Natural Gas and Oil Forecast: Can OPEC+ Cuts and Geopolitical Risks Boost Prices?
Rising geopolitical tensions and OPEC+ supply cuts could push prices higher. Are these the catalysts for a bullish trend?
Oil prices rise on Middle East supply risks as Israel steps up attacks
Oil prices edged higher on Monday on increasing concerns of potential supply disruptions from the Middle East producing region after Israel stepped up attacks on Iranian-backed forces.
Oil News: Is Bearish Momentum Set to Drive Crude Prices Below $68.04?
Crude oil faces a bearish week ahead as OPEC+ production increases and weak global demand pressure prices, with key support at $68.04 in focus.
How Middle East tensions could impact the global oil supply
Oil (BZ=F, CL=F) prices spiked in the middle of Friday's trading session on heightened tensions in the Middle East. Andy Lipow, president of Lipow Oil Associates, joins Market Domination to discuss how tensions between Israel and Lebanon could impact the global oil supply.
Oil Price Expected to Weaken If OPEC+ Hikes Supply
Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting from December is adding to market nervousness.
Crude Oil Weekly Price Forecast – Crude Oil Has a Tough Week
Crude continues to see a lot of noisy behavior, as the markets are worrying about the idea of economic growth slowing, or even stopping altogether. With this, the markets are likely to have a lot of volatility over the next few weeks.
Crude Oil Price Forecast – Crude Oil Continues to Look Sickly
In the crude oil markets, we have seen a lot of negative action, and the market is now sitting on top of a major support level, yet again. Can we see some kind of hope going into the next few weeks?
Oil Is Down 7% This Year: Is The Recent Slump A Portent Of Things To Come?
A fresh round of bearishness has clobbered the global oil market in a likely sign of things to come for the remainder of the year and the first half of 2025.
Oil alliance OPEC+ zeroes in on group compliance after postponing output hike
Two OPEC+ delegates, who could only comment anonymously because of the sensitivity of the talks, told CNBC that the coalition has sharpened its focus on the conformity of its members. Undercompliance has been a repeat bane of the OPEC+ alliance, casting a shadow over the credibility of its intentions to cut output.
U.S. crude oil heads for weekly loss as Saudi supplies look set to return
U.S. bnchmark West Texas Intermediate crude is down nearly 6% this week, while global benchmark Brent has pulled back nearly 4%. Oil has fallen on the prospect of rising supplies from OPEC+ combined with soft demand in China.
OPEC+ Focusing on Inventories Over Price Targets: Oil Analyst Sen
Amrita Sen, founder and director of research at Energy Aspects, says OPEC+ is not looking to flood the market with an upcoming increase in production as oil heads for a third straight weekly loss. Sign up for the Energy Daily newsletter, your guide to the energy and commodities markets that power the global economy, from journalists stationed around the world.
Oil steadies, but heads for losing week on prospect of increased supply
Oil futures ticked higher Friday, but remained on track for weekly losses on expectations OPEC+ will boost production before year-end as investors cast doubt on whether an aggressive round of monetary stimulus from China will shore up demand from the world's largest crude importer.
