News

Goldman Sachs trims its oil-price forecast following OPEC+ production increase
Goldman Sachs has cut its oil-price forecasts following a decision by OPEC+ to boost production by 411,000 barrels per day starting in June, the second-straight monthly increase for the cartel. Goldma ...
Why OPEC Plus Is Increasing Oil Supplies Despite Falling Prices
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Oil Sinks as OPEC+ Supply Surge Threatens to Swamp Global Market
Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...
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Oil prices drop after OPEC+ agrees to ramp up production despite tepid demand
Oil prices have dropped, days after OPEC+ agreed to accelerate production for a second straight month. Why it matters: ...
Stock Market Today: Dow, S&P 500 and Nasdaq set to open lower, oil skids on OPEC+ production and dollar drops
The S&P 500 is headed for its longest winning streak in more than 20 years. That doesn’t mean the worst is over for stocks.
OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Exxon and Chevron hold the line against tariffs, OPEC, and plunging oil prices
Exxon Mobil and Chevron are pushing back on “shortsighted” investors and maintaining their growth plans even as they feud ...
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The Trade War Is Already Hurting Oil Demand
IEA, OPEC, and EIA all revised 2025 growth down by 150,000–400,000 bpd amid worsening trade and economic outlooks.