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Saudi Arabia, the world's biggest oil exporter, cut its July prices for Asian crude buyers to close to the lowest level in ...
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 ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
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.
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