Oil prices are set to remain under pressure in 2025 as U.S. tariffs and slowing economic growth in India and China weigh on ...
OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, ...
OPEC+ members committed to unwinding oil production curbs starting in April. The oil cartel has held back supply in an effort to boost crude prices globally. The April timeline is surprising ...
Oil prices posted a gain to close the week but continue to be weighed down by the bearish results of OPEC+ production increases and demand weakness worries. West Texas Intermediate fell three of ...
Eight OPEC+ members that are making the group's most recent layer of output cuts held a virtual meeting on Monday and agreed to proceed with the April increase, OPEC said. The increase is 138,000 ...
OPEC+ just blinked after its long standoff with middling oil prices. The Saudi- and Russia-led group said Monday that it would begin a long-delayed plan to ramp up production, ending a more than ...
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