Experts predict oil prices will continue to rise heading in the fourth quarter, driven by tighter supply and production cuts. Despite some profit taking in the last week of September, crude oil prices ...
"The odds are higher than the market is currently discounting that the Saudis will take their foot off the brake sooner." ...
Brent crude is climbing toward $100 a barrel after the two OPEC+ nations made a risky choice to slice their production.
Saudi Arabia has likely pulled in an extra $30 million a day in oil revenue, or about $2.6 billion over the past quarter.
Opec’s leader claims its massive oil production cuts are no different to the actions of central banks, as oil prices hit a ...
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Saudi Arabia will extend its voluntary 1 million bpd crude ...
OPEC oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria ...
Crude prices going above $100 per barrel mark brings inflationary pressures on global economy and will compel central banks to raise interest rates all over again.
Crude oil prices on Tuesday jumped as much as 2.7% to the highest since November after Saudi Arabia and Russia said they’re extending their voluntary production cuts through the end of the year.
U.S. crude oil production is forecast to rise more than previously thought in 2023, while global oil inventories are expected ...
Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market ...
Opec oil output rose for a second straight month in September, a Reuters survey found on Monday, led by increases in Nigeria ...