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OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
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Oil Prices Surge as Market Shrugs Off OPEC Quota Shock
Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quotas by more than expected.
Oil sinks 4% after OPEC output increase
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
Exclusive: OPEC+ to further speed up oil output hikes, sources say
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
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Iraq’s Oil Exports to India Topped $29 Billion in 2024
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
Oil prices sink as OPEC+ hikes output, U.S. stock futures dip ahead of Fed meeting
Oil prices sank Sunday while U.S. stock futures declined after the S&P 500 notched its longest winning streak in more than 20 ...
OPEC+ agrees another accelerated oil output hike for June
OPEC+ has agreed to accelerate oil production hikes for a second consecutive month, raising output in June by 411,000 barrels ...