News

Global shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical ...
Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the ...
The crude oil market devotes considerable energy to what OPEC+ says, but perhaps a little less to what it actually does when ...
Oil prices rebounded more than $1 a barrel on Monday after producer group OPEC+ decided to increase output in July by the ...
Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
When Prince Abdulaziz bin Salman was appointed Saudi Arabia’s energy minister six years ago, he vowed to heed even the ...
If this drags OPEC+ oil producers and their competitors toward a full-blown glut, as is likely, another tussle for market ...
Crude oil jumps 3% as OPEC+ holds July output steady. Futures break above 50-day MA, eyeing $64.40 with strong demand and ...
ASTANA – Kazakhstan, along with seven other OPEC+ countries – Algeria, Iraq, Kuwait, Oman, Russia, Saudi Arabia, and the ...
OPEC+ is set to continue returning production for another three months, which will help drive oil prices lower, according to ...