Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Oil futures rose Tuesday as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies ...
Oil prices were little changed in early Asia trade on Wednesday as market participants weighed higher U.S. crude oil and fuel ...
Extensions to the operating life of four nuclear power stations have been confirmed by Centrica, which holds a 20% stake in ...
Crude oil futures rose on OPEC+ production cut extension expectations. Geopolitical tensions also supported gains.
The Organization of Petroleum Exporting Countries (OPEC) and its allies, known as the OPEC+, will decide their production ...
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
OPEC’s control of the oil market has been diminishing over the past year, and now it seems to have nearly vanished. That is a ...