The OPEC+ alliance unexpectedly announced a larger-than-anticipated supply boost for May, triggering a market-wide reaction.
OPEC+ nations’ bringing more production back to market combined with escalating tariffs as China announced 34% tariffs on all U.S. goods to make for a very bad week for oil prices. West Texas ...
In addition, the committee "valued the additional voluntary production adjustments made by the eight OPEC+ countries, which were announced in April and November 2023 in supporting market stability" ...
However, discussions at the meeting will center on the compliance level with the oil production cuts agreed upon, the source added ...
Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...
A meeting of top OPEC+ ministers on Saturday is expected to make no new changes to oil ouptut policy, two delegates told ...
Good afternoon and happy Friday, readers! All eyes remain on the global selloff of oil today, with prices hitting their ...
Oklahoma companies were not spared the dramatic fall in stock prices felt across the U.S. economy after Trump's tariff ...
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
While tariffs could risk a global slowdown, a powerful group of oil producers still thinks the world needs more crude. The Organization of the Petroleum Exporting Countries and its allies, known as ...
The energy market are under pressure from a perfect storm of supply increases, economic anxiety, and evolving geopolitical ...