The Wrong Oil Price Is Truthfully a Problem for OPEC
The best scandals are those that start when someone, somewhere, decides to say something utterly shocking: the truth! A senior official of the OPEC oil cartel has said publicly what many thought privately — the group has been keeping oil prices too high,
John Driscoll of JTD Energy Services says that the OPEC+ meeting delay is likely due to some "internal skirmishing and ...
OPEC’s crude production increased for a second month as Libya continued to recover from a political feud that had shuttered ...
Oil prices have been under pressure from high interest rates, a strong dollar, and high U.S. oil production. OPEC could ...
Output for August 2024 was revised higher by 4 kb/d and September 2024 output was revised higher by 25 kb/d compared to last ...
Oil rose along with Asian equities on signs of a slow recovery in China’s economy, as traders look to Thursday’s OPEC+ ...
A broadening of US sanctions on tankers that haul Iranian crude has jammed a crucial cog of the trade, slowing the delivery ...
Oil prices flat as President-elect Trump threatens to hit BRICS nations with 100% tariffs if the group backed alternatives to ...
OPEC+ has been withholding 2.2 million barrels of oil supply daily for well over a year now—and it might have to start ...
The OPEC+ alliance of oil-producing countries has postponed its next meeting on output policy to Dec. 5 from Dec. 1 to avoid ...
The OPEC Fund for International Development (the OPEC Fund) has signed a US$40 million loan as part of a US$394 million ...
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