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Until recently OPEC + was showing restraint. Strict quotas, cutting the group’s production by nearly 6m b/d, were introduced ...
What is WTI Oil? WTI Oil is a type of Crude Oil sold on international markets. The WTI stands for West Texas Intermediate, ...
According to StanChart, the path of least resistance for oil prices is lower, with prices likely to remain low in the coming ...
The oil market has entered choppy waters once again. Crude prices fell by a dramatic 18% in April y/y — the sharpest monthly ...
Muhammad bin Salman, the crown prince and de facto ruler, often known as MBS, has been trying for a decade to ease Saudi ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
The decision of ExxonMobil to invest $1.5 billion in deepwater oil projects in Africa’s biggest oil-producing country is ...
Idaho gas prices dip to $3.29 per gallon as crude oil costs fall. Experts warn of rising demand near Memorial Day despite ...
Another large supply hike from OPEC+ confirms the group's policy change. However, the issue is that this policy shift is occurring at a time when there is already plenty of demand uncertainty.
Here's a breakdown of the forces that are buffeting oil prices, and what it means for individuals and the economy.
Oil prices fell by more than US$1 a barrel on Wednesday as investors doubted that upcoming US-China trade talks will result ...
Ardmore Shipping Corporation ( NYSE: ASC) Q1 2025 Earnings Conference Call May 7, 2025 10:00 AM ET ...