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 ...
Downward pressure on oil prices may lead to relief at the pump this summer. A headline in the New York Times this weekend ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Saudi Arabia, Russia and six other key OPEC+ members announced on Saturday a huge increase in crude production for July.
The real increase in output will likely be smaller than the headline figure, with perhaps only half reaching the market.
Israel’s unprecedented attack on Iran raises the specter of sharply higher gasoline prices, just as the summer driving season heats up.
Oil demand growth will remain robust over the next two and a half decades as the world population grows, OPEC Secretary ...
OPEC+ countries have announced a significant increase to oil production levels in July. The eight OPEC+ countries, which ...
As for the other main ratings agencies, in late May, S&P Global Ratings said it expects U.S. oil and gas producers to reduce ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...