OPEC

Regarding the OPC+ meeting and announcement, previous information:Goldman Sachs says the outcome of the OPEC+ meeting is bearish for oilMore from OPEC+: Saudi Energy Minister says waiting for interest rates to fallHSBC kept its Brent crude…

The summary of the OPEC+ meeting on Sunday is:The organization agreed to extend cuts of 3.66 million barrels per day for one year until the end of 2025 (they were scheduled to end at the end of 2024).Agreement to extend cuts of 2.2 million…

curraheeshutter/iStock via Getty Images The price of Brent crude, a key global oil benchmark, is at risk of falling from an estimated range of $75 to $90 per barrel, Goldman Sachs analysts said on Sunday. They said their estimates may…

Slavko Sereda/iStock via Getty Images Crude oil futures added modestly to gains from the previous session on Thursday that followed an unexpected decline in US inventories. A 1.4 million barrel drop in US crude inventories in the week…

High risk warning: Foreign exchange trading involves a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before…

Slavko Sereda/iStock via Getty Images Oil prices recorded their biggest weekly loss in three months, as the market, already concerned about weak demand, dealt with growing speculation that an OPEC meeting in June could expose cracks in…

US Crude Oil Prices and AnalysisUS crude is back close to five-month highsBetter economic data from China, and the US have buoyed hopes of a more balanced oil marketOPEC and Jerome Powell will top Wednesday’s billDownload our Brand New Q2…

Brent Crude News and AnalysisUS crude prices are under pressure againThis year’s strong move has brought out profit takersOPEC Isn’t expected to alter its policy of production cuts next weekLearn why oil fundamentals are crucial to…

Crude Oil Prices and AnalysisUS benchmark crude is closing in on $79/barrel againOPEC has stuck with its relatively bullish medium-term demand forecastsUS stockpiles unexpectedly shrank last weekLearn how to trade oil with our complimentary…

Oil (Brent Crude, WTI) News and AnalysisOPEC+ extends supply cuts for Q2, Russia forced into further cutsBrent crude oil starts the week on the back foot despite extra Russian cutsWTI oil signals bullish fatigue as prices pullback towards…