Crude oil prices traded steady on Wednesday as concerns over higher output from OPEC+ groups were partially offset by supply…
Tag: Oil
Wall Street drifts higher as oil prices jump and US manufacturing slumps
NEW YORK (AP) — U.S. stock indexes drifted closer to their records on Monday, coming off their stellar May, which…
Oil prices surge: OPEC+ production increase fuels oil surge amid geopolitical tensions
Oil surged after OPEC+ increased production less than some had feared and geopolitical concerns flared over Ukraine and Iran. The…
Oil rebounds after OPEC+ sticks to same output hike in July vs June
By Florence Tan SINGAPORE (Reuters) – Oil prices rebounded more than $1 a barrel in early Asian trade on Monday…
OPEC+ oil producers stick to their guns with another big hike for July
By Alex Lawler, Olesya Astakhova and Ahmad Ghaddar LONDON/MOSCOW (Reuters) -The world’s largest group of oil producers, OPEC+, stuck to…
Oil under $65 a boon for consumers, but a burden on producers
US President Donald Trump‘s tariffs, his call to “drill baby drill” and especially a decision by OPEC+ to hike crude…
Opec+ to boost oil output for third consecutive month
Stay informed with free updates Simply sign up to the Oil myFT Digest — delivered directly to your inbox. Opec+…
Oil Futures Retreat After Boost From Tariff Ruling
The boost to oil from a U.S. court ruling against President Trump’s trade tariffs proves short-lived, and futures turn lower…
Shares finish down with investors focused on Nvidia results, oil prices gain
(This story has been refiled to add a dropped word in the headline) By Chibuike Oguh NEW YORK (Reuters) -Global…
Oil climbs after Trump extends EU trade talks deadline to July
Oil prices gained in early Asian trade on Monday after U.S. President Donald Trump extended a deadline for trade talks…