OPEC+ has reached a preliminary agreement to raise oil production by 548,000 barrels per day starting in September, according to...
OPEC
The European Union is moving to hit Russia where it hasn’t before, by blocking the physical flow of oil into...
TotalEnergies has warned that global oil markets are tipping into excess supply, as Opec+ increases production while demand keeps weakening....
According to the IEA, the global oil market could be under more pressure than anticipated, even though official figures point...
OPEC is sticking to its guns while everyone else is screaming climate emergency. The cartel now says global oil demand...
Oil prices moved back over $67 a barrel after Saudi Arabia unexpectedly raised prices for its Arab Light crude sold...
The International Energy Agency says that in 2025, the world will produce more oil than it needs, even as the...
The global oil market is back in chaos after Israel launched military strikes against Iran on Friday. The move pushed...
Inflation in the U.S. may seem to be cooling but don’t start celebrating yet. Sure, annual price increases have dropped...
The Saudi Arabian government is reportedly on the verge of flooding the global market with oil supply if the Organization...