News

The focus of this post is an overview of World oil production, along with a more detailed review of the top 11 Non-OPEC ...
Saudi government officials ”haven’t said they’re going to crush the U.S. oil and gas industry, but it’s a foregone conclusion ...
Israel prepares major Gaza operation that may forcibly relocate civilians and risks escalating regional tensions.
Oil prices surged by approximately 2% following the U.S. and China's agreement to ease tariffs, fueling optimism for a ...
Opec+’s repeated decisions to boost oil output signal an acceptance by Saudi Arabia that it is unable to push prices higher, ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
Oil jumped as much as 4% before paring gains Monday after a US-China trade truce sent the overall stock market and commodities higher. West Texas Intermediate ( CL=F) futures rallied over 2% to hover ...
The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...
Wall Street banks have sharply downgraded oil price forecasts for 2025 and 2026 after OPEC+ unexpectedly accelerated ...
Brent crude futures climb 27 cents, or 0.4%, to $64.18 a barrel at 0001 GMT. US WTI crude futures trade at $61.30 a barrel, ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...