The Latest Breaking News from OPEC

July WTI crude oil (CLN23 ) this morning is up +2.59 (+3.80%), and July RBOB gasoline (RBN23 ) is up +2.85 (+1.17%). July Nymex natural gas (NGN23 ) is down -0.104 (-4.59%). Crude oil and gasoline prices this morning are sharply higher on strong economic data and a decline in...

OPEC+ meets this weekend with oil prices sagging lower. Meanwhile, energy stocks dropped early Wednesday, with CVX and XOM both slumping.

July WTI crude oil (CLN23 ) this morning is down -2.92 (-4.02%), and July RBOB gasoline (RBN23 ) is down -10.93 (-4.22%). July Nymex natural gas (NGN23 ) is down -0.124 (-5.13%). Crude oil and gasoline prices this morning are sharply lower, with crude falling to a 2-week low and...

Despite lingering macroeconomic headwinds, the energy sector is well-placed for significant growth this year. Sustained energy demand worldwide and constrained supplies are expected to boost oil and gas prices. Energy producers Marathon Oil (MRO) and Shell (SHEL) should benefit from the sector’s bright growth prospects. But which of these stocks…

The energy industry’s enduring tailwinds are driven by the soaring demand for oil and gas. Amid this, the energy stock Energy Transfer LP (ET) delivered a solid first-quarter result. Is the stock a buy now? Read more to find out….

July WTI crude oil (CLN23 ) on Thursday closed down -2.51 (-3.38%), and July RBOB gasoline (RBN23 ) closed down -6.74 (-2.57%). Crude oil and gasoline prices Thursday fell sharply. A rally in the dollar index Thursday to a 2-1/4 month high was bearish for energy prices. Also, the outlook...

July WTI crude oil (CLN23 ) this morning is down -3.01 (-4.05%), and July RBOB gasoline (RBN23 ) is down -9.74 (-3.72%). June Nymex natural gas (NGM23 ) is down -0.059 (-2.46%). Crude oil and gasoline prices this morning are sharply lower. A rally in the dollar index today to...

Russian Deputy Prime Minister Alexander Novak said on Thursday he expected no new steps from the OPEC+ group of oil producers at its meeting in Vienna on June 4, Russian media reported, after the group announced a significant output cut earlier this year.

July WTI crude oil (CLN23 ) on Tuesday closed up +0.86 (+1.19%), and July RBOB gasoline (RBN23 ) closed up +2.11 (+0.83%). Crude oil and gasoline prices Tuesday settled moderately higher, with crude posting a 1-1/2 week high and gasoline climbing to a 5-week high. Crude prices jumped Tuesday after...

SET-listed Thai Oil Plc (TOP), the oil refinery arm of national oil and gas conglomerate PTT Plc, expects a better outlook for oil trading this year, with the global demand and supply of oil believed to be almost equal.

June WTI crude oil (CLM23 ) this morning is down -0.67 (-0.93%), and June RBOB gasoline (RBM23 ) is down -0.29 (-0.11%). June Nymex natural gas (NGM23 ) is up +0.077 (+2.97%). Crude oil and gasoline prices this morning gave up an early advance and are moderately lower. A risk-off...