OPEC is unlikely to unwind voluntary production cuts in the short term, executives of global commodity trading giants Vitol, ...
Adding to Brent Crude’s challenges were rumors that Donald Trump may slash the red tape around oil drilling on Federal lands.
OPEC+ is expected to extend its production cuts into 2025, which Goldman Sachs sees as providing near-term support for oil ...
Crude production from Iraq, Kazakhstan, and Russia has declined in compliance with OPEC+ production cuts, supporting a modest ...
Hammer was not the only market observer to point out another delay: Goldman Sachs said the recent oil drop would prompt ...
OPEC+ is facing a dilemma as the group of major oil producers meets this Sunday, thanks to expectations for a surplus in ...
OPEC+ has little scope to reverse its oil production cuts, which have triggered a wave of rival supply from the US shale ...
OPEC will likely remain committed to production curbs for yet another month, the energy minister of Azerbaijan told Reuters ahead of the group’s Sunday meeting. “OPEC+ could or couldn't discuss oil ...
Breaking from the general sentiment at the COP29 climate summit in Azerbaijan, which seeks to accelerate the phaseout of ...
The Nigerian National Petroleum Company Limited and the Nigerian Upstream Petroleum Regulatory Authority say the country’s ...
The OPEC Fund for International Development (the OPEC Fund) has signed a US$30 million loan agreement with Joint Stock ...