Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. Oil prices dipped by 2% as the market anticipates the OPEC+ meeting this ...
CNOOC Ltd, China’s top offshore crude oil and natural gas producer, booked a 13% drop in first-half earnings as record-high domestic and overseas oil and gas production couldn’t offset the decline in ...
HOUSTON, Aug 29 (Reuters) - Oil prices fell on Friday as traders looked toward weaker demand in the U.S., the world's largest oil market, and a boost in supply this autumn from OPEC and its allies.
HOUSTON, Sept 5 (Reuters) - Oil prices fell on Friday as a weak U.S. jobs report dimmed the outlook for energy demand, while swelling supplies may grow further after OPEC and allied producers meet ...
Oil prices defied doubters all summer, staying elevated despite a growing risk of oversupply. But the market can’t outrun reality forever. Oil production is on track to grow by 2.5 million barrels a ...
Oil prices were falling again on Thursday, with OPEC+ set to meet this weekend. The cartel is considering pumping out more crude, Reuters reported Wednesday, citing people familiar with the ...
October WTI crude oil (CLV25) on Tuesday closed up +1.58 (+2.47%), and October RBOB gasoline (RBV25) closed up +0.0739 (+3.75%). Crude oil and gasoline prices on Tuesday rallied sharply and posted ...
October WTI crude oil (CLV25) is down -1.91 (-3.01%), and October RBOB gasoline (RBV25) is down -0.0576 (-2.87%). Crude oil and gasoline prices are sharply lower after a report that Saudi Arabia wants ...
China’s Cnooc Ltd. saw profits slump in the first half of the year as oil prices tumbled amid tariff volatility and muted demand in its domestic market. The nation’s largest offshore oil driller ...
Crude futures climbed Wednesday as heightened geopolitical tensions outweighed bearish U.S. stockpile data. The Energy Information Administration reported crude inventories rose by 3.9 million barrels ...
It’s the end of the strongest oil demand season of the year, and Denton Cinquegranna, Chief Oil Analyst at OPIS, joins Barron’s Laura Sanicola to discuss the current state of oil markets. Donald Trump ...
ConocoPhillips of Houston on Wednesday announced plans to reduce its global work force by up to 25 percent. By Rebecca F. Elliott In the last couple of years, the largest U.S. oil companies gobbled up ...
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