Crude oil futures are rising Monday after the Organization of the Petroleum Exporting Countries and its allies (OPEC+) on Sunday extended their output cuts by one month.

Weak prices are expected to force a rebalancing, with OPEC+ and other producers already signaling adjustments that could ...

Energy markets in 2025 defied narratives as supply, demand, infrastructure, and capital discipline—not policy—determined ...

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks to punish ...

Conventional wisdom in the crude oil market is that producers such as OPEC+ largely determine the price by altering output ...

World oil supply will match demand closely in 2026, OPEC data published on Thursday indicated, an outlook contrasting with projections from the International Energy Agency and others of a huge glut.

February WTI crude oil (CLG26) today is up +0.06 (+0.10%), and February RBOB gasoline (RBG26) is up +0.0055 (+0.31%). Crude oil today extended this week's rally, which has been driven by concern about ...

The major crude-oil producers known as OPEC+ are expected to agree to another monthly hike in oil-output quotas at a meeting this week — despite expectations for a global supply surplus this year and ...

1532 ET – Crude futures post back-to-back weekly losses as the market awaits the outcome of the OPEC+ weekend meeting where the producer group will decide on output levels for June, with many ...

1528 ET – Crude futures settle lower in quiet, range-bound trade ahead of the U.S. holiday weekend. After yesterday’s rally on renewed Middle East geopolitical risk premium, the market was restrained ...

Nearly five years ago, the Saudi Energy Minister said speculators need to “watch out” and threatened to leave them “ouching like hell”. Well, the target appears to have shifted from speculators to the ...

OPEC+ will pause output increases during the first quarter — after making another modest hike next month — as the group balances its push for market share against signs of an emerging surplus. Key ...