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OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Oil Futures Rebound From OPEC-Induced Selloff
Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
Oil sinks 4% after OPEC output increase
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
Exclusive: OPEC+ to further speed up oil output hikes, sources say
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
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Iraq’s Oil Exports to India Topped $29 Billion in 2024
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
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Nigeria’s crude grades sell above $65 as OPEC agrees output hike
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
Goldman Sachs Lowers Oil Price Forecast After OPEC+ Decision to Boost Output
Goldman Sachs views the OPEC+ decision as a long-term equilibrium strategy aimed at maintaining internal cohesion and ...