News

The reduction comes despite OPEC+, which comprises OPEC and its allies including Russia, beginning in April to unwind its ...
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
U.S. oil prices fell to $57 a barrel after the OPEC Plus cartel said this weekend that it would pump more oil.
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
The Organization of Petroleum Exporting Countries (OPEC) has reported a decline in Nigeria’s oil production following its April Monthly Oil ...
The group agreed to raise output in June, a sign that Saudi Arabia and its allies appear to be weary of cutting output and ...
Gas prices in the US are averaging about $3.12 per gallon, and could drop below $3 this summer as oil trades at the lowest ...
Oil buckled on concerns of a global glut after OPEC+ agreed to another bumper output increase, adding to supply at a time ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...