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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, ...
Opec+ is accelerating the rollback of oil production cuts, adding 411,000 b/d in July, as Saudi Arabia pushes to restore ...
U.S. President Donald Trump's tariffs, his famous call to 'drill baby drill,' but particularly a decision by a group of the ...
US President Donald Trump's tariffs, his call to "drill baby drill" and especially a decision by OPEC+ to hike crude output ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
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 ...
MACRO: A sharp selloff in oil prices ahead of the OPEC+ meeting has been partially offset by a larger-than-expected drawdown in U.S. oil inventories, with gasoline demand spiking ahead of driving ...
Petroleum prices, however, are being helped by a weaker dollar, which remains near a 52-week low against a basket of foreign currencies on the U.S. Dollar Exchange. A weaker U.S. currency makes dollar ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
The double whammy of OPEC+’s unpredictability and Donald Trump’s heated rhetoric over China ‘totally violating its agreement’ ...
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 ...
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