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OPEC's oil output increase in May was less than planned, as some members compensated for previous overproduction, according ...
OPEC’s crude oil production rose by 180,000 barrels per day (bpd) to 27 million bpd in May, with producers part of the OPEC+ ...
The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...
The Organisation of Petroleum Exporting Countries and its allies (OPEC+) recorded a decline in crude oil output in May 2025, ...
Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions ...
Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...
Over the weekend, Israeli forces targeted a natural gas plant linked to Iran’s massive South Pars field, its largest gas ...
Latest war developments have stoked concerns about disruptions to the Strait of Hormuz, a vital oil shipping passage. Read ...
Looking ahead, investors will watch closely for updates on the Israel-Iran conflict, the US Federal Reserves decisions, and ...
Iran is reportedly considering closing the Strait of Hormuz, a critical global oil chokepoint, as tensions with Israel ...
If oil supplies are disrupted, U.S. President Donald Trump will likely call on the OPEC+ alliance led by Saudi Arabia to tap ...
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Barchart on MSNCrude Prices Retreat as Iran Seeks to End HostilitiesWTI crude oil (CLN25) today is down -2.42 (-3.32%), and July RBOB gasoline (RBN25) is down -0.0238 (-1.07%). Crude oil prices ...
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