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OPEC+ ministers met in Riyadh on Sunday and agreed to extend production cuts. But they also laid out a 12-month timeline to … source
OPEC+ extended its production cuts as it seeks to bolster a fragile market, but also set a date to begin bringing some oil back … source
OPEC+ agreed to make a token oil supply cut for October, a surprise moves that shows the alliance is seeking to stabilize global markets after a...
Oil held a rally after an industry report pointed to a drawdown in US crude inventories, ahead of an online gathering between … source
Plus, a shooting at a day care in Thailand left at least 38 dead, including at least 24 children, and President Biden is extending … source
At its April meeting, OPEC+ members voted to maintain existing oil supply cuts until June, despite crude oil prices being at their highest level since October....
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Saudi Arabia has pledged an extra 1 million barrel-a-day oil supply cut in July to stabilize the market following an OPEC+ meeting over the weekend. Oil...
The White House madly pressed back at OPEC+ after the oil manufacturer team introduced its biggest supply cut considering that 2020, lashing out at what President...
OPEC+ will need to maintain its latest supply cuts throughout next year in order to keep global oil markets in balance, according to Max Layton, Citigroup’s global...
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