This move helped ease concerns over a possible crude oil supply constraint. At 9.54 am on Monday, June Brent oil futures were at $66.91, down by 1.55 per cent, and June crude oil futures on WTI ...

Crude oil posted its third straight weekly gain, buoyed by intensifying U.S. sanctions on key exporters and persistent signs of tightening global supply. Despite a Friday pullback on recession ...

1524 ET – Crude futures rise for a third week in a row as U.S. sanctions against Iranian and Venezuelan oil raise some near-term supply concerns, even with OPEC+ due to start unwinding some ...

The selloff is also fueled by OPEC+’s unexpected decision to increase oil supply by three times the planned amount next month. ([email protected]) ...

Oil prices are headed for a weekly loss of more than 5% after U.S. President Donald Trump's tariff blitz and OPEC+'s plans for a larger-than-expected supply ... Fitch's BMI research unit wrote.

Shares of NextDecade climbed after the company announced a 20-year liquefied natural gas sale-and-purchase agreement with a subsidiary of Saudi Arabian Oil Co ... the Aramco unit will purchase ...

Xu Tianchen of the Economist Intelligence Unit noted that China has ... signs of demand recovery or coordinated supply discipline. Until then, the oil market remains under pressure, caught between ...

Oil (CL=F, BZ=F) prices are being influenced by a mix of supply and demand factors. Rebecca Babin, CIBC senior energy trader, joins Trader Talk podcast host Kenny Polcari on Catalysts to discuss ...

TOKYO (Reuters) - Oil prices nudged higher on Thursday on concerns about tighter global supply after the U.S. tariff threat on Venezuelan oil buyers, while market players also grappled with the ...

NEW YORK (Reuters) - Oil prices edged higher on Thursday as traders assessed a tightening of crude supplies along with new U.S. tariffs and their expected effect on the world's economy.

Iraq’s crude and oil product exports fell by 110,000 barrels per day (bpd) from a year earlier to 3.7 million bpd in the first quarter of 2025, per data from Energy Research Unit cited by Shafaq ...