Opec's decision to relax output curbs has sparked fears of an oil glut that could derail Cop28 fossil-fuel phase-out plans ...
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 ...
Discover the U.S. shale boom's impact on global oil markets and OPEC's trillion-dollar strategic shifts. Learn about future ...
Get ready for a long period of low oil prices, says the International Energy Agency. A rapid rise in the amount of oil in the ...
Part of the reason why OPEC is failing to keep prices high is because its members are failing to keep to their output targets. In March the group’s leaders and Russia extended production cuts, vowing ...
LONDON, June 10 (Reuters) - Portfolio investors sold record volumes of petroleum last week after OPEC⁺ surprised the market ...
The Federal Reserve met in June, holding interest rates steady, pointing to one rate cut in 2024, and pushing their inflation ...
By John Kemp, senior energy analyst Oil futures prices have fallen to the lowest level for four months and calendar spreads ...
The decline in the price of prompt Brent can be attributed to apprehensions regarding the demand for gasoline and diesel ...
Investors sold off record-breaking volumes of petroleum after OPEC⁺ announced increased production plans for late 2024. The ...