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Oil rises
Oil slips on buildup in US gasoline stocks; eyes on weekend OPEC+ meeting
Oil prices drifted lower on Thursday after a surprise jump in U.S. gasoline inventories, with investors focusing on the OPEC+ meeting this weekend to discuss oil output policy.
Report: OPEC+ set to delay oil production strategy meeting
It's not easy to decide oil strategy in the current climate. Sources from CNBC suggest that OPEC+ has decided to postpone its coming meeting from Dec. 1 to Dec. 5, giving the group a few extra days to figure out the next steps on crude production.
Oil rises as Israel-Hezbollah ceasefire violated, OPEC+ delays meeting
Oil prices rose nearly 1% Thursday after Israel reported ceasefire breaches with Hezbollah, reigniting Middle East tensions. Brent hit $72.90 a barrel, recovering recent losses. Meanwhile, OPEC+ postponed its meeting,
14h
Robust Fuel Markets Are Throwing a Lifeline to Gloomy Oil Bulls
With oil prices headed for a second annual decline and a widely expected surplus in 2025 fast approaching, bullish traders ...
18h
on MSN
Maine Sues Major Oil Companies Over ‘Ongoing Deception’ About Climate Change
The lawsuit is just the latest alleging a decades-long disinformation campaign about global warming and the companies' ...
10h
on MSN
Inglewood Oil Field owner sues California for ‘illegal’ terminating of operations
The law "represents an illegal attempt to coerce an individual company to stop operation of its legal business," oil field ...
U.S. News & World Report
23h
Oil Edges Lower After Jump in US Gasoline Stocks, OPEC+ Supply Decision in Focus
(Reuters) -
Oil
prices edged lower in Asian trading on Thursday, after a surprise jump in U.S. gasoline stocks ahead of the ...
19h
Asia likely to benefit from cheaper Canadian, Mexican oil if Trump imposes tariffs
Oil producers in Canada and Mexico will likely be forced to reduce prices and divert supply to Asia if U.S. President-elect ...
1d
on MSN
Trump Treasury Nominee’s Oil Math Doesn’t Add Up
Boosting energy production is easier said than done, and the effect on the government deficit isn’t clear either.
15h
Oil prices end mixed as attention turns to OPEC+ decision on crude production
U.S. and global benchmark crude prices settled mixed after a cease-fire between Israel and Iran-backed Hezbollah eliminated ...
Opinion
1d
Opinion
Trump’s Oil and Gas Math Fails to Add Up
The incoming administration’s "drill, baby, drill" demand will fall on deaf ears unless rising prices encourage more ...
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