News

OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it's a foregone conclusion,” Sankey said in an interview. Meanwhile, “low oil prices is one of the ...
Iraq is set to export 3.2 million barrels per day of crude oil in May and June, an Iraqi official with knowledge of the ...
The major oil producers known as OPEC+ did exactly what U.S. President Donald Trump has been asking for — and American ...
Morgan Stanley analysts reshuffled their ratings on European energy major, upgrading TotalEnergies to Overweight but ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
West Texas Intermediate (WTI), futures on NYMEX, extends its winning streak for the fourth trading session on Tuesday. The ...
Nigeria’s crude oil production climbed to a two-month high in April, signalling modest recovery efforts in Africa’s largest ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Crude oil continues to trend under $80 a barrel, and demand appears to have slowed down, contributing to lower pump prices,” ...