The Latest Breaking News from OPEC

With forecasts suggesting a surge in oil prices in 2024, the energy sector’s prospects appear to be promising. Thus, three fundamentally sound energy stocks, Equinor ASA (EQNR), Par Pacific Holdings (PARR), and Newpark Resources (NR), might be ideal buys. Read on….

February WTI crude oil (CLG24 ) this morning is down -1.07 (-1.42%) on Tuesday, and Feb RBOB gasoline (RBG24 ) is up +1.62 (+0.75%). Crude oil and gasoline prices this morning are mixed. Crude prices are under pressure today from technical selling as funds close out their crude positions ahead...

With sustained demand for oil and natural gas globally and numerous technological advancements in exploration and production activities, the energy sector’s outlook appears robust. Amid this, let’s analyze if you should buy or hold energy stocks Halliburton (HAL), Pembina Pipeline (PBA), and NGL Energy (NGL) for momentum. Read more to…

February WTI crude oil (CLG24 ) closed up +2.01 (+2.73%) on Tuesday, and Feb RBOB gasoline (RBG24 ) closed up +3.09 (+1.44%). Crude oil and gasoline prices on Tuesday closed moderately higher, with crude posting a 3-week high. A weaker dollar Tuesday was supportive of energy prices. Heightened geopolitical risks...

February WTI crude oil (CLG24 ) this morning is up +2.34 (+3.18%), and Feb RBOB gasoline (RBG24 ) is up +4.31 (+2.01%). Crude oil and gasoline prices this morning are sharply higher, with crude posting a 3-week high. A weaker dollar today is supportive of energy prices. Heightened geopolitical risks...

The energy sector is expected to witness considerable long-term growth and expansion, thanks to robust demand for oil and gas globally and the rapid adoption of digital technology. Given this backdrop, fundamentally sound energy stocks Liberty Energy (LBRT), Delek (DK), and Dorchester Minerals (DMLP) could be solid buys now. Read…

India, a burgeoning player in the global energy arena, finds itself at a critical juncture in the intricate tapestry of the world's oil dynamics. Read further on Dynamite News:

February WTI crude oil (CLG24 ) closed down -0.33 (-0.45%), and Feb RBOB gasoline (RBG24 ) closed down -2.84 (-1.32%). Crude oil prices saw continued downward pressure from Wednesday's bearish EIA report and Thursday's news that Angola dropped out of the OPEC cartel. However, crude oil prices saw support this...

February WTI crude oil (CLG24 ) is down -0.08 (-0.1%), and Feb RBOB gasoline (RBG24 ) is down -0.0080 (-0.37%). Crude oil and gasoline prices today are seeing continued downward pressure from Wednesday's bearish EIA report and Thursday's news that Angola dropped out of the OPEC cartel. Crude oil is...

Angola's decision to exit OPEC paves the way for increased Chinese investment in the country's oil industry, signaling a shift in global power dynamics and...

February WTI crude oil (CLG24 ) on Thursday closed down -0.33 (-0.44%), and Feb RBOB gasoline (RBG24 ) closed down -4.05 (-1.83%). Crude oil and gasoline prices on Thursday closed moderately lower. Crude prices were weighed down by negative carryover from Wednesday when the EIA reported an unexpected increase in...