Oil prices rose on Monday after OPEC+, led by Saudi Arabia, announced a pause to planned production increases in the first quarter of 2026.
Oil Trades Near Five-Month Low as US-China Trade Tensions Deepen
Oil prices hovered near a five-month low on Wednesday amid mounting US-China trade tensions and growing concerns over a global supply glut.
Global Oil Market Poised for Record Supply Glut in 2026
WTI crude fell to around $64.50 a barrel, its lowest in two months, after forecasts from the IEA and US government pointed to a growing oil surplus and record-high inventories
Oil futures decline as Iran reaffirms its commitment to nuclear non-proliferation.
Oil futures edged lower after Iranian Foreign Minister Abbas Araqchi reaffirmed Tehran’s commitment to the nuclear Non-Proliferation Treaty.
Goldman: Oil Could Fall Below $40 Amid Global Slowdown
Goldman Sachs has warned that oil prices could plunge below $40 per barrel by late 2026 if a U.S.-led trade war triggers a global economic downturn and major producers ramp
Oil plunges – BP share price tumbles 20% over three trading day’s
BP shares have slumped to their lowest level since the pandemic, hit hard by a steep decline in oil prices.
Global oil demand forecast lowered as Trump’s tariffs disrupt trade.
Global oil demand growth is expected to slow as Donald Trump’s tariff war weighs on the global economy.
Wall Street Edges Higher as Investors Weigh Jobs Data, Await Powell’s Speech
US stock markets moved higher in volatile trading as investors digested the latest jobs report and looked ahead to Federal Reserve Chair Jerome Powell’s speech later today.
Oil is forecast to fall to as low as $60 per barrel in 2025 “drill, baby, drill”
Drivers can expect relief at the pump in the coming year as economists forecast that Donald Trump’s initiatives to boost US oil production will drive down prices.
OPEC Oil Output Increases in November, Driven by Libya
OPEC’s oil production increased for the second consecutive month in November, driven by Libya’s rebound following the resolution of a political crisis.
Oil prices climb as OPEC+ cartel postpones key meeting
Oil prices surged on Thursday morning following news that the OPEC+ cartel had postponed its upcoming meeting to next week.
Oil prices climbed further as OPEC+ announces an extension of its production cuts by a month
Oil prices climbed further on Monday, with gains exceeding $1 per barrel following OPEC+’s decision to postpone its scheduled output increase by a month. The market now faces a pivotal