News

"If demand drops, alongside low crude oil prices, pump prices may continue to fall." Throughout the state, the ...
Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
Crude oil futures fell after surrendering early gains that followed the US Court of International Trade's ruling that ...
Saudi Arabia's past oil price wars in 2014–2016 and 2020 backfired, as U.S. shale producers became leaner and more efficient.
OPEC+ is expected to fully reverse its 2022 production cuts by October, but oil prices continue rising amid geopolitical ...
Saudi Arabia and Russia had to reach a difficult compromise on OPEC+ policies on Saturday as Riyadh pushed to accelerate oil ...
Oil prices jumped more than 3% on Monday as OPEC+ agreed to raise production by the same amount in July as in the previous ...
The largest group of oil-producing nations agreed over the weekend to sharply increase crude production for the third month ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...