Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
The benchmark diesel price used for most fuel surcharges rose Monday by the smallest increment used by the Department of ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...
OPEC previously announced a cut of 1.65 million barrels a day in April 2023. In the months after Russia ... For the latest ...
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
The eight countries "have agreed to extend the November 2023 voluntary production adjustments ... weakening global demand outlook, and ample non-OPEC supply". But any boost to oil prices would ...
"The eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April and ...
OPEC previously announced a cut of 1.65 million barrels a day in April 2023. In the months after Russia’s invasion of Ukraine in early 2022, the disruption to oil supplies sent gas prices to ...