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

The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...

OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...

The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra supply.

The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...

OPEC and its allies are once again faced with a difficult choice next week--extend production cuts or increase its own market share.

Here is a look at Wednesday’s business headlines with Jeff Vaughn, where he discusses Nike launching its new blue suede shoes and gas prices falling. BlackRock to acquire two ports serving Panama ...

OPEC noted in its statement that the decision comes after an initial announcement made by Alexandre Silveira, Minister of Mines and Energy of Brazil, at the 36th OPEC and non-OPEC Ministerial ...

Brazil will be joining the Organization of the Petroleum Exporting Countries, or OPEC+, highlighting the South American country’s growing status as a major oil exporter.

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 ...

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