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The WTI bear trend continues despite OPEC+ output cuts and positive re-opening news out of China. Can Biden's target price for SPR refills act as... [Read More]
Iraq produced 4.43 million barrels per day (bpd) of crude in November, down by 221,000 bpd from October, data from... [Read More]
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Crude oil futures spent much of 2022 surging, as demand for transportation fuels to travel returned while Russia's invasion of Ukraine and production cuts from... [Read More]
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Riyadh looks elsewhere to buy arms after the Yemen war, journalist Jamal Khashoggi's murder and the Opec+ decision to cut oil output by 2 million... [Read More]
U.S. Special Climate Envoy John Kerry on Wednesday hailed the decision to hold next year's COP28 climate summit in OPEC member the United Arab Emirates,... [Read More]
U.S. Special Climate Envoy John Kerry on Wednesday hailed the decision to hold next year´s COP28 climate... [Read More]
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OPEC Plus is contributing as the largest oil producer and exporter bloc in the global oil market. The Russia-Ukraine crisis has altered international ties between... [Read More]
U.S. oil prices fell in frenzied trading on Tuesday to their lowest settlement levels this year, with Brent finishing below $80 per barrel for the... [Read More]
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The national average price of gasoline has dropped for four straight weeks to its lowest level since January, Patrick De Haan, head of petroleum analysis... [Read More]
Furious about oil companies' supersized profits after a summer of record-high gas prices, California Gov. Gavin Newsom on Monday will formally start his campaign to... [Read More]
Oil futures edge higher after falling more than 3% last session*G7 price cap on Russian oil kicks in*OPEC+ keeps steady policy amid weakening economyBy... [Read More]
Oil markets fell Monday as global economic concerns continue. The drop in oil prices follows OPEC+'s meeting Sunday and comes as the EU's embargo on... [Read More]
All 11 S&P 500 sectors finished the regular trading session lower -- even Energy, which looked to have gotten a bid with firming OPEC+ prices. [Read More]
LAHORE: The Organization of Oil Exporting Countries, namely OPEC, met on Sunday to discuss the production targets of crude oil for the next two months.... [Read More]
The decision from OPEC+ to maintain output cuts of two million barrels per day could impact the decline in gas prices, which is an average... [Read More]
Nigeria is working to meet its OPEC oil production quota of 1.8 million barrels per day by the end of May next year,... [Read More]
Indonesia produces more nickel than any other country. As demand soars for batteries to power the energy transition, that presents a huge opportunity, and the... [Read More]
Most stock markets in the Gulf ended lower on Monday, with the Saudi index hitting its lowest in over 18 months, as OPEC+ kept output... [Read More]
Oil futures trade higher on Monday, adding to last week's gain, after a European Union ban on importing Russian seaborne crude and a price cap... [Read More]
Oil futures traded higher on Monday, adding to last week's gain, after a European Union ban on importing Russian seaborne crude and a price cap... [Read More]
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