Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s ...
Trump cannot command US oil to "drill baby, drill" as they will act in their own self interest. Likely, US oil will verbally ...
In January, Nigeria made real its focus to ramp up oil production, raising average daily crude output to 1,538,697 barrels per day, which is 103 per cent of the OPEC quota. This is also about ...
BRASILIA, Brazil -- Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country's evolution into a major oil state just nine months ahead of ...
1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.46 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.73 USD 1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 534.49 ...
A weak dollar and geopolitical problems are fueling the speculative bubble in oil markets which should be trading at around half the current price of a barrel said on Monday, OPEC President Chakib ...
the largest producer in OPEC, at about 11 million barrels. Lula’s pursuit of increased oil production has met criticism as Brazil prepares to host the UN climate summit known as COP30 in November.
the largest producer in OPEC, at about 11 million barrels. Brazil´s move is “comprehensive and coherent,” said Luís Eduardo Duque Dutra, an oil expert and a professor in the chemistry ...
One of them said the oil ... again. OPEC and the Saudi government communications office did not immediately respond to requests for comment. OPEC+ is cutting output by 5.85 million barrels per ...
comprising OPEC and a dozen non-OPEC producers led by Russia, is mulling over postponing the gradual increase in oil supply. The alliance is considering pushing back the start of the easing of the ...
Crude was higher, and the potential resumption of oil exports from Iraq’s Kurdistan region could challenge the country’s ability to comply with OPEC+ quotas, Commerzbank said.
Trump has urged the Opec to “cut the price of oil”, reprising a theme of his first term. Yet at US$74 a barrel, prices remain too low for many Opec members to cover government spending, and last week ...