RBCURRENT RBOB Gasoline Futures Current Contract
- 2.1736
- -0.0206-0.94%
RBOB Gasoline Futures Current Contract News
Oil Prices Drop To Multi-Month Lows Amid OPEC+ Output Hike and Trade Tensions
Oil Prices Drop Again. These Stocks Are Getting Hit. -- Barrons.com
Oil Prices Keep Dropping. Tariffs Aren't the Only Reason for the Fall. -- Barrons.com
Oil Futures Extend Losses on OPEC+ Plan, Tariff News -- Market Talk
U.S. Oil E&Ps to Underperform on OPEC+ Plan to Restart Production, Experts Warn
Oil Extends Losses on OPEC+ Output Plans, U.S. Tariffs -- Market Talk
OPEC+ To Proceed With Oil Output Increase In April
Oil Prices Drop 2% To 12-Week Low As OPEC+ Confirms Output Increase
OPEC+ decided to increase production as planned in April, and international oil prices fell by 2%.
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) announced on Monday that they will increase oil production as planned in April.
Update: WTI Crude Oil Falls to a Three-Month Lows as OPEC+ to Proceed With Supply Additions
Trump's pressure was effective, OPEC+ unexpectedly decided to start increasing oil supply, leading to a sharp decline in oil prices.
OPEC+, led by Saudi Arabia and Russia, will increase daily production by 0.138 million barrels in April. This is the first step in a gradual increase plan spanning several months, aimed at gradually restoring Crude Oil Product output. OPEC+ issued a statement confirming the decision to start increasing oil supply, and OPEC+ may decide to suspend or reverse this decision based on market conditions.
Oil Futures Rise As Market Awaits Tariff Details -- Market Talk
This Is Why Trump's Canada-Mexico Tariffs Threaten a Spike in Gasoline Prices
Data from China's manufacturing sector boosts optimism, and oil prices rose on Monday.
On Monday, oil prices rose by nearly 1%, mainly due to optimistic manufacturing data released by China, which has rekindled market optimism about fuel demand.
Update: WTI Oil Falls Ahead of U.S. Tariffs on Canadian Imports and Fresh Sanctions on Venezuela and Iran
United States Brent Oil Fund Reports January 2025 Financials
Oil Futures Turn Lower On Tariff, OPEC+ Uncertainty -- Market Talk
Oil Prices Boosted After Trump Moves to End Venezuela Crude Deal
UAE Stocks Diverge as Oil Prices Climb on US Policy Shift
Ping An Securities: The geopolitical conflict is cooling down, and the disturbances in Crude Oil Product supply are recurring.
OPEC+ is considering postponing a series of monthly supply increase actions scheduled to begin in April. Additionally, Iraq recently stated that despite hopes for the Kurdistan region to resume oil export sales within two days, it will still adhere to OPEC+ oil quota policies.