News

The Organization of the Petroleum Exporting Countries trimmed its economic growth outlook and kept its oil demand forecast ...
OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
LONDON/MOSCOW, May 4 (Reuters) - OPEC+ will accelerate oil output hikes and ... Sign up here. OPEC's de facto leader Saudi ...
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 ...
With WTI below $60 a barrel, oil rig counts are apt to decline and could eventually slow U.S. output enough to begin offering price support, “especially if accompanied by other key non-OPEC ...
that has an interest in raising production to accommodate the added output from oil and gas investments by international companies. Kazakhstan produced about 400,000 barrels a day above its OPEC ...
OPEC’s crude production fell last month despite the group’s long-awaited plans to increase, with much of the reduction stemming from looming US sanctions on Venezuela. Output from the ...
(Bloomberg) -- Oil slumped as OPEC+ discussed ... approached the Trump administration to ask what changes the US was seeking in relation to the production of precursor chemicals that are used ...
Global oil markets face a potential deficit as exploration struggles to replace consumed reserves and US shale production is ...
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 ...
(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 ...