Short covering emerged in crude Wednesday after Russian President Putin and Saudi Crown Prince Mohammed bin Salman stressed ...
The oil market shook off early weakness that had pulled U.S. and global benchmark prices to their lowest intraday levels in about two weeks one day after a downgrade in global demand growth ...
Both U.S. and global oil production are set to rise to slightly larger record highs this year than prior forecasts, the U.S. Energy Information Administration said on Wednesday.
December WTI crude oil (CLZ24) today is up +0.35 (+0.51%), and December RBOB gasoline (RBZ24) is up +0.0006 (+0.03%). Crude ...
U.S. and global crude-oil prices on Wednesday touched their lowest levels in about two weeks, a day after OPEC+ lowered expectations for global demand growth. Trade ...
Russian President Vladimir Putin and Saudi Crown Prince Mohammed bin Salman underscored the importance of continuing a "close ...
Given that oil demand growth next year probably won't be much more than 1 million barrels a day, a full unwinding of OPEC+ ...
Good afternoon, readers and happy Tuesday! In today’s edition of Daily on Energy, Callie and Maydeen take a look at several new initiatives brought by the Biden administration, including the EPA ...
Deviation from the OPEC+ oil production target was the highest for Iraq, 163,000 bpd above the target, although the country slashed oil production by 66,000 bpd MOSCOW, November 12. /TASS/. OPEC+ ...
Kazakhstan lowered oil production sharply in October, with maintenance work closing one of its main fields, but still failed ...
The IEA will release its latest monthly report on Thursday. Meanwhile, the latest Platts OPEC+ survey from S&P Global Commodity Insights showed that crude-oil output from OPEC+ rose 30,000 barrels per ...
OPEC scaled down forecasts for growth in global oil demand for 2024 and 2025 on Tuesday for the fourth consecutive month.