faster than expected; S&P says supply will outstrip ...
Oil prices fell after OPEC+ countries unexpectedly announced a more significant increase in oil production in August than ...
The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Crude oil futures were lower and OCBC said prices were expected to face further downward pressure in 2H following OPEC+’s announcement to quicken supply hikes.