Oil prices steady with focus on Israel-Hezbollah ceasefire, OPEC+ policy
Oil prices steadied on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah, and ahead of Sunday's OPEC+ meeting of producers.
OPEC’s Dilemma: Another Year of Oil Supply Curbs or Price Slump
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, or risk a renewed price slump.
Oil prices could drop 20% in the next 2 years if the US implements tariffs, Goldman Sachs says
Oil prices could drop to the low $60s by the end of 2026 if demand takes a hit from Trump's sweeping tariffs, Goldman Sachs says.
Oil prices rise as investors weigh OPEC+ discussions, Trump tariffs
Oil prices rose on Tuesday as investors eyed OPEC+ discussions on output and weighed the potential impact of U.S. President-elect Donald Trump's planned trade tariffs on Mexico and Canada. Brent crude futures were up 66 cents,
Will Trump's tariffs plan raise gas prices, electronics, and other needs?
President-elect Donald Trump has issued stark warnings to some U.S. trade partners, threatening to impose substantial tariffs on imported goods. Trump's aggressive stance has sparked some backlash and fueled consumer anxiety,
Canada’s Oil Patch Warns Trump’s Tariffs Would Raise US Gasoline Prices
Canada’s oil industry stressed the economic and security benefits of its exports to the US, while also using President Elect Donald Trump’s threat to impose tariffs on the country’s goods as a chance to criticize Prime Minister Justin Trudeau.
Oil prices rise, with focus on Israel-Hezbollah ceasefire and OPEC+ policy
Oil prices edged up on Wednesday, with markets assessing the potential impact of a ceasefire deal between Israel and Hezbollah and Sunday's OPEC+ meeting, in which the group could delay a planned increase to oil output.
Trump plans no exemption for crude oil imports in potential tariff plan
Crude oil futures gave up early gains to settle lower Tuesday, weighed by an easing global risk premium and a stronger dollar. Israel approved a ceasefire with Hezbollah in Lebanon; initial reports that an agreement was likely helped sink crude prices in the previous session - even though the net effect on global oil supply from the conflict was
Oil prices tick higher as attention turns to OPEC+ decision on crude production
Oil futures edged higher Wednesday, finding a footing after a cease-fire between Israel and Iran-backed Hezbollah eliminated ...
OPEC+ production cuts may support oil prices in near term, Goldman Sachs says
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...
Crude Oil Prices17h
Oil Prices Dip After a Week of Gains
Oil prices drop slightly after initial gains as the market weighs geopolitical tensions involving Russia, Ukraine, and Iran's ...
Wall Street Journal on MSN11h
Oil Prices Edge Higher Amid Supply Concerns
0113 GMT — Oil prices edge higher in early Asia trade on reports of potential further delays to OPEC’s planned production hikes, ANZ research analysts say in a commentary. Key OPEC+ nations have ...
U.S. News & World Report16h
Oil Prices Steady Amid Focus on Israel-Hezbollah Ceasefire, OPEC+ Policy
TOKYO (Reuters) - Oil prices steadied in early trade on Wednesday, with markets assessing the potential impact of a ...
Crude Oil Prices17h
Goldman Sachs Expects No Change in Oil Prices Next Year
Goldman Sachs expects oil prices to remain relatively stable in 2025, citing ample spare capacity and potential Iranian ...