A U.S. regulator's censure of a top U.S. oil executive over private meetings with the Organization of the Petroleum Exporting ...
LONDON/MOSCOW (Reuters) - OPEC and its allies have yet to begin formal talks on extending 2.2 million barrels per day of ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
Crude oil futures traded higher on Friday morning as market reports indicated that OPEC+ (Organization of Petroleum Exporting Countries and allies) may continue with production output cuts beyond ...
Mexican export cuts and a rerouting of Canadian output are shrinking already limited supplies of heavy crude in the Atlantic basin, driving up refiners' costs with a likely knock-on effect to ...
Opec-plus members may finally be ready to start discussing how to unwind their historic production cuts as the second half of ...
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 ...