The latest OPEC monthly report placed the Caribbean nation’s October output at 895,000 barrels per day (bpd), as registered ...

The State Bank of Vietnam (SBV) has proposed new regulations on the mergers and consolidation of credit institutions, to ...

Fundamental factors, including estimates from OPEC, the International Energy Agency (IEA), and the U.S. Energy Information Administration (EIA), point toward an oversupply scenario in 2024. "The ...

This chart shows U.S. voters' views on the economy and how they voted in the 2024 U.S. presidential election. More Information The number of Statista-cited media articles has increased over the ...

The OPEC+ group, which includes the Organization of the Petroleum Exporting Countries (OPEC) and other major producers, announced on Sunday a decision to continue production cuts of 2.2 million ...

Beijing, Nov. 4 (BNA): Oil prices extended gains on Monday, rising more than USD 1 on a decision by OPEC+ to delay plans to increase output by a month. Brent futures rose by USD 1.18 per barrel, or ...

Crude prices rallied after OPEC and its allies delayed a planned production increase by a month, as Israel-Iran tensions remain heightened, and the U.S. election looms. Dig deeper: ...

No reason was given for the move, which comes ahead of the U.S. presidential election on Tuesday. In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would ...

ING and other forecasters had assumed the Saudis and OPEC would rather risk even lower prices with additional supply in order to regain market share. This clearly wasn’t the case. Therefore ...

In June, OPEC said 2.2 million barrels a day in voluntary cuts were extended until September but would then be gradually reduced month by month until they are eliminated by September 2025.

Prices for U.S. crude also rose about 2 percent to above $71 a barrel. OPEC Plus had first announced in June that it would gradually increase production by an estimated 2.2 million barrels a day ...

It's the culmination of a multi-year period that saw OPEC+ members cut production to support higher market prices, only to be undercut by expanding production from non-OPEC exporters. Looking into ...