Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...

(Bloomberg) -- Oil slumped as OPEC discussed making a second ... the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are ...

Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...

LONDON/MOSCOW, May 4 (Reuters) - OPEC+ will accelerate oil output hikes and ... Sign up here. OPEC's de facto leader Saudi ...

OPEC+ announced a surprise collective output increase of 411,000 bpd, triggering a wave of oil ... and production growth through oil prices lower than the breakevens for new shale wells. OPEC ...

Changes in inventories reflect fluctuating ... When OPEC decides to lower quotas, it can tighten supply, pushing up Oil prices. When OPEC increases production, it has the opposite effect.

OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...

On May 3rd it and its allies (OPEC+), which supply 40% of the world’s crude oil, announced ... cartel when deciding on production levels. Even if its priorities change, how much Kazakhstan ...

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 ...

This means that changes ... 2010-14 oil and gas cycle versus 2005-08 owing to global OCTG overcapacity. In 2020, Tenaris and its peers posted negative operating profits as well production reached ...