News

Oil tumbles, Taiwan's dollar surges at start of central bank-packed week
Oil prices tumbled over 2% on Monday after oil producing group OPEC+ agreed to accelerate oil production increases, while ...
Oil leak off Louisiana coast contained but clean up continues, Coast Guard says
After more than a week of oil shooting vertically out of an unused well off the coast of Louisiana, the U.S. Coast Guard ...
Oil Sinks as OPEC+ Supply Surge Threatens to Swamp Global Market
Oil buckled after OPEC+ agreed to another bumper output increase, bolstering global supplies at a time when demand is ...
Most Gulf markets fall on weak oil ahead
Most major stock markets in the Gulf fell in early trade on Monday pressured by falling oil prices and investor caution ahead ...
Why Oil Stocks Plummeted in April
The major part of the sell-off was due to the fallout from "Liberation Day" on April 2, when President Trump announced much ...
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StanChart Cuts 2025 Oil Price Forecast By $16/bbl Amid Trump’s Tariffs
StanChart has turned bearish on oil, slashing its 2025 forecast by $16 to $61/bbl amid recession fears. Manufacturing is a ...
ExxonMobil Continues to Prove It's the Best-Run Company in the Oil Patch
ExxonMobil (NYSE: XOM) is the 800-pound gorilla in the oil sector. The oil company showcased its prowess in the first quarter ...
Stock Market Today: Dow, S&P 500 and Nasdaq set to open lower, oil skids on OPEC+ production and dollar drops
The S&P 500 is headed for its longest winning streak in more than 20 years. That doesn’t mean the worst is over for stocks.