The U.S. SPR is needed not to replace lost imports but to help moderate global prices in a crisis and minimize economic ...
Economies and markets periodically experience “sea changes” or disruptions, with oil undergoing such a conversion today, ...
Oil prices were edging higher ahead of key U.S. inflation data that will offer more cues on the path of interest rates. Brent crude and WTI were both up 0.5% at $88.22 and $84.03 a barrel, ...
Brent crude futures surged 13.4% to $87.26/barrel due to Middle East tensions, OPEC cuts, attacks between Ukraine and Russia, ...
Source: Streetwise Reports 04/19/2024 Are we at the start of a commodities supercycle? We sat down with McAlinden Research to ...
The International Monetary Fund expects OPEC and its partners to start increasing oil output gradually from July. Oil Price ...
They see the two-year Treasury yield at 4.30% by the end of 2024. Its forecast sees the 2-10-year maturity segment of the Treasury curve remaining inverse this year--with shorter-dated bond yields ...
Oil prices fell at Asia's open on Monday, dragged down by a renewed focus on market fundamentals, as Israel and Iran played ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a target to push oil price to $100 a barrel. The decision was anything but ...
The group cut its non-OPEC supply growth forecast ... Driven by Iran, Saudi Arabia, Gabon and Kuwait, overall OPEC crude-oil production in March rose slightly to 26.604 million barrels a day ...
NEW YORK: Stocks rose with oil amid optimism major crude producers will work to cut output and ease a supply ... country is ready for an accord with OPEC. “This is a headline-driven situation ...