Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
OPEC and its economic allies in the OPEC+ bloc have been trying to cut global oil supplies in order to bid up prices lowered ...
Current market volatility is being caused by the OPEC producer group rather than the conflict in the Middle East, said Union ...
The Organisation of Petroleum Exporting Countries(OPEC+) has further extended its oil production cuts this month, with a ...
OPEC’s crude oil production crept higher in March, rising by 3,000 barrels per day compared to February as Iran and Saudi ...
A panel on MSNBC’s “The 11th Hour with Stephanie Ruhle" suggested that Russia and Saudi Arabia are halting oil production and ...
Oil prices were steady near six-month highs on Thursday after rising by a dollar a barrel in the prior session as investors ...
OPEC predicted robust fuel use in the summer months on Thursday and stuck to its forecast for relatively strong growth in ...
Following the release of the CPI report, oil prices retreated. It is the natural reaction of traders to sell when they sense ...
A rising oil price could halt or even reverse the recent trend of falling inflation, potentially leaving central banks cautious about cutting interest rates, DZ Bank said.
Iran, the third largest producer in the Organization of the Petroleum Exporting Countries (OPEC), produces about 3 million ...
The International Monetary Fund expects OPEC and its partners to start increasing oil output gradually from July. Oil Price ...