Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Oil prices are currently stable, but OPEC+ is likely to extend oil output cuts into Q1 2025 due to weaker global demand.
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...
The benchmark diesel price used for most fuel surcharges rose Monday by the smallest increment used by the Department of ...
OPEC previously announced a cut of 1.65 million barrels a day in April 2023. In the months after Russia ... For the latest ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
"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 ...
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
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 ...