The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower ...
The latest Market Talks covering Energy and Utilities. Published exclusively on Dow Jones Newswires at 4:20 ET, 12:20 ET and ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
The IEA’s February oil market report had suggested a slightly narrower surplus of around 500,000 bpd, Reuters calculations ...
Oil prices fell on Monday afternoon to their lowest level of the year after the OPEC oil cartel and its allies affirmed plans ...
Seaborne fuel exports from Gulf OPEC+ members Iraq, Kuwait, Oman, Saudi Arabia and the United Arab Emirates hit at an ...
Kazakhstan will quickly adjust its oil output in order to get back in line with its OPEC+ quota after exceeding the limit in ...
Oil futures gain as the EIA's report of a 1.4 million barrel increase in U.S. crude oil stocks is offset by a bigger-than-expected 5.7 million drawdown in gasoline inventories. U.S. inflation for ...
Others, like the United Arab Emirates and Gabon, are also producing slightly above their assigned quotas. This has caused an ...