The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost revenues. Oil prices have fallen fast since the 3 March announcement ...
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and ...
U.S. December oil production increased by 95 kb/d to 13,491 kb/d, a new all-time high. According to the EIA, New Mexico’s ...
In February, overall OPEC crude-oil production rose by 154,000 barrels a day to 26.86 million barrels a day. Iranian production rose by 34,000 barrels a day to 3.31 million barrels a day ...
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
OPEC+ crude production surged last month as Kazakhstan, which has long flouted the cartel’s output quotas, further breached ...
WTI crude oil continues to drop below the long-term support zone, while natural gas has hit strong resistance at $4.90.
Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to ...
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