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The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
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Investor's Business Daily on MSNOPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi VisitThe Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
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