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Tag: Oil
Gulf of Mexico to maintain stable oil and gas production levels through 2026
The US Energy Information Association (EIA) forecasts that crude oil production in the Gulf of Mexico (GOM) will remain stable,…
Norway’s oil fund calls for urgent reform of European capital markets
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.…
Commodity Radar: Crude Oil caught between war winds and OPEC’s supply surge. 3 things charts suggest
Crude oil prices traded steady on Wednesday as concerns over higher output from OPEC+ groups were partially offset by supply…
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+…