News

Though OPEC may say its job is to keep prices stable, in fact the market swings up and down. When prices are up, Saudi Arabia ...
Why is Saudi Arabia pumping more oil into an already-full market? Riyadh looks fed up with propping up the oil price and ...
The abrupt change in calculus for oil investors this week comes after months in which output increases from OPEC and its ...
Israel’s surprise military strike on Iran has jolted oil markets and cast fresh attention on the recent production decisions ...
OPEC oil output rose in May, a Reuters survey found, although the increase was limited as Iraq pumped below target to ...
After holding back supply for almost three years to push prices higher, the output curbs are no longer having as much impact, ...
OPEC oil output rose in May by less than the volume planned, a Reuters survey found, as Iraq made further cuts to compensate ...
Crude prices have jumped by around 12% in the past week, amid the Israel-Iran conflict and heightened fears of a broader ...
Israel’s strikes on Iran on Friday have raised the prospect of global oil prices hitting $100 a barrel. If Tehran seeks to ...
OPEC’s crude oil production in May increased less than called for in the OPEC+ agreement. The five OPEC members that have ...
U.S. shale is more vulnerable than in past price wars, needing $65+ WTI to stay profitable amid rising costs and geological ...