News

Gas prices dip below $3 in some Michigan cities as OPEC boosts oil production
"If demand drops, alongside low crude oil prices, pump prices may continue to fall." Throughout the state, the ...
Oil prices rise 3% as OPEC keeps July output policy unchanged
Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous ...
Behind OPEC+ oil output hike, Saudi-Russian tensions simmer
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
U.S. Oil Companies Are ‘Battening Down the Hatches’
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Oil prices hits four-year low; consumers gain, producers brace for impact
Falling oil prices, driven by Trump's policies and increased OPEC+ output, have reached pandemic-era lows, benefiting ...
Oil leaps 4% after OPEC+ keeps output increase unchanged
Oil prices jumped by about 4 per cent on Monday after producer group OPEC+ kept output increases in July at the same level as ...
OPEC Plus Members Say They Will Fast-Track Oil Output
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...