Oil Rises as Sanctions Hit Russian Exports and Lukoil Declares Force Majeure
Oil prices gained on Tuesday as fresh U.S. sanctions on Russian oil disrupted exports. OPEC+ Plays the Waiting…
OPEC+ to Pause Output Hikes Next Year as Market Set for Glut
(Bloomberg) — OPEC+ will pause output increases during the first quarter — after making another modest hike next…
Stocks Swoon as Trade Jitters Spur Rush to Bonds: Markets
(Bloomberg) — Flaring trade tensions between the US and China sent shockwaves across markets Friday, hammering stocks, oil…
Tech Stock Rally Loses Steam in Afternoon Trading: Markets
(Bloomberg) — The rally in tech stocks took a breather as equities pulled back from record highs. AI…
OPEC Rejects Media Reports of Major Output Hike Ahead of G8 Meet
OPEC has slammed the brake on speculation, flatly rejecting media reports that the G8 is preparing to hike…
OPEC Seen Likely to Approve Another Output Hike for November
(Bloomberg) — OPEC will likely raise oil output again in November as the group continues its strategy to…
Stock Buyers Step In as Data Keep Fed Bets in Play: Markets
(Bloomberg) — A renewed wave of dip buying lifted stocks in the final stretch of the week after…
UBS Sees Brent Oil Prices Staying in the High $60s in Tight Market
Brent Crude oil prices are set to stay in the near term at the upper end of the…
Nigeria’s crude oil production hits 1.8 mbpd, surpasses OPEC quota
Nigeria’s crude oil production surged to 1.8 million barrels per day, mbpd, in July 2025 to surpass the…
BP makes its biggest oil and gas discovery in 25 years – London Evening Standard
BP makes its biggest oil and gas discovery in 25 years London Evening StandardBP makes its largest oil and…
U.S.-E.U. Trade Deal Lifts Oil By Over 2.5%, But Will The Rally Last?
Oil wells between Sundre and Olds, in Alberta, Canada on May 22, 2025. (Photo: Artur Widak) NurPhoto via…
Global Stock Rally Snaps in Asia, Dollar Rises: Markets Wrap
(Bloomberg) — A seven-day global stock rally lost steam in Asia, as uncertainty over the Federal Reserve’s rate-cut…