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Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
Oil prices were under pressure on Tuesday morning amid OPEC+ production hike rumors, Iran nuclear deal speculation, and ...
US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...
West Texas Intermediate (WTI) Oil price advances on Thursday, early in the European session. WTI trades at $62.64 per barrel, ...
The next setback in oil prices is looming as OPEC and allies meet later this week to discuss output levels for July.
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