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Kazakhstan's public defiance of the OPEC+ oil production alliance could signal its exit from the group and push Saudi Arabia ...
Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three ...
Several OPEC+ members will suggest that the group accelerates oil output increases for a second consecutive month in June, three sources ...
LONDON (Reuters) -Several OPEC+ members will suggest that the group accelerates oil output increases for a second consecutive ...
Stifel lowered the firm’s price target on Halliburton (HAL) to $32 from $37 and keeps a Buy rating on the shares following slightly ...
Saudi Arabia's crude oil and condensate production is set to increase by 5.2% between 2025 and 2029, hitting nearly 13 mmbd capacity. Major expansions at Berri, Zuluf, and Marjan are instrumental, ...
Oil prices drop due to positive progress in U.S.-Iran talks. Discover how this impacts the market and fuel demand.
Crude oil futures are down about 13% since President Donald Trump announced his sweeping tariff plan on April 2.
LONDON (Reuters) - OPEC cut its 2025 global oil demand growth forecast on Monday, citing the impact of data received for the ...
At the same time, the OPEC+ alliance committed to loosening output curbs at a faster pace that expected, spurring concerns about a glut. Crude’s gain on Wednesday came despite figures showing US ...
OPEC+ plans to accelerate output hikes by 411,000 bpd in May, aiming to punish members like Kazakhstan and Iraq for repeated overproduction. Standard Chartered warns of oversupply risks ...
Fears of weaker global oil demand, combined with the OPEC+ decision to loosen output more quickly than expected, have created a toxic cocktail', SEB Commodities Analyst Ole R. Hvalbye said.