News

The trading slump may be confined to Shell, the biggest European energy company, but it could also be indicative of ...
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
Crude oil outlook turns bearish as geopolitical risks ease, OPEC plans a supply hike, and demand signals remain weak ahead of ...
AUD/USD consolidates latest gains below 0.6550 as RBA Governor Bullock's press conference gets underway early Tuesday. The Aussie's uptick was driven by the RBA's surprise policy decision. The RBA ...
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...
OPEC+ jolted markets by announcing it would flood the market with more oil.
Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.
U.S. stock-market futures declined as the Trump administration said a broad swath of tariffs against U.S. trade partners won’t take effect until Aug. 1, rather than July 9.