Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
Additionally, JPMorgan analysts theorized that if Russia decides to cut production further in the coming quarter, that ...
On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar.
Oil prices could rally to $100 a barrel as soon as September following Russia's shift to cut production, though the U.S. is ...
SHOULDN’T OIL PRICES be surging? War has returned to the Middle East. Tankers in the Red Sea—through which around 12% of ...
More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.
Demand forecasts from the IEA, OPEC, and the EIA have diverged dramatically in recent, a fact that should worry OPEC.
Russia's government has ordered oil companies to lower their output in the second quarter so that the country can meet its ...
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
Iraq said it will reduce oil exports in the coming months to compensate for producing above its OPEC+ limits in January and ...
Moscow’s decision to reduce oil output is likely to drive the price of oil to $100 a barrel this year unless other suppliers take action, J.P. Morgan Global Commodities Research said Wednesday in a ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...