The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...
Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil ...
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
Oil prices bounced higher yesterday on a constructive weekly inventory report from the Energy Information Administration ...
OPEC and its allies are once again faced with a difficult choice next week--extend production cuts or increase its own market ...
Kazakhstan will quickly adjust its oil output in order to get back in line with its OPEC+ quota after exceeding the limit in ...
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.
Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
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