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Crude futures slid after OPEC+ agreed to raise output by 411,000 barrels a day in June, speeding up the gradual return of 2.2 million barrels a day in voluntary production cuts.
Some analysts have dubbed the broad-based selloff of U.S. stocks, Treasuries, and the dollar the "Sell America" trade. U.S. stocks were mixed. Trade policy is still looming large as markets also await ...
Oil prices and company earnings estimates look like they still have room to fall, and the stocks may be in for another leg ...
The European Investment Bank (EIB) has committed to providing €350 million in loans to support renewable energy projects in Bangladesh, with the European Union contributing an additional €45 million ...
The S&P 500 is coming off its longest winning streak in decades. Follow for live updates on stocks, bonds and markets, including the Dow Jones Industrial Average, S&P 500 and Nasdaq Composite ...
With the additional OPEC+ output, Morgan Stanley raised its expected supply surplus for oil liquids in the second half of this year to 1.1 million barrels a day from 700,000 barrels a day, and for ...
Oil prices fell by more than three percent on Monday following the decision by the Organization of the Petroleum Exporting ...
Brent crude oil futures were already dipping to nearly $61 a barrel before this announcement, and prices might go below $60 ...
Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...
Crude oil was down 4% Sunday night, as OPEC once again announced a production increase, a move by OPEC that will eventually ...
Oil prices tumbled below $60 per barrel for the first time since February 2021. Lower oil prices have been a blessing for a ...
There's one great reason why Frontline is outperforming Exxon and Conoco stocks today. Uh-oh. OPEC is up to something, and it ...
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