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Home OPEC

OPEC

Crude oil storage tanks at a tank farm under overcast sky representing oversupply concerns
Forex News

2026-07-06

West Texas Intermediate crude oil futures retreated on Tuesday, reversing gains from the previous session as renewed concerns over global oversupply weighed on.

  • by Jayshree
  • 2026-07-06
  • 0 Comments
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Oil pumpjack silhouette at sunset with financial chart overlay showing rising WTI crude oil price.
Forex News

2026-07-06

West Texas Intermediate (WTI) crude oil futures edged higher on Tuesday, trading near the $69.00 per barrel mark, as the market weighed the.

  • by Jayshree
  • 2026-07-06
  • 0 Comments
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OPEC+ oil production control room with analysts monitoring market data and global supply charts
Forex News

2026-07-06

The Organization of the Petroleum Exporting Countries and its allies, collectively known as OPEC+, have reached a consensus to begin raising oil output.

  • by Jayshree
  • 2026-07-06
  • 0 Comments
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Oil rig at sunset with calm sea and clear sky, representing easing supply concerns
Forex News

2026-07-02

West Texas Intermediate (WTI) crude oil slipped below the $68 per barrel mark on Tuesday, extending recent losses as traders recalibrated expectations for.

  • by Jayshree
  • 2026-07-02
  • 0 Comments
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Oil tanker sailing through the Strait of Hormuz at sunrise, representing resumed crude oil flows.
Forex News

2026-07-01

West Texas Intermediate (WTI) crude oil futures extended their recent decline on Tuesday, pressured by a combination of recovering shipping traffic through the.

  • by Jayshree
  • 2026-07-01
  • 0 Comments
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Oil pumpjack silhouette at sunset in Middle Eastern desert with cargo ship in port
Forex News

2026-06-26

West Texas Intermediate (WTI) crude oil prices dropped below the $70.50 per barrel mark on Tuesday, driven by a significant increase in oil.

  • by Jayshree
  • 2026-06-26
  • 0 Comments
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Crude oil pumpjack silhouetted against sunset sky with refinery in background.
Forex News

2026-06-26

Analysts at Commerzbank have issued a cautionary note on the current optimism surrounding oil markets, warning that significant supply risks remain on the.

  • by Jayshree
  • 2026-06-26
  • 0 Comments
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WTI crude oil storage tanks at an industrial facility during twilight
Forex News

2026-06-26

West Texas Intermediate (WTI) crude oil futures remained under pressure near the $70 per barrel mark on Tuesday, as traders weighed the prospect.

  • by Jayshree
  • 2026-06-26
  • 0 Comments
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Empty oil storage tanks at an industrial terminal under overcast sky, representing bearish oil market outlook.
Forex News

2026-06-26

Danske Bank has issued a bearish outlook for crude oil markets, citing a gradual normalization of global supply as the primary driver. The.

  • by Jayshree
  • 2026-06-26
  • 0 Comments
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Oil refinery at sunset with storage tanks and distillation columns
Forex News

2026-06-24

Analysts at ING have highlighted growing uncertainty in global oil markets, with traders increasingly questioning the pace at which Gulf producers can restore.

  • by Jayshree
  • 2026-06-24
  • 0 Comments
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