News

In a shocking move that’s rattling global oil markets, OPEC has delivered a powerful blow to the U.S. energy ...
Climate Crisis 247 on MSN5h
OPEC Oil Surge Threatens EV Adoption
Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports on OPEC+’s decision to boost oil production by 548,000 barrels a day starting in August. He highlights how this increase, covered by ...
Oil markets have largely ignored the overtly aggressive production policy of OPEC+, with geopolitical fears keeping Brent ...
Oil prices edged up to a two-week high on Tuesday as positive U.S. economic news, lower U.S. oil production and rising demand for oil products countered OPEC+ output increases and worries U.S.
Discover energy sector trends from H1 2025, including oil market impacts and supply-demand shifts. Click to read more on what ...
The moderation in prices comes after Trump issued formal notifications to several trading partners that significantly higher ...
Despite concerns over excess supply, oil prices overturned declines from earlier in Monday’s session, as downside risks ...
Wall Street analysts predict oil futures will fall below $60 per barrel by the end of the year as the Organization of the ...
The heavily sanctioned and militarily targeted producer of crude has missed its targets throughout much of 2025, Bloomberg ...
Goldman Sachs commodity analysts are sticking to their forecast for Brent to average $59 a barrel by the fourth quarter of this year and $56 in 2026, following a bigger-than-expected production rise ...
Oil reversed an early drop on Monday despite a larger-than-expected supply increase by OPEC+ for August that was announced at ...
Exxon Mobil Corp. expects lower oil and gas prices to reduce the company’s earnings by about $1.5 billion as a volatile ...