News

Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...
This widening deficit has sparked renewed conversations about Saudi Arabia's economic prospects, as oil revenues remain ...
The oil market appears to be telling Saudi Arabia that its shift to pumping more oil after five years of cutting output was ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
OPEC+ stunned the oil market by doubling its planned supply increase and raising prices for Asia, sparking speculation about ...
The recent collapse in oil prices threatens Saudi Arabia's Vision 2030 projects but recent images highlight significant ...
We’re a little over 100 days into this new administration and, ‘Good Lord.' There’s been a tremendous amount of volatility ...
Saudi Arabia is boosting oil output, pressuring U.S. shale producers and shaking markets. Here's how this move could impact ...
U.S. onshore oil production has likely peaked and will start to decline due to the recent plunge in crude prices, jeopardizing the nation’s position as the world’s largest fossil fuel producer and its ...
The benchmark diesel price used as the basis for most fuel surcharges fell Monday for the fourth consecutive week, as global ...