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Oil Edges Up as Saudis Bet Market Can Absorb OPEC+ Output Hike
Oil crept higher as Saudi Arabia surprised customers in Asia by hiking prices for its main crude grade, signaling a vote of ...
The Edge Singapore59m
Russia’s crude production stayed below OPEC+ target in June
Last Saturday, eight OPEC+ nations agreed to raise production by 548,000 barrels a day in August, taking advantage of strong ...
Why oil prices are 'surprisingly stable' despite OPEC+ August output hike and coming end to tariff reprieve
Crude prices remained "surprisingly stable" on Monday, even after the group of major oil producers known as OPEC+ announced over the weekend a higher-than-expected [production increase of 548,000]( ...
NYMEX Overview: Petroleum Futures Higher, but Backing Away from Early Highs -- OPIS
August RBOB is trading close to its highs of the day, but ULSD has backed off more than 4cts since peaking at $2.4356/gal. For the moment, August RBOB is turning in a slightly better performance. The ...