News

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 ...
The oil price is currently defenseless. Seasonal demand in the northern hemisphere summer may obscure the impact for a bit, ...
West Texas Intermediate (WTI) Oil price falls on Tuesday, early in the European session. WTI trades at $64.52 per barrel, down from Monday’s close at $64.55. Brent Oil Exchange Rate (Brent crude), on ...
Oil prices surged yesterday, ending the day with a 3.75% gain as OPEC+ surprised markets with a supply increase that came in ...
Crude oil futures fell with expectations of further OPEC+ production increases in July outweighing the easing of trade ...
In April, when the group announced the first front-loaded increase, sources said the focus was on countries like Kazakhstan ...
Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...
OPEC+ has agreed to establish new baselines for its 2027 oil production, with discussions underway for a potential output ...
OPEC+ will press on with its plan to increase its oil production quotas for the month of July, anonymous sources have told ...