OPEC and Saudi Arabia have repeatedly said they do not target a certain price and make decisions based on market fundamentals and in the interest of balancing supply and demand. The output ...

Papua New Guinea (PNG) is richly endowed with natural resources, but exploitation has been hampered by rugged terrain, land tenure issues, and the high cost of developing infrastructure. The ...

OPEC raised long-term oil demand forecasts, citing growth in India, Africa, and the Middle East. Smartsheet was sold for $8.4 billion to Blackstone and Vista. Visa faces an antitrust lawsuit over ...

VIENNA, Sept. 12, 2024 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) is significantly stepping up its development support with nearly US$1.2 billion in new funding ...

The OPEC+ alliance is not discussing any proposals of changes to its current oil production plan, which envisages the group starting to add supply to the market in December, Russia’s Deputy ...

Scientists found “large” lizard with “baggy” skin in a forest of Papua New Guinea and discovered a new species, a study said. Photo from Getty Images / iStockphoto In a dark forest of ...

Photo from Getty Images / iStockphoto Near a village in Papua New Guinea, a “giant” creature with “baggy” skin perched on a branch, its “tan” eyes scanning the surrounding forest.

US activity data modest; eyes on waterfront strikes; China on holiday; China stocks roar; German inflation low; Australia posts another surplus; UST 10yr 3.78%; gold slips and oil holds, NZ$1 = 63.7 ...

Donald Trump has long used fear as a tool to stir up his conservative base. He’s taking his doomsday approach to a new extreme, predicting World War III and other catastrophes. By Michael Gold ...

Oil prices jump, but can't avert fourth-straight weekly loss; OPEC meeting eyed By Investing.com - Nov 17, 2023 Investing.com -- Oil prices staged a rally Friday, but that proved too little too ...

Iran fired ballistic missiles into Israel on Tuesday, a sharp escalation of the conflict between the two countries. Raja Abdulrahim/The New York Times People across central Israel sought cover as ...

Oil Bulls Run On Fear Of OPEC Production Cuts By IronFX Strategy Team - Feb 21, 2019 WTI jumped higher in the U.S. session on Wednesday, setting new 2019 highs, strengthened by fears of OPEC led ...