Trump exposes OPEC's diminished market power
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while Wall Street stocks eased as U.S. President Donald Trump is expected to decide what tariffs to impose on Canada and Mexico early on Tuesday.
The Organization of the Petroleum Exporting Countries and allies’ decision to raise crude oil production from April seems ...
Oil-exporting states have been under pressure from US President Donald Trump to slash prices, though analysts have said the ...
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Report reveals how Nigeria surpassed OPEC production quotaNigeria exceeded its assigned OPEC production quota in February, producing 70,000 barrels per day more as the organization ...
OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...
Liquefied natural gas (LNG) has been a bright spot in recent months. The United States is already the world's largest LNG exporter, and producers have plans for a massive expansion. Trump's reversal ...
Oil prices rise as Russia’s Novak hints OPEC+ may reverse April output increase, but weekly decline persists amid US policy concerns.
In other oil news on Friday, U.S. energy secretary Chris Wright estimated it would take $20 billion and years to refill the Strategic Petroleum Reserve to its maximum capacity, after former president ...
Trump promised lower energy prices, and he’s using the White House to bring them down, even if it hurts American oil and gas ...
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