A U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
Abu Dhabi faces less financial pressure to keep prices high and has been keen to deploy new investments in production ...
LONDON/MOSCOW, May 2 (Reuters) - OPEC and its allies have yet to begin formal talks on extending voluntary oil output ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
1. OPEC+ Sticks to Course as Focus Shifts to Overproducers - The Joint Ministerial Monitoring Committee of OPEC+ has confirmed the oil group’s current production targets, pushing back against ...
Oil will need to be closely watched in the coming months to ensure “a sound and sustainable market balance” during an expected surge in demand, OPEC said in its monthly oil market report.
The Organization of the Petroleum Exporting Countries left its estimates for global oil-demand growth unchanged, but lowered its forecast for non-OPEC supply growth for this year and next.
While oil prices remained relatively stable throughout Q1 2024, gas prices sank to multi decade lows, hitting US$1.55 per ...
Oil futures saw mixed trading Thursday, with U.S. and global benchmark prices struggling for direction but on track to post ...