The Latest Breaking News from OPEC

Although global oil demand is projected to grow, it’s happening more slowly. In this climate, investing in fundamentally sound companies such as EOG Resources, Inc. (EOG), Energy Transfer LP (ET), and Sabine Royalty Trust (SBR) could be wise. These firms offer not just reliable dividend income but also strong potential…

The Japanese unit was also boosted by bets on a Kamala Harris presidency after she was considered to have come out on top in her US presidential debate with Donald Trump and superstar Taylor Swift endorsed her.

Oct WTI crude oil (CLV24 ) Thursday closed down -0.05 (-0.07%), and Oct RBOB gasoline (RBV24 ) closed down -3.60 (-1.84%). Crude oil and gasoline prices settled lower on Thursday, with crude posting an 8-3/4 month nearest-futures low and gasoline falling to a 2-3/4 year nearest-futures low. Energy demand concerns...

Oct WTI crude oil (CLV24 ) today is up +0.43 (+0.62%), and Oct RBOB gasoline (RBV24 ) is down -3.07 (-1.56%). Crude oil and gasoline prices today are mixed, with gasoline falling to a 2-3/4 year nearest-futures low. Today's decline in the dollar index is bullish for energy prices. Short-covering...

Oct WTI crude oil (CLV24 ) Wednesday closed down -1.14 (-1.62%), and Oct RBOB gasoline (RBV24 ) closed down -1.59 (-0.80%). Crude oil and gasoline prices Wednesday added to Tuesday's sharp losses, with crude falling to an 8-3/4 month low and gasoline falling to a 2-3/4 year nearest-futures low. Weaker-than-expected...

Oct WTI crude oil (CLV24 ) today is down -0.26 (-0.37%), and Oct RBOB gasoline (RBV24 ) is down -0.80 (-0.40%). Crude oil and gasoline prices today added to Tuesday's sharp losses, with crude falling to an 8-3/4 month low and gasoline falling to a 2-3/4 year nearest-futures low. Weaker-than-expected...

Oct WTI crude oil (CLV24 ) Tuesday closed down -3.21 (-4.36%), and Oct RBOB gasoline (RBV24 ) closed down -11.55 (-5.52%). Crude oil and gasoline prices plunged Tuesday, with crude falling to an 8-month low and gasoline falling to a 2-3/4 year nearest-futures low. Tuesday's rally in the dollar index...

The oil and gas industry is set for long-term growth, driven by strong oil demand, geopolitical tensions, OPEC+ production strategies, and technological advancements in exploration and production. Hence, investors seeking both value and growth could consider fundamentally strong oil and gas stocks: Obsidian Energy (OBE), Energy Transfer (ET), and PrimeEnergy…

Oct WTI crude oil (CLV24 ) today is down -2.88 (-3.92%), and Oct RBOB gasoline (RBV24 ) is down -9.40 (-4.49%). Crude oil and gasoline prices today are sharply lower, with crude falling to a 7-1/2 month low and gasoline falling to an 8-1/2 month low. Today's rally in the...