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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, ...
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 ...
A decision by major oil producers this weekend could pull prices for crude down to their lowest levels since 2021, with ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
Brent crude oil price crashed on Friday amid rising trade tensions, and the downtrend may continue after the latest OPEC+ ...
Opec+ is accelerating the rollback of oil production cuts, adding 411,000 b/d in July, as Saudi Arabia pushes to restore ...
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
Oil prices were on track to end the week down more than 1% on Friday amid whipsawing tariff rulings in the U.S. and as the ...
US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...
Oil prices were under pressure on Tuesday morning amid OPEC+ production hike rumors, Iran nuclear deal speculation, and ...
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