Search results
Don't join downside bets on oil prices as OPEC+ unlikely to flood market: UBS By Investing.com
Investing.com· 1 day agoOil prices have been reeling from fears of oversupply after OPEC+ decided to extend output cuts, but...
Saudi Arabia cuts July Arab Light crude oil OSP to Asia
WSAU Wausau· 1 hour agoBy Robert Harvey LONDON (Reuters) - Saudi Arabia set its flagship Arab Light crude oil official selling price (OSP) to Asia at plus $2.40 versus Oman/Dubai ...
Oil Remains Under Pressure Amid OPEC+ Phase out Plan, U.S. Inventory Build
The Wall Street Journal· 21 hours agoOil prices edged higher but remained under pressure amid bearish sentiment in the market following...
Russia Oil Revenue Rose 50 Pct in May as Nation Adapts to Sanctions
Rigzone· 8 hours agoRussia’s oil proceeds to the state budget increased almost 50% in May from a year ago, as its crude...
Oil rises on strengthening Fed rate cut expectations
Investing.com· 3 hours agoOil rose in early Asian trading on Thursday on rising expectations the Federal Reserve will cut interest rates in September, and as the market rebounded...
Oil Prices Drop Further on Post-OPEC+ Supply Worries
The Wall Street Journal· 1 day agoExxon Mobil fell 1.6%, while Occidental Petroleum was off 1.1%. Worries about increased supply have weighed on the market, especially after a weekend...
EV sales boom in Nepal, helping to save on oil imports, alleviate smog
Associated Press via Yahoo News· 6 minutes agoNepal’s abundant hydroelectric power is helping the Himalayan nation cut its oil imports and clean...
Oil prices see 'oversold bounce' after recent losses as traders weigh a rise in U.S. supply
Morningstar· 10 hours agoOil futures settled higher on Wednesday, with prices recouping a portion of their losses from a five-session decline. Official U.S. data revealing weekly gains in commercial ...
Oil Extends Advance on Technical Support After OPEC+ Selloff
Bloomberg· 6 hours agoOil rose for a second session even as Saudi Arabia signaled concerns over the demand outlook with...
Oil prices rise but hover near four-month low on OPEC+ supply increase later this year
CNBC· 16 hours agoYasir Al-Rumayyan, chairman of Saudi Arabian Oil Co. (Aramco), speaks during a news conference in...