News

Events in eastern Europe weren’t the only factor driving oil prices higher. OPEC+ agreed to hike production by 411,000 ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
Analysts at Morgan Stanley in a report for clients released earlier Monday tried to match up production from certain OPEC+ members with the unwinding of 2.2 million b/d of cuts. The aggregate ...
Crude oil futures started the week higher as the market weighs doubts about how much extra oil OPEC+ countries have placed on ...
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.They ...
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
OPEC+ countries have announced a significant increase to oil production levels in July. The eight OPEC+ countries, which ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...