News

Saudi Arabia Deals a Blow to Russian Economy
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
OPEC+ production hike ratchets up global oil oversupply, Morgan Stanley says
Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...
Investor's Business Daily on MSN20h
OPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi Visit
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...
ING revises oil price forecast downward due to higher OPEC output
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
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Big Oil Isn’t Backing Down at $60 Oil
Exxon, Chevron, Shell, and TotalEnergies are sticking to aggressive production growth plans—even as profits decline and oil ...
OPEC+'s rubric not satifying all members equally: Emirates NBD
"OPEC+'s rubric is not satifying all of its members equally," Ed Bell, chief economist and head of research at Emirates NBD ...