News

World oil supply will rise more rapidly than previously expected this year as Saudi Arabia and other OPEC+ members unwind ...
Concerns about higher OPEC production has likely kept oil from joining the rally in growth-sensitive metals, while fears of collateral damage to demand from an “imaginary recession” are overdone, said ...
President Donald Trump’s campaign promise of U.S. “energy dominance” is running into a flood of OPEC crude oil — a surge of ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
Prices have been on the downward trend since early April, when they fell as low as $55 a barrel on the heels of Trump’s ...
Oil slumped as OPEC+ discussed making a second major production increase, inflaming concerns about swelling global supplies ...
U.S. crude oil production is now expected to decline in 2026 - the first year on year decline in U.S. production in roughly a ...
Oil prices fell to a four-year low in April and are expected to drop further amid uncertainties about global economic ...
OPEC+ is accelerating the rollback of production cuts ... analysts at Standard Chartered have reported that the latest OPEC ...
Clarksons VLCC fleet weighted average has fallen 17.5% over the last week to $45,600 per day, while the suezmax assessment ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, five OPEC+ sources said as the group’s leader Saudi Arabia seeks ...