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OPEC oil output edged lower in April despite a scheduled output hike taking effect, a Reuters survey found, led by a cut in ...
Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
Q1 2025 Management View Executive Chairman Matt Wilks reported a 32% increase in revenue to $600 million and an 83% rise in ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Squawk Box' to discuss the state of the energy ...
Kazakhstan has no plans to reduce its record-high crude and condensate output in May, further straining the OPEC+ alliance by ...
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
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