News

By Erwin Seba HOUSTON (Reuters) -Brent crude rose more than $1 a barrel on Friday morning and oil prices were on track for ...
Upside for crude oil is likely to remain limited while OPEC+ maintains a trajectory of production hikes. Click to read.
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
The spread between U.S. West Texas Intermediate and Brent crude futures narrowed to its tightest level since September 2023 on Friday as U.S. prices rose on a sliding rig count and Canadian wildfires ...
Hedge funds boosted their bullish stance on US crude by the most in five months as wildfires endangered Canadian flows and ...
Crude oil futures slipped on Friday, impacted by weak global demand. WTI and Brent crude also saw declines.
HSBC warns its $65 Brent crude forecast may be overly optimistic due to rising OPEC+ production and a looming post-summer ...
Crude rose more than US$1 a barrel on Friday, posting its first weekly gain in three weeks after a favorable US jobs report ...
HSBC expects OPEC+ to accelerate supply hikes in August and September, which is likely to raise downside risks to the bank's ...
Crude oil futures slipped on Wednesday, impacted by weak global demand and reduced trading positions. WTI and Brent crude ...
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...
A meaningful upside in oil prices seems limited as the recent rally has been driven more by geopolitical risks than by ...