Crude oil prices are poised to face bearish pressures in the short term as geopolitical risks ease and demand concerns linger ...
OPEC+ postponed its meeting on oil production plans to December 5th due to scheduling conflicts, with the group expected to ...
The United Arab Emirates has been accused of defying production cuts from the Opec+ oil cartel, as tensions threaten to ...
OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
When OPEC+ ministers meet this weekend, they confront the unpalatable choice: continue to curb oil-supplies well into 2025, ...
Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.
Crude oil inventories in the US fell more than expected in the week ended November 22 as imports plunged, the US EIA said.
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...
Unexpected U.S. gasoline build dampens oil demand outlook. OPEC+ meeting delay adds to uncertainty for crude oil futures.
The fraught outlook for OPEC+ comes even before oil markets absorb the impact of a second term for Trump, who has promised ...
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...
The OPEC+ alliance of major oil-producing nations has postponed a weekend meeting to December 5 in what analysts said were ...