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Oil Set for Weekly Loss After OPEC+ Supply Plan Rattles Market
Bloomberg via Yahoo Finance· 32 minutes ago(Bloomberg) -- An unexpected plan by OPEC+ to return some supply this year has put oil on track for...
Oil Rises as OPEC Ministers Reiterate Output Path May Be Changed
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- Oil gained for a second session as expectations waned that OPEC and its allies will...
Oil Climbs as Traders Eye Price Floor Despite US Stockpile Gain
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Oil advanced from a four-month low as traders tried to establish a price floor after...
Russia sees May oil revenue jump 50% as sanctions lose their impact
Offshore Technology via Yahoo Finance· 13 hours agoOil-related taxes rose to Rbs632.5bn ($7.1bn) just last month, based on Finance Ministry data....
Aramco Cut Oil Prices to Asia for July Amid Demand Concerns
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Saudi Aramco lowered prices for all of its oil to Asia next month, the first...
Russia Oil Revenue Rose 50% in May as Nation Adapts to Sanctions
Bloomberg via Yahoo Finance· 1 day ago(Bloomberg) -- Russia’s oil proceeds to the state budget increased almost 50% in May from a year...
Energy Hedge Funds Stung by Low Volatility in Sleepy Oil Market
Bloomberg via Yahoo Finance· 10 hours ago(Bloomberg) -- Cayler Capital and Northern Trace Capital were among the energy-focused funds stung...
OPEC+ Ministers Reject Bearish Reaction to Output Increase
Bloomberg via Yahoo Finance· 15 hours ago(Bloomberg) -- OPEC+ ministers rejected oil’s bearish reaction to its decision to gradually boost...
Oil Algorithmic Traders Amplify Crude Price Rout After OPEC’s Surprise
Bloomberg via Yahoo Finance· 2 days ago(Bloomberg) -- Oil traders that rely on trend-following algorithms compounded a selloff in crude...
OPEC+ Works on Output Cut Accord That May Stretch Into 2025
Bloomberg via Yahoo Finance· 7 days ago(Bloomberg) -- OPEC+ is pressing on with informal talks aimed at finalizing an agreement on oil...