After a recent marginal recovery, oil is currently lurking around $85/barrel. However, that is unlikely to be enough for ...
OPEC+ is likely to keep oil production unchanged in June due to stable inventories and prices, but may rescind some previous ...
Russia cut its crude oil production by less than pledged last month, exceeding a target agreed on in March with the ...
J.D. DURKIN: Alright, here's a look at what we're watching on TheStreet. The world's top 24 oil-producing nations are considering an oil output cut, according to a report from Reuters in what ...
As part of their commitment to compensate for exceeding production quotas, certain OPEC+ members have submitted detailed ...
The benchmark crude WTI (CM:CL) has recorded modest gains this week, fueled by slight hopes of a Fed rate cut following ...
The Organization of the Petroleum Exporting Countries (OPEC) announced last week that it would cut production of oil by approximately 2 million barrels of oil per day. That’s a reduction in the ...
a group of nations including OPEC and its allies, announced oil output cuts totaling 1.66 million barrels per day. That's on top of an existing cut of 2 million barrels per day through the end of ...
The Organization of Oil Exporting Countries (OPEC) Monday decided to cut their output of crude and ... readiness to make immediate adjustments to production.” The move seeks to keep prices ...
On Oct. 5, the Organization of the Petroleum Exporting Countries (OPEC) and its oil-producing allies that comprise OPEC+ announced they would be cutting oil production by two million barrels a day ...
Oil prices fell over 1 percent Monday in Asia following a decline of more than 3 percent Friday over disagreement between members of the Organization of the Petroleum Exporting Countries (OPEC ...
are likely to keep oil production unchanged for a further ... So far, Saudi Arabia has led OPEC? in cutting production to reduce stocks and boost prices at the expense of volumes.