Eight OPEC+ countries unexpectedly agreed on Thursday to advance their plan to phase out oil output cuts by increasing output ...
Key OPEC+ nations reiterated the need for members to stick to oil output quotas after the group’s surprise decision to speed ...
A meeting of top OPEC+ ministers on Saturday is expected to make no new changes to oil ouptut policy, two delegates told ...
Markets were stunned when OPEC+ when chose not only to go ahead with its plans to raise oil production, but also to nearly ...
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OPEC+ Rips Off the Band-Aid
By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken is a way to regain their lost market share.
Major oil producers announced a bigger-than-expected output boost for May, even as Trump’s tariffs tank crude prices.
The OPEC+ Joint Ministerial Monitoring Committee (JMMC) commended the additional voluntary oil production cuts implemented by ...
For most of this decade, the OPEC+ alliance has been the world’s most stalwart defender of high oil prices. In just a few ...
KUWAIT CITY, April 6: Minister of Oil, Tareq Al-Roumi, affirmed on Saturday that strong cooperation among OPEC+ member states ...
Oklahoma companies were not spared the dramatic fall in stock prices felt across the U.S. economy after Trump's tariff ...
The OPEC+ alliance will increase supply by three times the planned amount in May in what delegates described as a deliberate ...
Saudi Arabia, Russia, Iraq, UAE and others reviewed global market conditions and decided to raise collective output by ...