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The Organization of the Petroleum Exporting Countries and its allies (OPEC+) said on Sunday that they have agreed to further raise oil production from October as its leader, Saudi Arabia, pushes to regain market share, Bloomberg reported. 

Created : 2025.09.08 08:27

Last updated : 2025.09.08

West Texas Intermediate (WTI) Crude Oil is heading into the weekend under heavy pressure, extending its losing streak to a third straight day as traders brace for the Organization of the Petroleum Exporting Countries and allies (OPEC+) meeting on Sunday, September 7.

Created : 2025.09.06 02:26

Last updated : 2025.09.06

At the meeting between Russian President Putin and his Chinese counterpart Xi, both countries agreed on higher gas deliveries in future. On the one hand, deliveries via existing pipelines are to be increased, Commerzbank's commodity analyst Barbara Lambrecht notes.

Created : 2025.09.05 20:52

Last updated : 2025.09.05

West Texas Intermediate (WTI), futures on NYMEX, trades with caution around $62.50 during the late European trading session on Friday. The Oil price faces selling pressure as United States (US) oil inventory data for the week ending July 29 came in surprisingly higher.

Created : 2025.09.05 20:42

Last updated : 2025.09.05

Russia continues to find sufficient buyers for its oil despite increasing pressure from the US, as shown by data on seaborne oil exports published by Bloomberg, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.09.05 20:41

Last updated : 2025.09.05

According to a Bloomberg survey, OPEC produced 28.55 million barrels of crude oil per day in August, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.09.05 20:11

Last updated : 2025.09.05

Oil prices came under pressure on Wednesday after Reuters reported that OPEC+ could consider a further increase in production at Sunday's virtual meeting of countries with voluntary production cuts, Commerzbank's commodity analyst Carsten Fritsch notes.

Created : 2025.09.05 20:01

Last updated : 2025.09.05

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $63.00 during the early European trading hours on Wednesday. The WTI drifts lower as crude inventories unexpectedly rose last week, indicating weaker demand.

Created : 2025.09.05 15:57

Last updated : 2025.09.05

West Texas Intermediate (WTI) Oil price is neutral on Friday, early in the European session. WTI trades at $63.06 per barrel, not far from its Thursday close at $63.06.Brent Oil Exchange Rate (Brent crude), however, advances from its previous close at $66.70 to trade at $66.71.

Created : 2025.09.05 15:09

Last updated : 2025.09.05

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $62.95 during the early Asian trading hours on Friday.

Created : 2025.09.05 11:34

Last updated : 2025.09.05

West Texas Intermediate (WTI) Crude Oil recovers on Thursday after sliding to its lowest level since August 21, near $62.50 earlier in the day.

Created : 2025.09.05 00:14

Last updated : 2025.09.05

Brent crude's rebound is losing steam as it struggles to clear its 200-day moving average near $70.50-71.00, keeping downside risks intact with key support at $65, Société Générale's FX analysts note.

Created : 2025.09.04 18:56

Last updated : 2025.09.04

West Texas Intermediate (WTI) Oil price falls on Thursday, early in the European session. WTI trades at $63.26 per barrel, down from Wednesday's close at $63.55.Brent Oil Exchange Rate (Brent crude) is also shedding ground, trading at $66.98 after its previous daily close at $67.27.

Created : 2025.09.04 15:02

Last updated : 2025.09.04

West Texas Intermediate (WTI) Oil price extends its losses for the second consecutive day, trading around $63.20 per barrel during the Asian hours on Thursday.

Created : 2025.09.04 14:44

Last updated : 2025.09.04

USD/CAD extends its winning streak for the fourth successive session, trading around 1.3810 during the Asian hours on Thursday. The pair appreciates as the commodity-linked Canadian Dollar (CAD) could have faced challenges due to softer crude oil prices.

Created : 2025.09.04 13:15

Last updated : 2025.09.04

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.50 during the early Asian trading hours on Wednesday.

Created : 2025.09.04 09:43

Last updated : 2025.09.04

The Canadian Dollar (CAD) is a mild underperformer on the session. Factors have shifted a little against the CAD so far this week, Scotiabank's Chief FX Strategists Shaun Osborne and Eric Theoret report.

Created : 2025.09.03 20:17

Last updated : 2025.09.03

PMI data shows broad-based expansion across sectors; all sub-indices were higher than in July. US inventory growth and input/output price pressures surged on a m/m basis.

Created : 2025.09.03 20:13

Last updated : 2025.09.03

The US Dollar appreciates for the third consecutive day on Wednesday, buoyed by higher US yields, while the decline in Oil prices keeps weighing on the commodity-sensitive Loonie.

Created : 2025.09.03 19:56

Last updated : 2025.09.03

West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $65.10 during the early European trading hours on Wednesday.

Created : 2025.09.03 15:55

Last updated : 2025.09.03