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OPEC, oil price
Crude oil prices today: WTI is trading at $67.30
The Brent/WTI spread has historically ranged between $4/bbl and $8/bbl, but it can expand or contract based on factors related to U.S. and international supply and demand conditions. For example, the Brent/WTI spread hit nearly $14/bbl in April 2011 when protests sparked market fears of significant oil supply disruptions in the Middle East.
Oil prices slide 3% on prospect of more OPEC+ oil
Oil prices fell more than 3% on Thursday on a Financial Times report that Saudi Arabia, the world's top crude exporter, will give up its $100 price target in preparation for raising output, along with OPEC members and allies in December.
Oil Price Expected to Weaken If OPEC+ Hikes Supply
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting from December is adding to market nervousness.
2d
on MSN
Oil prices mark a weekly loss on prospect of increased supply
Oil futures edged higher in Friday dealings but remained on track for a weekly loss on expectations OPEC+ will boost ...
2d
on MSN
Oil prices fall as expectations of higher supplies hammer market sentiment
Oil prices fell for a third day on Friday, on course to end the week lower, as investors focused on expectations of higher ...
2d
Why oil prices have plunged 3% today
Oil markets spiraled on the news, falling as much as 4% on Thursday. A report that Saudi Arabia would ditch its unofficial ...
Opinion
4h
Opinion
Mills: EIA expects oil and natural gas prices to rise
Mills: Crude oil and natural gas prices were flat the first half of September, but the Energy Information Administration ...
2d
Analysis-US Gulf Coast Oil Prices to Take Center Stage as Exports Dominate
However, not long after the U.S. lifted its ban on crude exports in 2015 amid a shale boom that turned the country into the ...
8h
Futures File: Helene sinks oil prices
Though hurricanes can interrupt oil production from the Gulf of Mexico and nearby refineries, the supply threat does not always result in higher prices for the most widely traded Texas crude oil.
Crude Oil Prices
1d
Oversupply Fears Are Pushing Oil Prices Lower
Oil prices are under pressure after reports that Saudi Arabia may be returning to its strategy of securing market share, sparking oversupply concerns.
KMA Land
1d
Oil Prices Move Higher On Interest Rate Cut
(KMAland) -- The Federal Reserve cut interest rates by half a point, a little larger than some economists had expected. With ...
2d
on MSN
Oil Prices Are Rising Today: What You Need To Know
Shares of United States Brent Oil Fund, LP (ARCA: BNO) are trading higher Friday as oil prices react to escalating tensions ...
Midland Reporter-Telegram
1d
Oil prices drop 5% on rising OPEC supply, weak China demand
Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...
3d
Oil prices turn sharply lower on reports Saudi Arabia set to raise output
Crude oil prices fall as OPEC+ plans production hike, Saudi Arabia to raise output, while Libya and China developments impact ...
3d
on MSN
Oil Prices, Stocks Fall Hard Despite Broad Rally in Commodities
Prices of copper and steel rose as reports emerged that China will add more stimulus measures to boost its economy.
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