The Dow Jones index sold off Thursday as oil prices jumped. Micron stock plunged on earnings.

The oversupply in the oil market is likely to result in lower prices for the rest of the year. “The Brent oil price is likely to end 2025 with an annual decline, provided there is no increase of more than USD 10 in the remaining weeks,” Carsten Fritsch ...

Oil prices came under significant pressure yesterday, amid reports that OPEC+ is considering increasing supply by a further 137k b/d in November. We expect the market to move into a large surplus in the fourth quarter and remain in surplus through 2026.

'Oil prices in 2026 are likely to feel more pressure than LNG prices,' Chevron Corp. Chief Executive Officer Mike Wirth said in an interview with Bloomberg TV. Increased oil supply from OPEC and its allies will continue to put pressure on crude prices next ...

The European Commission has proposed a major overhaul to its Russian oil price cap regime, introducing a floating benchmark tied to global crude prices in an effort to regain control over a sanctions tool that has lost impact as oil markets decline ...