News

The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...
Prices plunged after OPEC and its allies agreed to increase output again, despite weak prices and an uncertain demand outlook ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Between tariffs roiling the global economy and OPEC putting more barrels on the market, prices have dropped significantly ...
The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its ...
OPEC’s crude production fell last month despite the ... Output from the Organization of the Petroleum Exporting Countries shrank by 200,000 barrels a day in April to 27.24 million a day ...
Oil prices have dropped over tariffs and tensions within OPEC+. What does that mean for Saudi Arabia’s “giga-projects?” ...
California also imports its gasoline from faraway countries, such as Iraq and Saudi Arabia, which increases prices due to transportation costs.” ...
Eight OPEC+ member countries on Saturday announced a sharp increase in oil production for the month of June at the risk of ...