OPEC’s Power Is Waning. That’s Bad for Oil Bulls.
OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the ...
Oil prices tick higher as investors await OPEC+ decision
Oil futures rose slightly on Wednesday, finding support as investors look ahead to a meeting of the Organization of the ...
Crude Oil steady after API came in as surprise build ahead of OPEC+ and EIA
US President-elect Donald Trump threatens to drag the Middle-East region into a war if hostages are not released.
OPEC oil output rises in November as Libya recovers, survey finds
OPEC oil output rose for a second month in November as Libya's production recovered after resolution of a political crisis, a ...
Oil Steadies as OPEC Uncertainty Counters China’s Economic Gain
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
OPEC Update - November 2024
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
Why Trump Is a Wild Card for Saudi Arabia's Hold on Oil Markets
Saudi Arabia’s sway over OPEC long meant dominance of the global oil market. But the cartel’s fractious members are pushing to pump more, in part due to the expectation of growing competition from U.S ...
FTSE 100 Live 04 December: Oil price higher ahead of OPEC meeting, index set to fall
Extensions to the operating life of four nuclear power stations have been confirmed by Centrica, which holds a 20% stake in ...
OPEC Crude Output Rises as Libya’s Recovery Offsets Iraqi Curbs
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...