Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
OPEC+ has decided to proceed with a planned April oil output increase, three sources from the producer group told Reuters on ...
Monday closed down -1.39 (-1.99%), and April RBOB gasoline (RBJ25) closed down -0.0345 (-1.55%). Crude oil and gasoline ...
The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely ...
Good afternoon and happy Monday, readers! We hope you all had a restful weekend. In today’s Daily on Energy, we are kicking things off with Republicans continuing their effort to roll back former ...
Output for December 2024 was revised higher by 59kb/d and November 2024 output was revised higher by 54 kb/d compared to last ...
The planned increase is set at 138,000 barrels per day, according to calculations by financial analysts. Eight OPEC+ members, ...
OPEC+ output cuts have been in place for a long period of time, but continued demand growth makes OPEC+ relevant for years to ...
Larry Hagman played oil baron J.R. Ewing in the primetime soap opera Dallas from 1978 to 1991. The show got a reboot in 2012 ...
With growing competition from non-OPEC producers, the group may need to reassess its production strategy to avoid further ...
While crude oil prices (CL=F, BZ=F) get buoyed slightly higher Wednesday morning, energy giant Occidental Petroleum (OXY) ...
Mark Rachal, director of research and publications, explains how OPEC helped the United States become the world’s largest ...