45 h. ago Oil curve watched by OPEC is tanking just before supply meeting

The decline of oil’s forward curve suggests the organization has good reason to be cautious

Other

48 h. ago OPEC+ set to increase oil production again as Saudi and Russia debate size, say sources

After dipping more than 7 per cent this week, oil prices are expected to take another hit this weekend as members of the global oil cartel OPEC+ meet to discuss production cuts.

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9 d. ago Oil Set for Big Weekly Gain as Pressure on Russia Intensifies

Oil headed for its biggest weekly gain in more than three months as US President Donald Trump increased pressure on buyers of Russian energy in a bid to end the war in Ukraine.

Other

1 week ago Oil Edges Up With Focus on Russian Crude Flows, Refinery Strikes

Oil edged higher, clawing back last week’s loss as traders gauge the impact of European Union moves on Russian supply and strikes by Ukraine on the OPEC+ member’s energy infrastructure.

Other

2 w. ago California Oil Merger Set to Benefit From Well Permitting Boom

California Resources Corporation, which is set to take over rival oil driller Berry Corp, stands to benefit from state legislation that would make it easier to drill.

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3 w. ago Oil Edges Higher as Traders Weigh OPEC+’s Modest Output Increase

Oil rose following a weekly decline ahead of an OPEC+ meeting on Sunday, which led to an agreement for a modest production boost in October, highlighting some caution from the group as the market faces a glut.

Economics

last month Dollar Heads for Fifth Weekly Loss as Jobs Data Seals Fed Cuts

The dollar extended its longest losing streak since April 2023 after a report on the US labor market showed surprising weakness, prompting traders to lock in an interest-rate cut by the Federal Reserve this month.

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last month Oil Set for Weekly Loss as Tension Builds Ahead of OPEC+ Meeting

Oil fell for a third day, heading for a weekly decline ahead of an OPEC+ meeting that may see the group sign off on another supply hike.

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