BofA analyst Jean Ann Salisbury lowered the firm’s price target on Phillips 66 (PSX) to $147 from $156 and keeps a Buy rating on the shares.

BofA says that while Trump decisions could move the needle for specific stocks, the firm reiterates cautious stances on both oil macro and ...

From natural gas supply and demand dynamics to OPEC+ decisions, heightened volatility could be ahead in 2025. Read more here.

TOKYO (Reuters) - Oil prices rose on Wednesday as supplies from Russia and OPEC members tightened, while data showing an ...

Consumers can expect a big-time oil price hike of up to P1 per liter on Tuesday to reflect the movement of prices in the ...

But with the broader trend signaling bearish momentum, a quick turnaround might require more than geopolitical jitters or OPEC decisions. Exxon's President for Europe, Philippe Ducom, didn't mince ...

The global oil market is poised for a complex year in 2025, facing pressure from several key factors: Opec’s output decisions, potential increases in US production under a new Trump ...

Opec has a history of under-estimating US output gains going ... according to Reuters calculations based on International Energy Agency figures. Opec+ decisions to reduce output in 2016 and 2020 ...

OPEC has a history of under-estimating U.S ... according to Reuters calculations based on International Energy Agency figures. OPEC+ decisions to reduce output in 2016 and 2020 helped the U.S ...

OPEC has a history of under-estimating U.S. output gains going back to the start of the shale oil boom, which has seen the United States become the world's top oil producer. The United States now ...

Political instability, wars, and sanctions can disrupt supply and impact prices. The decisions of OPEC, a group of major Oil-producing countries, is another key driver of price. The value of the ...

England thrashed South Africa by 286 runs to conclude their 2024 and head into January's Ashes on a high, but the match was clouded by confusion and frustration at the lack of decision review ...