Executive Chairman of the Board; Imperial Petroleum Inc. Fenia Sakellari; Interim Chief Financial Officer; Imperial Petroleum Inc. Presentation. Ha ...

Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) -3.5% dropped more than 3%. Eight members of OPEC+ on Saturday announced a ...

Morgan Stanley analysts on Sunday said Saturday's announcement by OPEC+ that it will increase June output by 411,000 b/d for a second straight month will widen the supply surplus this year and next, ...

Oil prices surged Tuesday, recovering losses from OPEC’s unexpected weekend decision to raise output. Brent settled up $1.92 (3.2%) at $62.15 per barrel, while WTI climbed $1.96 (3.4%) to $59.09. The ...

After weeks of speculation, OPEC made it official last week by announcing they will restore oil production at a faster clip ...

Netflix slumped 1.8% and Warner Bros. Discovery fell 1.1%. Shoemakers posted gains following the announcement that Skechers is being acquired for $9 billion and taken private by the investment ...

In the note, Hansen said, ahead of the weekend OPEC announcement, managed money long positions in crude oil declined by 15,700 contracts to 226,500, which he pointed out was “well below the five ...

Oil prices have dropped to a four-year low, which could take the average price of a gallon of regular gasoline nationwide to below $3.

Q1 2025 Earnings Conference Call May 23, 2025 10:00 PM ETCompany ParticipantsHarry Vafias - CEOFenia Sakellari ...