Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
At this point, there are no signs indicating that OPEC+ is on the brink of collapse. The leading countries in OPEC+ show that ...
OPEC’s recent decision to extend its production cuts till the end of January has added more uncertainty to the oil market as ...
Oil markets are facing a supply glut, with non-OPEC producers on track expand production by 1.5 million barrels of oil a day, ...
The Secretary General of OPEC, Haitham Al Ghais ... to support price stability over increased market share. As a result, Brent crude oil prices rose above $74.90 per barrel, and West Texas ...
OPEC+ delayed a planned increase in oil production, causing prices to rise as analysts debate the long-term impact on the market.
Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday. By Stanley Reed Saudi Arabia and seven other oil-producing countries ...
If Trump tightens sanctions on Iranian oil exports, that could prevent the anticipated market weakness next year.
Oil prices on the New York fuel exchange are slightly rising, but they remain close to this month's lowest levels. Brokers ...