The eight OPEC+ nations on Saturday agreed to increase their crude oil production by 548,000 barrels per day starting in ...

The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...

Monday closed down -0.41 (-0.63%), and August RBOB gasoline (RBQ25 ) closed up +0.27 (+0.13%). Crude oil and gasoline prices ...

A portfolio manager pointed out a “unique” market development that could already be helping to tighten global crude ...

Global oil production fell by 1% in 2024 while demand continued to grow, widening the supply gap, OPEC reported.

Iraq emerged as the largest OPEC crude oil supplier to the United States in May, driven by strong export volumes and ...

OPEC+ raises oil production by 548K barrels/day in August amid steady economic outlook & low inventories. Read more here.

Eight OPEC producers agreed to lift crude output by 548,000 barrels per day in August, exceeding the anticipated 411,000 ...

From a technical perspective, WTI has found support near the 38.2% Fibonacci retracement of the January–April decline at ...

WTI crude oil (CLQ25 ) today is up +0.48 (+0.73%), and August RBOB gasoline (RBQ25 ) is down -0.63 (-0.30%). Crude oil and gasoline prices today are mixed, with crude prices climbing to a 1-week high.

Oil prices ticked down on Tuesday as prospects of more supply from OPEC and allies weighed on market sentiments.