The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost ...

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, ...

LONDON (Reuters) - OPEC+ has exported a record amount of refined products, blunting the impact of the group's crude output ...

Are OPEC production quotas the main reason for Aramco’s reduced dividends? Attributing Aramco’s reduced dividends solely to OPEC’s production restrictions oversimplifies a complex economic ...

Russian President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman agreed on the importance of upholding their OPEC+ commitments and discussed moves to bring peace to Ukraine during ...

Middle Eastern OPEC+ producers are exporting record volumes of refined petroleum products, potentially mitigating the impact ...

MOSCOW : Kazakhstan contributed more than a half of overall OPEC+ oil production rise in February, lagging behind its pledges to reduce production, OPEC data showed on Wednesday. Kazakhstan has ...

According to the OPEC data, Kazakhstan produced 1.767 million barrels per day (bpd) of oil in February, up from 1.570 million bpd in January. It has promised to cut the output and compensate for ...

It added that OPEC may actually only add around 40,000 bpd of oil to the market following its April cut unwinding from Saudi Arabia and Algeria, because continued overproduction from other member ...

Wednesday closed up +1.43 (+2.16%), and April RBOB gasoline (RBJ25) closed up +0.0451 (+2.14%). Crude oil and gasoline prices on Wednesday finished moderately higher.  Wednesday's weekly EIA inventory ...

OPEC+ will now increase oil production and exports at President Trump’s urging, increasing oil production by 138,000 barrels ...

Discover the... Oil: Bull Case Limited in Near Term, OPEC Scaremongering Infinite By Barani Krishnan - Oct 13, 2023 29 New China data brings back old worry about economy in top oil importer 2024 ...