Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...
OPEC+ has decided to proceed with a planned April oil output increase, the group said on Monday, a move that follows U.S.
A group of oil-producing countries known as OPEC+ will proceed with a long-delayed hike in oil production. Eight countries ...
Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.
Oil futures fell Tuesday, building on losses seen the previous session after the Organization of the Petroleum Exporting ...
Global oil demand will hit a record this year as Asian countries, particularly China and India, continue to expand ...
The US EIA forecasts Brent crude prices to average $74 per barrel in CY25, down 8 per cent Y-o-Y and to decline to $66 per ...
“The current downward trend in oil prices is primarily driven by OPEC+’s decision to increase output and the introduction of ...
The OPEC+ group of crude oil exporters justified their decision to increase production by pointing to "the healthy market ...