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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 ...
Oil Futures Rebound From OPEC-Induced Selloff
Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
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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, ...
Exclusive: OPEC+ to further speed up oil output hikes, sources say
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
Oil Sinks as OPEC+ Supply Surge Threatens to Swamp Global Market
Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...
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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 ...
Russia's oil price in roubles at two-year low, 40% below budgeted level, data shows
Russia's oil price in roubles has fallen to a two-year low below the 4,000 rouble per barrel mark and some 40% lower than ...