Oil prices make modest moves as attention turns to OPEC+ decision on crude production
Oil futures seesawed between modest gains and losses Wednesday after a cease-fire between Israel and Iran-backed Hezbollah eliminated much of the remaining risk premium around a wider Middle Eastern conflict.
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 near term upside to Brent prices, Goldman Sachs said.
Goldman Sachs: OPEC+ Cuts Provide Near-Term Upside to Oil Prices
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil prices.
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.
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 supply as key factors.
Top Oil Traders Say OPEC+ Has Little Room to Increase Supply
OPEC+ has few options when it comes to bringing back the oil production capacity it has been keeping off the market, according to some of the world’s top energy trading houses.
U.S. oil prices pare gains after a smaller-than-expected fall in U.S. crude supplies
Oil futures pared their early gains Wednesday after the Energy Information Administration reported that U.S. comm ...
U.S. News & World Report20h
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 ...
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.
The Ultimate High-Yield Oil Stock to Buy With $500 Right Now
Right now, the best stock pick from that elite group is probably Chevron (NYSE: CVX). What do integrated energy giants like ...
What would Trump's tariffs mean for gas prices in Wisconsin?
Wisconsin and other Midwest states rely heavily on oil from Canada, which would be subject to a 25% tariff under Trump's ...
Wall Street Journal on MSN15h
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 ...