Crude oil prices may average $65–$70 per barrel in 2025 amid rising supply and weak demand. Analysts expect benefits for Indian oil marketing companies through higher margins, while upstream firms ...

U.S. and global benchmark crude-oil prices touched their lowest levels since February 2021 on Monday after members of the Organization of the Petroleum Exporting Countries and its allies agreed to ...

Berkshire Hathaway fell 5.5% for one of the market’s bigger losses. Legendary investor Warren Buffett announced over the ...

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of ...

The crude oil markets both look fairly weak, but we did see a bit of a bounce form the lows. Because of this, the market looks as if it is going to continue to attempt to find a bottom, in what has ...

RIYADH] Saudi Arabia’s deficit widened significantly to US$15.65 billion in the first quarter of 2025 from US$3.30 billion a ...

OPEC+ eases output cuts despite questionable market fundamentals, leading to bearish oil price outlook in coming months.

Stocks are opening lower on Wall Street and crude prices are falling to a four-year low after the OPEC+ group of ...

Oil prices dropped Monday, as the Organization of the Petroleum Exporting Countries and its allies agreed to boost output again in June, raising concerns about a potential oversupply at a time when ...

Following suit from the previous month, OPEC + has decided upon proliferating oil production, resulting in a challenge to the U.S. shale supply, whilst resulting in a plunge in oil prices.

Oil opened this week down 4 per cent after OPEC+ announced its intention to increase production by 411,000 bpd from June. The ...

U.S. oil prices fell to around $56 a barrel after the OPEC Plus cartel said it would bring more oil to market.