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The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Crude oil futures settled at the lowest levels in more than four years after the decision by OPEC+ to accelerate its ...
Saudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...