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 ...
The US is going strong in expanding its oil production and exploring new fields, with little regard for environmental ...
The Organization of the petroleum Exporting Countries (OPEC) reported that the average price of its reference basket of crude ...
Both contracts had fallen by more than 5% over the previous two trading sessions. China on Friday unveiled a 10 trillion yuan ...
Crude Oil prices have found some room to breathe but the outlook remains bleak. Even when OPEC could limit its production further, the US is set to offload even more volumes in the coming years under ...
Oil prices steadied on Tuesday, recovering from a 5% drop over the previous two sessions, as investors absorbed OPEC's latest ...