The international benchmark fell to its lowest point since 2021 after a decision by Saudi Arabia and other producers to pump ...
OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...
Nigeria’s oil production surged in February, exceeding its OPEC quota of 1.5 million barrels per day by 70,000 bpd, and ...
Crude oil prices rebound but remain under $70 as rising U.S. inventories and OPEC+ output hikes pressure the oil outlook. U.S. crude stockpiles surged by 3.6M barrels, raising concerns over weak oil ...
Oil prices eased slightly in choppy trade on Thursday with Brent still below $70 under pressure from trade tariffs between ...
OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and ...
The decision is a serious negative for the oil market, given that oil demand is rising too slowly to sop up all of the extra ...
Oil prices fall as OPEC+ boosts production and trade tensions rise. Crude demand concerns and bearish technicals keep traders ...
OPEC and its allies’ decision to raise crude oil production from April seems more like a move to please US President Donald ...
Crude oil futures drop as OPEC+ plans gradual production increase, impacting global oil market and commodity trading trends.
According to the survey, Organization of the Petroleum Exporting Countries oil output rose in February, as Iranian exports ...
Crude oil futures traded lower on Wednesday morning due to the anticipated increase in crude oil supplies and uncertainties ...