The last oil price war has indebted, but not reduced U.S. shale production, while costing OPEC members $450 billion in lost revenues.
Global oil demand is under pressure from the escalating trade war at the same time that OPEC+ is reviving output, threatening ...
Oil prices suddenly broke out of a months-long slumber this week to touch a three-year low. Now, traders are grappling with ...
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The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
Gas prices are expected to drop following the Organization of the Petroleum Exporting Countries’ announcement that they will raise output by 2 million barrels a day. The price of crude oil ...
The WTI price attracts some sellers amid geopolitical concerns, the OPEC+ production increase announcement and US ... "The change in OPEC strategy looks like they are prioritizing politics over ...
After very low Brent oil prices at the end of 2024, where the average price fluctuated around $80, March brings us the lowest ...
Members of OPEC+ are planning to gradually unwind production curbs in April, which would add supply and could lead to lower prices.