Opinion
Why Does Brazil Announce New Oil Drilling Two Weeks Before COP30?
With COP30 just two weeks away, Brazil approved new Amazon oil drilling — reinforcing a pattern of pre-UN-summit moves that risk weakening its climate credibility.
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OPEC+ plans to raise oil production by 137,000 barrels per day in November
OPEC+ is expected to approve another production increase of 137,000 barrels per day at its meeting next Sunday, according to a report from Reuters on Sunday. This follows months of output hikes since ...
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OPEC+ agrees to another output hike in November despite growing concerns of glut
OPEC+ on Sunday agreed to increase crude production in November by another 137,000 barrels a day, despite rising concerns of a global glut. The group of major oil-producing countries has been ...
Crude Oil Prices
OPEC+ Oil Production Jumped by 630,000 Bpd in September
The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from August as the alliance last month completed the unwinding of 2.2 million bpd cuts that began ...