The OPEC+ group is currently cutting output by 5.86 million bpd ... 2 million bpd of cuts to be unwound after June, analysts ...
Saudi Arabia and its partners have been keeping roughly 2 million barrels-a-day offline this year, and will meet on June 1 to ...
OPEC+ is expected to prolong oil output cuts into the second half of the year as it seeks to stave off a global surplus and shore up prices. (Bloomberg) — OPEC+ is expected to prolong oil output cuts ...
Saudi Arabia’s statistics authority estimated that oil activities plunged by 10.6 per cent in the first quarter compared to ...
The overnight Federal Reserve rate decision did not hold any big changes and Fed Chairman Jerome Powell confirmed that the Fed wants to see inflation first coming down further before considering a cut ...
Exxon Mobil is set to close its $60 billion megadeal for Pioneer Natural Resources following an agreement with antitrust ...
Saudi Arabia's real gross domestic product (GDP) decreased 1.8 per cent year-on-year in the first quarter, flash estimates by ...
Rolling coverage of the latest economic and financial news, as the OECD cuts UK growth forecasts to back of G7 pack for 2025 ...
Gold prices (XAUUSD:CUR) dropped more than 1% on Thursday, slipping below $2,300 an ounce, weighed down by a firmer U.S.
The authority indicated that this seasonal increase was propelled by an increase in oil activities by 2.4% ...
Total Average WI Production of 32,242 BOPD, a 3% increase from Prior QuarterPositive Preliminary Results in the Arawana Exploration WellTotal Current(1) Average Production of Approximately 33,400 ...
S&P/ASX 200 Index (ASX: XJO) energy shares have had a tough start to the new month. Here’s what’s happening and what to ...