The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...
Qatar has reduced the price of its al-Shaheen crude for May deliveries, following Saudi Arabia's lead, due to a well-supplied oil market and increased OPEC+ production.
Kazakhstan is engaging in discussions with major oil companies to reduce its production and align with OPEC+ agreements, aiming to compensate for significant overproduction.
with market watchers now wondering whether the group will consider pausing its plans or cutting output again later this year in order to sustain prices. In February, overall OPEC crude-oil ...
West Texas Intermediate (WTI) Oil price edges higher on Friday after losing more than 1% in the previous session. However, ...
OPEC also kept its estimates ... traded around $67 a barrel. Oil prices are supported by a weaker U.S. dollar and the Energy Information Administration cutting its forecast for a global oversupply ...
ExxonMobil plans to forge ahead on increasing oil output over the next five years despite signals that the global market is ...
Oil executives gathering in Houston this week learned the hard way that US President Donald Trump’s pro-fossil fuel agenda ...
The WTI price remains under selling pressure amid concern about the impact of US import tariffs on global economic growth and ...
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.
A theme for 2025 might be the power of reversion. Commodity and US Treasury bond indexes show bottoming patterns from ...
Just how low will the oil price go in 2025? Let’s find out. The post Why ASX 200 energy shares are facing a plunging oil ...