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Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Asian shares have fallen and oil prices jumped as trade tensions and the Russian-Ukraine conflict ratcheted up geopolitical uncertainty ...
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
The Organization of the Petroleum Exporting Countries and their allies decided on Saturday to raise output by 411,000 barrels ...
Oil drillers in the U.S. shale heartland are slowing down operations, a sign that OPEC's high-stakes price war is starting to ...
OPEC+, the influential alliance of oil-producing nations led by Saudi Arabia and Russia, has confirmed plans to increase oil ...
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