Oil News: Crude Drops 2% on Iran Talks Progress and Economic Worries
Oil futures fall over 2% on Iran nuclear deal progress and OPEC+ output plans, pressuring crude oil prices and dimming near-term demand outlook.
Oil Falls After Iran Says Talks With U.S. to Continue
Oil fell in the early Asian session after Iran said that talks with the U.S. would continue after a ‘positive' meeting, which could potentially lead to an easing of sanctions on the oil-producing Middle Eastern country.
Oil prices slip 1% after progress in US-Iran talks
Oil prices fell more than 1% at Monday's open in Asia after nuclear talks between the United States and Iran progressed, easing supply concerns.
Expert sounds alarm on oil prices, warning of ‘lower lows'
Experts warn of potential risks in the oil market as global uncertainty looms. Transcript: CARLEY GARNER: Crude oil has had a nice little rally obviously in the last week or two.
Crude Oil Price Forecast: Bull Breakout Eyes $65 Price Zone
Crude oil surged through resistance and confirmed a bullish breakout, with traders now watching $65.89 to $69.31 as key upside target zones.
Oil giant BP braces for shareholder showdown over green strategy U-turn
Britain's BP is bracing for a shareholder backlash at its annual general meeting on Thursday, with a chorus of disgruntled investors planning to voice their concerns over the firm's green strategy U-turn. Asset manager Legal & General, a leading shareholder in BP, said it intends to vote against the reelection of outgoing Chair Helge Lund, a position that would defy BP's management recommendation.
U.S. Energy Secretary: America's shale industry will ‘survive and thrive' despite tanking oil prices
U.S. Energy Secretary Chris Wright discusses his bullish outlook on America's shale industry amid plunging crude prices and mounting OPEC+ supply.
Crude Oil and Natural Gas Technical Analysis: Rebound Potential as Key Support Levels Hold
WTI crude oil is consolidating to form a support zone, while natural gas prices approach the key level of $3.
Oil Rises Amid Prospects of U.S.-China Trade Negotiations
Oil rose in the early Asian session amid prospects of U.S.-China trade negotiations.
U.S. Crude Oil Stockpiles Rise for Third Straight Week
U.S. crude oil inventories rose by 515,000 barrels, while gasoline and distillate stockpiles fell as refineries lowered their capacity use.
Oil News: Trade Talk Hopes and Iraq Cut Boost Crude Oil Futures Ahead of EIA Data
Crude oil futures rise 1% on bullish trade talk signals and Iraq's output cut plan, though IEA and OPEC demand downgrades keep oil outlook bearish.
European Commission to wean off Russian oil, gas imports after Trump criticism
The European Commission is expected to vote on a "comprehensive" strategy to cut off Russian oil and gas imports three years after the start of its war on Ukraine.
