Brent crude futures fell 35 cents, or 0.5%, to $66.64 a barrel by 0810 GMT, while U.S. West Texas Intermediate crude dropped 33 cents, or 0.5%, to $63.15.

Read More »

Oil prices ease as investors await OPEC+ output decision

Oil prices drifted down in early trading on Friday for the third straight day as investors awaited an OPEC+ meeting this weekend that will consider further output hikes.

Read More »

Oil Price Cap Fails to Curb Russian Exports

Western sanctions against Russia, including the oil price cap, have largely been ineffective in significantly impacting Russia's oil revenues or overall economic health.

Read More »

Oil prices ease on surprise build in US crude stockpiles, OPEC+ to consider output hike

Oil prices eased about 1% to a two-week low on Thursday on a surprise build in U.S. crude inventories last week and expectations that OPEC+ producers will increase output targets at a meeting this ...

Read More »

WTI Price Forecast: Oil claws back above $63 after hitting a two-week low, OPEC+ meeting in focus

WTI trimms losses after hitting a two-week low near $62.50 earlier on Thursday. Market focus shifts to the OPEC+ meeting on September 7 to debate potential October output hikes. Bearish momentum ...

Read More »