Saudi Arabia's anger at Kazakhstan and other over producing nations was the key driver behind a shock decision by the OPEC+ ...
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.
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OPEC+ Rips Off the Band-Aid
By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken is a way to regain their lost market ...
Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early ...
President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...
Crude oil outlook turns bearish with rising recession odds, weak demand, and OPEC+ supply hike. Key support levels now in ...
Libya’s central bank devalued the dinar by 13% as the divided OPEC member grapples with a decline in crude revenue that a ...