Oil prices are forecasted to face a glut in 2026, forcing OPEC+ to maintain production cuts against global supply and ...
January WTI crude oil (CLF26) on Tuesday closed down -1.55 (-2.73%), and January RBOB gasoline (RBF26) closed down -0.0514 ...
Exxon Mobil (NYSE:XOM) shares reached a new 52-week high yesterday, closing amid a resurgence in investor confidence. In ...
This downward movement in CPI growth—which remains positive and well above the Fed's two-percent target—reflects, in part, ...
Crude oil prices fell to levels not seen since the start of 2021 as a widely expected supply glut picked up momentum and peace talks in the Russia-Ukraine conflict took steps forward. Futures on ...
Oil is being pushed aside even as positioning, policy and reality begin to diverge. Beneath the noise of surpluses and low ...
Keep in mind that this is a very negative market, and there are a lot of things out there working against crude oil.
OPEC+ approved a small 137,000 bpd rise—its seventh monthly hike—but prices climbed because the increase is modest. Several members are still below quotas or compensating for past overproduction. U.S.
The latest survey by the Federal Reserve Bank of Dallas has revealed lingering pessimism in oil markets, with executives ...
Farran Powell is the managing editor of investing at Forbes Advisor. She was previously the assistant managing editor of investing at U.S. News & World Report. Her work has appeared in numerous ...
Oil surged after new U.S. sanctions on Russian energy firms, but the size of the move reflects more than geopolitics. Tight positioning in the futures market left traders primed for a sharp reaction.