The Saudi-led cartel said its members would start gradually pumping more oil in April. By Rebecca F. Elliott Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC ...
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
The cartel still expects demand to grow by 1.45 million barrels a day this year and 1.43 million barrels a day the next, ...
Belarus and Russia are coordinating potash production cuts and may form a new cartel, which could drive potash prices higher.
The Organization of the Petroleum Exporting Countries stuck to its oil-demand ... The DoC, the cartel's formal name for OPEC+, was formed in 2016 and comprises the 12 OPEC members and 10 non ...
The US President has also been exerting pressure on Saudi Arabia and other OPEC nations to “bring down the cost of oil” while doubling down on his threat to use tariffs. The oil cartel and its ...
Key Takeaways The Organization of the Petroleum Exporting Countries (OPEC) said Wednesday that it is maintaining its oil production and economic growth outlook for 2025 and 2026.The cartel said it ...
OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald Trump.