Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
OPEC’s crude production declined sharply last month after a political crisis slashed supplies from Libya. Output from the Organization of Petroleum Exporting Countries slumped by 480,000 barrels a day ...
Last week, the Financial Times reported that Saudi Arabia was ready to abandon its unofficial price target of $100 a barrel ...
U.S. Dollar surge and OPEC+ production increase weigh on oil prices. Charts predict crude may test $64.04 as demand concerns ...
Equatorial Guinea, OPEC’s smallest producer, plans to boost oil and gas output following the exit of Exxon Mobil Corp. from ...
OPEC raised its forecasts for world oil demand for the medium and long term in an annual outlook, citing growth led by India, ...
According to OPEC, oil demand will remain robust for decades, with growing demand in non-OECD regions and the continued need ...
Saudi Arabia, the de-facto leader of the Organization of the Petroleum Exporting Countries, is once again faced with a ...
Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...
Analysts have cut their 2024 oil price forecasts for a fifth consecutive month, citing weaker demand and uncertainty over ...
Saudi Arabia is again signaling a shift in strategy to protect global market share. The last time this happened, an oil bust ...
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