Goldman Sachs (NYSE:GS) analysts have deemed the recent OPEC+ meeting as bearish, citing plans to phase out extra voluntary ...
The Organization of the Petroleum Exporting Countries (OPEC+) on Sunday agreed to extend output cuts through next year, likely keeping prices high through the November presidential election.
Opec's decision to relax output curbs has sparked fears of an oil glut that could derail Cop28 fossil-fuel phase-out plans ...
Discover the U.S. shale boom's impact on global oil markets and OPEC's trillion-dollar strategic shifts. Learn about future ...
Investing.com-- Oil prices settled lower Tuesday as investors awaited fresh updates on weekly crude inventories amid ongoing worries about the impact of higher for longer U.S. interest rates on oil..
NEW YORK, May 28 (Reuters) - Oil prices gained more than $1 a barrel on Tuesday on the expectation that OPEC+ will maintain crude supply curbs at its June 2 meeting, while the start of U.S. summer ...
This article analyzes the ProShares UltraShort Bloomberg Crude Oil ETF within the context of the recent OPEC meeting and its impact on oil prices. OPEC+ extended oil production cuts to support ...
OPEC’s crude oil production rose by 29,000 barrels per day (bpd) in May compared to April as the OPEC+ group headed for the ...
The 2 June 2016 OPEC meeting will be held amid a backdrop of oil prices near $50 per barrel, a sharp drop in Nigerian production due to sabotage, turmoil in Venezuela, Saudi Arabia operating with ...
OPEC's strategy to defend market share against US shale oil production has cost them trillions in lost revenue, but they may ...
Investing.com-- Oil prices fell Tuesday on concerns high U.S. interest rates will eat into demand this year, amid continued uncertainty in the Middle East. At 08:15 ET (12:15 GMT), Brent oil futures..