News

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
WTI oil prices are set to average $58.30 per barrel this year, amid rising OPEC+ and U.S. production and relatively stable ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...
Oil prices edged lower on Wednesday after U.S. data showed larger-than-expected inventories of gasoline and diesel, adding to ...
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
OPEC+, the influential alliance of oil-producing nations led by Saudi Arabia and Russia, has confirmed plans to increase oil ...
Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...