After a recent marginal recovery, oil is currently lurking around $85/barrel. However, that is unlikely to be enough for ...
Goldman Sachs analysts said Thursday they no longer expect OPEC+ to partially reverse recent voluntary production cuts in ...
The benchmark crude WTI (CM:CL) has recorded modest gains this week, fueled by slight hopes of a Fed rate cut following ...
Scott Sheffield, the founder and longtime CEO of a leading American oil producer, attempted to collude with OPEC and its ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
The OPEC+ group is currently cutting output by 5.86 million bpd ... 2 million bpd of cuts to be unwound after June, analysts ...
Pioneer Natural Resources CEO Scott Sheffield was banned from ExxonMobil’s board after a merger for conspiring to keep gas ...
OPEC+ is likely to keep oil production unchanged in June due to stable inventories and prices, but may rescind some previous ...
May 8 (Reuters) - Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March ...
With Opec-plus production cuts due to expire in December and new targets needed for 2025, the thorny issue of baselines is ...
The U.S. Federal Trade Commission (FTC) on Thursday barred former Pioneer Natural Resources CEO Scott Sheffield from joining ...
OPEC+ decisions are not above political influence. This was on display most prominently in 2022, when Saudi Arabia led OPEC+ ...