Oil Prices Climb 1% After Iran Says US Navy Ship Struck; OPEC+ Plans 188k Output Hike
Crude oil futures shrugged off an OPEC+ announcement of a drastic output increase, days after the United Arab Emirates confirmed it would be withdrawing from…
Posts Tagged: OPEC
Crude Oil Futures Top $100 as UAE Announces Shock Exit From OPEC
US crude oil futures topped $100 a barrel after global energy markets reacted to the shock announcement that the United Arab Emirates (UAE) plans to…
Oil Prices Flat After OPEC+ Pauses Crude Output Increase in Early 2026
Crude oil futures ticked up slightly after the world’s largest oil cartel announced plans to suspend production hikes in the new year. Oil prices have…
Crude Oil Futures Extend Slump on More Global Supply, US Drawdown
Crude oil futures tumbled in the middle of the trading week as traders anticipated more supply entering global energy markets. Oil prices plummeted earlier in…
Crude Oil Prices Rise, Post July Gain As Investors Monitor Trump Tariffs
Crude oil futures picked up modest gains in the middle of the trading week as investors monitor supply developments. Oil prices had kicked off the…
Crude Oil Prices Seesaw As Investors Digest US Storage Data, Trade News
Crude oil futures seesawed in a tight trading range in the middle of the trading week as investors digest new US storage data and monitor…
Crude Oil Prices Hold Steady After Surprise US Storage Build
Crude oil futures remained flat in the middle of the trading week as storage levels surged and investors continued to digest additional supply from major…
Crude Oil Prices Slip During Quiet Fourth of July Holiday Session
Crude oil futures slipped on the Fourth of July holiday trading session as tariff uncertainty and higher supply expectations weighed on energy prices to finish…