Goldman Sachs on Monday said it expects non-OPEC+ output growth to slow by about 0.3 million barrels per day (mb/d) over a 12 ...
The USOI ETN's strong distribution yield has offset crude oil's negative fundamentals. Check out why I downgrade the fund ...
Russia's central bank has warned the Kremlin's policy makers the United States and OPEC have the capacity to flood the oil ...
According to the Reuters report, OPEC+ plans to increase output by a further 135,000 barrels per day in May. This would be ...
Crude oil logs biggest weekly gain since January on US sanctions, OPEC+ group cuts: Brent gains over 2% in five days ...
Iraq a fellow OPEC member like Nigeria plans to raise oil production capacity to more than 6 million barrels per day (bpd) by ...
This move aims to compensate for pumping above agreed levels, with monthly reductions ranging from 189,000bpd to 435,000bpd.
Trump knows that Saudi Arabia is critical to lowering oil prices and pressuring Russia to come to the bargaining table.
Crude oil futures posted their second straight weekly gain, boosted by bullish geopolitical developments, while OPEC+ sent ...
We're seeing a complex interplay of supply and demand factors', said Ann-Louise Hittle, Vice President of Oils Research at ...
Arabian Gulf Business Insight on MSN5h
Opec+ on track for May production rise
Opec+ will probably stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, amid steady oil prices and plans to force some members to reduce pumping to ...