Oil prices settled higher Dec. 3 after an OPEC+ meeting ended with a compromise deal that would see production rising incrementally after December. Receive daily email alerts, subscriber notes & Continue Reading
Fitch Solutions Country Risk & Industry Research has increased its Brent oil price forecasts to 2024, the company’s latest oil price outlook has revealed. According to the latest outlook, which Continue Reading
A closely watched U.S. natural gas price spread flipped to negative, signaling that traders have all but given up already on the prospect of a cold winter. Gas for January Continue Reading
Brent crude, the international gauge for oil prices, may be overhauled to reflect the growing importance of U.S. exports in global energy markets. By March 2022, S&P Global Platts is likely Continue Reading
Crude oil futures slipped during mid-morning trade in Asia Dec. 3 after rallying overnight following fresh reports of COVID-19 vaccine approvals in the UK, crude oil inventory draw in the Continue Reading
Highlights Eyes WTI Midland inclusion from March 2022 Some 440,000 b/d of WTI exported to Europe US crude exports have surged to nearly 3 million b/d S&P Global Platts has Continue Reading
Oil fell before an OPEC+ meeting as powerbrokers in the alliance haggle over output policy after failed talks earlier in the week. Futures in New York traded near $45 a barrel. Continue Reading
Oil jumped the most in a week after a surprise decline in U.S. crude inventories and signals that OPEC+ made progress toward a widely anticipated deal on extending output curbs. Continue Reading
Crude oil futures were lower in mid-morning trade in Asia Dec. 2 following an unexpected build in US crude inventory and amid uncertainty around the outcome of OPEC talks on Continue Reading
Oil slipped for a fourth day after an industry report pointed to a bigger-than-expected increase in U.S. crude stockpiles before a fractured OPEC+ gathers on Thursday to deliberate on its Continue Reading
