News

Global oil prices rallied hard on Monday, lifting U.S. crude to the highest levels in two weeks, as investors shrugged off a ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
Rising OPEC+ supplies and new streams of oil coming online globally are increasing options for European and Asian refiners ...
OPEC+ production gains pressure U.S. crude exports, weakening light sweet oil demand and adding bearish weight to the current ...
Big moves, if not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. The cartel, ...
More than 30,000 people from 100 countries are expected to descend on the white-collar heart of Canada’s oilpatch next week ...
Some analysts expect the loss in Canadian supply to offset more than half the increases next month planned by OPEC+.
Iraq's oil ministry said on Thursday it holds the Kurdish regional government (KRG) legally responsible for the continued ...
Nigeria’s Dangote Refinery is importing rising volumes of U.S. WTI crude as domestic supply struggles and American grades ...
"Michigan drivers are seeing lower prices at the pump, with some metro areas seeing averages below $3 a gallon," Adrienne ...
Saudi Arabia, Iraq, Kuwait, Kazakhstan, Oman, Algeria, Russia and the United Arab Emirates -- referred to as OPEC's Group of 8 -- announced 2.2 million b/d of voluntary cuts in November of 2023, and ...
Iran is shipping less oil to China, as toughening sanctions snarl the OPEC producer’s shipments and refinery demand falls in ...