No $100 oil coming soon … but is a rebound coming in Q4? … the contrarian case based on extreme pessimism … long-term ...
Federal regulators are alleging a major oil company CEO conspired with foreign governments to keep oil and gas prices high.
LONDON (Reuters) - OPEC on Tuesday cut its forecast for global oil demand growth in 2024 reflecting data received so far this year and also trimmed its expectation for next year, marking the ...
New Federal Trade Commission complaint alleges new energy company executive worked with foreign countries to fix prices at artificially high levels ...
Oil’s price increase Thursday was relatively mild because OPEC is still expected to increase production in a few months. So ...
[Stay on top of transportation news: Get TTNews in your inbox.] OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that ...
OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States, are expected to continue to increase production. By Stanley Reed ...
The Organization of the Petroleum Exporting Countries slightly cut its forecast for oil-demand growth after delaying its planned output hikes last week in a bid to support sinking prices. The ...
(Bloomberg) -- OPEC doubled down on forecasts that global oil demand will keep growing to the middle of the century, an outlier view that scientists say would lead to climate catastrophe.
“Everybody would agree that non-OPEC supply is strong enough to create ... Yet the coalition vacillated over the plan as soon as it was announced. Led by Saudi Energy Minister Prince Abdulaziz ...
Global demand for oil is set to climb over the next two decades, with the fossil fuel expected to hold a nearly 30% share of the energy mix even as the world ramps up efforts to reduce emissions ...
(Bloomberg Opinion) -- OPEC is like a teabag – it only works ... works if one achieves higher prices — but Saudi Arabia is so far getting the worst possible outcome: low production and low ...