The Latest Breaking News from OPEC

June WTI crude oil (CLM24 ) on Wednesday closed up +0.61 (+0.78%), and June RBOB gasoline (RBM24 ) closed up +3.72 (+1.51%). Crude oil and gasoline prices rebounded Wednesday from 2-1/2 month lows and finished moderately higher. Crude prices initially moved lower after the IEA cut its 2024 global crude...

June WTI crude oil (CLM24 ) today is up +0.11 (+0.14%), and June RBOB gasoline (RBM24 ) is up +2.53 (+1.03%). Crude oil and gasoline prices rebounded from 2-1/2 month lows and are slightly higher. Crude today initially moved lower after the IEA cut its 2024 global crude demand forecast....

June WTI crude oil (CLM24 ) on Tuesday closed down -1.10 (-1.39%), and June RBOB gasoline (RBM24 ) closed down -5.09 (-2.03%). Crude oil and gasoline prices closed moderately lower Tuesday, with gasoline falling to a 2-1/2 month low. Crude prices are under pressure on concern several OPEC+ members may...

June WTI crude oil (CLM24 ) this morning is down -1.16 (-1.47%), and June RBOB gasoline (RBM24 ) is down -5.37 (-2.14%). Crude oil and gasoline prices this morning are moderately lower, with gasoline falling to a 2-1/2 month low. Crude prices are under pressure on concern several OPEC+ members...

OPEC remains optimistic about oil demand, highlighting stability and growth opportunities in the energy sector.

June WTI crude oil (CLM24 ) on Monday closed up +0.86 (+1.10%), and June RBOB gasoline (RBM24 ) closed up +1.08 (+0.43%). Crude oil and gasoline prices posted moderate gains on Monday. A weaker dollar on Monday was supportive of energy prices. Crude also climbed after the Chinese government started...

June WTI crude oil (CLM24) this morning is up +0.55 (+0.70%), and June RBOB gasoline (RBM24) is up +1.50 (+0.60%). Crude oil and gasoline prices today are moderately higher. A weaker dollar today is supportive of energy prices. Crude also climbed after the Chinese government started selling 1 trillion yuan...

June WTI crude oil (CLM24 ) today is down -0.15 (-0.19%), and June RBOB gasoline (RBM24 ) is down -0.0180 (-0.71%). June WTI crude oil prices today edged to a new 1-1/2 week high but then lost ground. Crude oil prices are consolidating just mildly above Wednesday's 1-month low. Crude...

The energy sector will likely experience significant growth as demand for oil and gas is unlikely to decline anytime soon. Oil prices will likely rise due to ongoing geopolitical conflicts, possible supply squeeze, and robust global demand. Therefore, investors could consider buying quality energy stocks, Transportadora de Gas del Sur…

OPEC's shift to 'call on OPEC+' reflects a collaborative approach with non-OPEC members like Russia and Mexico to address global oil demand challenges.

June WTI crude oil (CLM24 ) on Thursday closed up +0.27 (+0.34%), and June RBOB gasoline (RBM24 ) closed up +1.00 (+0.39%). Crude oil and gasoline prices Thursday posted modest gains. A weaker dollar (DXY00 ) Thursday was bullish for energy prices. Also, better-than-expected Chinese trade news shows strength in...