JPMorgan and Standard Chartered believe OPEC+ will be able to relax the curbs and restore production in the second half of ...
Russia's government has ordered companies to reduce oil output in the second quarter to ensure they meet a production target ...
Putin backed the production cuts, but said the output is dropping "while it grows in other countries such as the US, and we ...
SHOULDN’T OIL PRICES be surging? War has returned to the Middle East. Tankers in the Red Sea—through which around 12% of ...
On Monday, crude oil and gasoline prices posted moderate gains on a weaker dollar.
Moscow’s decision to reduce oil output is likely to drive the price of oil to $100 a barrel this year unless other suppliers take action, J.P. Morgan Global Commodities Research said Wednesday in a ...
Demand forecasts from the IEA, OPEC, and the EIA have diverged dramatically in recent, a fact that should worry OPEC.
More than 90 percent of Iraq’s government revenue comes from oil, leaving the country hostage to global prices.
Oil traders see demand possibly picking up and supply risks increasing due to geopolitical woes.
OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025, and further raised ...
Iraq said it will reduce oil exports in the coming months to compensate for producing above its OPEC+ limits in January and ...
Russia plans to gradually ease the export cuts and focus on only reducing output. Novak has not provided the targeted level ...