News

Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
U.S. companies are facing economic headwinds that are reducing incentive to continue high production levels of oil.
The world’s largest group of oil producers, OPEC+, stuck to its guns on Saturday with another big increase of 411,000 barrels ...
Goldman Sachs anticipates the eight country OPEC+ oil group will implement a final 0.41 million barrels per day (mb/d) ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada's oilpatch next week ...
Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...
Haitham al-Ghais is set to deliver remarks on Tuesday, as recent output increases from group members and other producers have ...
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...
India’s private refiners are boosting domestic fuel sales as global margins fall and Chinese demand plateaus, banking on ...