News

The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...
Opec and its main driver, Saudi Arabia, have decisively shifted gears over the last two months, from neutral to forward. The ...
Together, the potential Opec+ hikes in May and June are likely to add up to 400,000 bpd to Aramco’s oil production ...
Oil prices rose on market optimism as the U.S. and China agreed to suspend most mutual tariffs pending further talks.
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...
Oil dropped after OPEC+ agreed to another large output increase, raising concern that additional supply could lead to a ...
OPEC+ is implementing another aggressive supply hike. Effective in June, this increase solidifies a shift in policy.
Crude oil markets took a fresh hit this weekend after OPEC+ stunned traders by announcing a larger-than-expected output ...
Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...
Kazakhstan is considering its options for complying with the country’s OPEC+ obligations to cut production, after Saudi ...