The Organization of the Petroleum Exporting Countries cut its forecast for oil demand growth just days after a surprise decision to boost output, citing the impact of U.S. tariffs on the global ...

OPEC has a number of options at its disposal if oil markets sink further, says Saul Kavonic, head of energy research at MST Marquee. Peter Navarro: We are going to have the ‘biggest boom’ in t ...

Kazakhstan has sparked fresh tensions within OPEC+ by asserting that its oil production strategy will be governed by national interests rather than group quotas, raising questions about future ...

OPEC delegates told Bloomberg the output boost was an effort to penalize other members who hadn't kept to agreed-upon quotas. In the past, this has included Kazakstan and Iran. The action may be ...

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To do that, the team designed the small, sticker-like device made from thin layers of flexible metals like platinum and aluminum, folded and cut into wave-like shapes.Its flexible structure allows ...

(Bloomberg) -- Oil tumbled to a four-year low, following a surprise output increase by OPEC+ and a rapidly escalating global trade war that’s also rattling commodities markets from metals to gas.

An experimental new facial "sticker" could help, by detecting and relaying information on its wearer's present state of mind. Currently being developed by Assoc. Prof. Huanyu "Larry" Cheng and ...

Additionally, oil sell-off was also driven by a decision of the Organization of the Petroleum Exporting Countries and its allies, known collectively as OPEC, to advance plans for output increases.

All sources declined to be identified by name due to the sensitivity of the matter. OPEC did not immediately reply to a Reuters request for comment. OPEC+ has been cutting output by 5.85 million ...

Oil prices dropped Thursday amid worries about an escalating trade war from Trump's tariffs, as OPEC and its allies sped up plans to increase output and unwind supply cuts. Brent crude and West ...