The Latest Breaking News from OPEC

The Middle East war is causing oil prices to rise. Brent crude is up 0.71% to $72.49/barrel, while WTI crude is up 0.63% to $68.61/barrel.

Owing to robust global demand, continuous OPEC supply cuts, and advancing economic growth, the oil and gas market is experiencing solid growth. Hence, investing in fundamentally solid oil and gas stocks Schlumberger (SLB), Cenovus Energy (CVE), and APA (APA), which are poised for high upside, could be ideal. Read more.

Gasoline prices typically fall in the autumn and early winter as demand decreases and gasoline retailers switch to cheaper winter-blend fuels. Additionally, Americans take fewer trips during this period, further reducing demand. OPEC is expected to increase production in December, which could contribute to further price declines. These combined factors…

As supply disruptions and market shifts could potentially lead to an increase in oil prices, it's worth considering investments in stable energy stocks Energy Transfer LP (ET), ChampionX Corporation (CHX), and Secure Energy Services (SECYF). These companies are showing good growth momentum in the current landscape. Read on….

Although global oil demand is projected to grow, it’s happening more slowly. In this climate, investing in fundamentally sound companies such as EOG Resources, Inc. (EOG), Energy Transfer LP (ET), and Sabine Royalty Trust (SBR) could be wise. These firms offer not just reliable dividend income but also strong potential…

The Japanese unit was also boosted by bets on a Kamala Harris presidency after she was considered to have come out on top in her US presidential debate with Donald Trump and superstar Taylor Swift endorsed her.

Equities slipped Wednesday following a mixed day on Wall Street, as worries about the world's top two economies offset optimism that the Federal Reserve will start cutting interest rates next week.

When Biden took office in 2021, he faced the prospect of responding to a number of Trump’s decisions made during his chaotic final year in office — including one important one made about oil

The source of new renewable energy is also a battleground over China’s cheap exports of panels that has split US firms

Oct WTI crude oil (CLV24 ) Thursday closed down -0.05 (-0.07%), and Oct RBOB gasoline (RBV24 ) closed down -3.60 (-1.84%). Crude oil and gasoline prices settled lower on Thursday, with crude posting an 8-3/4 month nearest-futures low and gasoline falling to a 2-3/4 year nearest-futures low. Energy demand concerns...

Oct WTI crude oil (CLV24 ) today is up +0.43 (+0.62%), and Oct RBOB gasoline (RBV24 ) is down -3.07 (-1.56%). Crude oil and gasoline prices today are mixed, with gasoline falling to a 2-3/4 year nearest-futures low. Today's decline in the dollar index is bullish for energy prices. Short-covering...