12 h. ago OPEC+ Agrees Another Oil Supply Surge in June, Delegates Say

OPEC+ agreed on another output surge in June, accelerating a revival of supply for a second month as the group’s leaders seek to chastise overproducing members in a strategy shift that has already sent crude prices plunging.

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12 h. ago OPEC+ Agrees Another Supply Surge in June to Deepen Oil Rout

OPEC+ agreed to surge output again in June, as the group’s leaders continue an accelerated revival of supply aimed at punishing over-producing members that has sent crude prices plunging.

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45 h. ago Oil Renews Slide Before OPEC+ Meeting That May Agree Supply Hike

Oil declined at the end of a volatile week as traders weighed a potential supply hike from OPEC+ and the trade war’s risks to demand, against a fresh threat of US sanctions against Iranian flows.

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45 h. ago Oil Rises as Traders Parse Signals on Trade Before OPEC+ Meeting

Oil rose, paring a steep weekly loss, as traders weighed the possibility of US-China trade talks and a fresh sanctions threat against Iranian flows against a potential supply hike from OPEC+.

Economics

2 d. ago Oil Holds April’s Slump as Saudis Signal Increased OPEC+ Supply

Oil was little changed after posting its biggest monthly decline since 2021, as signs that the Saudi-led OPEC+ alliance may be entering a prolonged period of higher production added to concerns the global trade war will squash demand.

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9 d. ago Oil Holds Decline With Focus on OPEC+ Supply and Tariff Outlook

Oil held a decline as investors weighed the prospect of more OPEC+ supply and the fallout from trade tensions between the US and China.

Economics

1 week ago Newsom Wants to Work with Refiners to Keep a Lid on California Gas Prices

Governor Gavin Newsom is urging California’s energy commission to work with the oil industry on maintaining fuel supply and refining in the state, less than a week after Valero Energy Corp. said it is planning to close its San Francisco Bay area refinery.

Economics

2 w. ago Canada’s oilpatch set to pull ahead as falling prices put U.S. shale in ‘death zone’

Eric Nuttall says Canada has the ability to be 'one of the last men standing' in oil supply

Economics

2 w. ago Oil Rises a Second Day After US Cracks Down on Iranian Supply

Oil rose for a second day after the US vowed to reduce Iran’s energy exports to zero.

Other

2 w. ago Canada could be ‘last man standing’ for oil supply: Eric Nuttall

Watch: Nuttall says Canadian oil producers are stronger than U.S. rivals

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3 w. ago US Can Slash Iran Oil Supply and Help Fill the Gap, Wright Says

US sanctions can slash Iran’s oil exports to a quarter of current levels, with shale producers among global suppliers that would help fill the gap, Energy Secretary Chris Wright said.

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