Analysts have raised their forecasts for oil prices, as they try to understand Saudi Arabia’s intentions with recent production cuts.
Opec’s leader claims its massive oil production cuts are no different to the actions of central banks, as oil prices hit a ...
America’s emergency oil stockpile has plunged to 40-year lows. The shrinking Strategic Petroleum Reserve is limiting Washington’s ability to shield consumers from the fallout of Saudi Arabia’s ...
Crude oil prices on Tuesday jumped as much as 2.7% to the highest since November after Saudi Arabia and Russia said they’re ...
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Saudi Arabia will extend its voluntary 1 million bpd crude ...
Global oil inventories were expected to fall in the fourth quarter after Saudi Arabia extended output cuts this month, while ...
Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market ...
Russia and China have been bankrolling Iranian oil and gas projects for a while, but surprisingly, its regional rival Saudi ...
U.S. crude oil production is forecast to rise more than previously thought in 2023, while global oil inventories are expected ...
HSBC Global Research on Friday raised its forecast for Brent oil prices in 2023 and 2024, predicting that the market would ...
Crude oil prices on Tuesday jumped as much as 2.7% to the highest since November after Saudi Arabia and Russia said they’re extending their voluntary production cuts through the end of the year.
Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through the end of this year, trimming 1.3 million barrels of crude out of the global market ...
