Experts predict oil prices will continue to rise heading in the fourth quarter, driven by tighter supply and production cuts. Despite some profit taking in the last week of September, crude oil prices ...
Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.
"The odds are higher than the market is currently discounting that the Saudis will take their foot off the brake sooner." ...
Saudi Arabia has likely pulled in an extra $30 million a day in oil revenue, or about $2.6 billion over the past quarter.
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Saudi Arabia will extend its voluntary 1 million bpd crude ...
Saudi Arabia and Russia on Tuesday deepened their oil supply cuts, announcing an agreement to continue scaling back production by 1 million barrels per day through the end of 2023. The voluntary ...
Extensions come despite oil rally, fresh blow to Biden Riyadh extends 1 mln bpd cuts to end-2023 Moscow extends 300,000 bpd cuts to year-end Both to review cuts monthly, may deepen or boost DUBAI ...
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria ...
FILE - A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through ...
A Reuters survey has found that oil production output from the Organization of Petroleum Exporting Countries (OPEC) in the month of September 2023 rose on increases from Nigeria and Iran.
Opec oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria ...
FILE - A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through ...