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Until recently, oil traders complained that it was almost impossible to wring profits out of a listless and rangebound crude ...
The Manila Times on MSN1d
Gas, diesel prices to go up next week
GASOLINE and diesel prices are expected to increase next week due to US sanctions against Iran and a plan by some OPEC+ member-countries to cut on oil production, local industry sources said Friday.
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
Shares of oil and gas major stocks ExxonMobil ( XOM 2.56%), Chevron ( CVX 1.74%), and ConocoPhillips ( COP 3.02%) rallied on Thursday, up 3.8%, 3.4%, and 4.2%, respectively, as of 2 p.m. ET.
OPEC+ has the ability to adjust production by slowing or reversing increases if demand continues to decline or external ...
Here's a look at what happened in oil markets in the week of April 14-17 and what the focus will be in the days to come.
MOSCOW, April 16. /TASS/. Russia’s participation in the OPEC+ deal is a limiting factor for the expansion of duties to cover the Russian oil industry, department director of the Russian Finance ...
Iraq plans to cut oil exports this month as it faces growing pressure to adhere to its OPEC+ production target, according to ...
OPEC+ members have submitted plans to compensate for 4.57 million bpd in overproduction, with the bulk of offsets scheduled ...
Eight OPEC+ countries that assumed an obligation earlier on voluntary oil production cuts had an online meeting on April 3 ...
This sharp decline follows the dual impact of OPEC+ unexpectedly increasing production and the imposition of new tariffs by President Donald Trump. On April 4, 2025, Saudi Arabia led an initiative ...
The benchmark diesel price used as the basis for most fuel surcharges fell in tandem with declines in futures prices.