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CNBC Business • May 12, 2025

Crude oil jumps 4% on hope economic growth will rebound from temporary U.S.-China trade deal

The recent increase in crude oil prices reflects market optimism that improved trade relations between the U.S. and China may support stronger economic activity despite ongoing tar...

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CNBC Business • May 06, 2025

U.S. oil production has likely peaked and will start to decline due to price plunge, Diamondback CEO...

A decrease in domestic crude output, driven by recent price drops, could influence market supply and impact economic factors related to the U.S. energy sector and broader financial...

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CNBC Business • May 04, 2025

U.S. crude oil prices fall more than 4% after OPEC+ agrees to surge production in June

The increase in oil supply by over 800,000 barrels per day in the upcoming months has contributed to a notable decline in U.S. crude prices, impacting market valuation and investor...

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