OPEC Chief: The World Needs $18.2 Trillion in Oil and Gas Investment
The world needs more investment in oil and gas as they will continue to account for a large…
Oil Prices Stabilize as Traders Eye Trump-Xi Meeting
Oil prices stabilized slightly in Asian trade on Tuesday, recouping some losses from the prior week as hopes…
OPEC+ Oil Production Jumped by 630,000 Bpd in September
The members of the OPEC+ group boosted their production in September by 630,000 barrels per day (bpd) from…
Saudi Aramco Can Sustain 12 Million Mpd Oil Output for a Year
Saudi Aramco can sustain its oil production at its maximum capacity of 12 million barrels per day (bpd)…
Oil Prices Rebound After a Sharp Selloff
Oil prices rebounded in early Asian trading on Monday, recovering from sharp losses in the previous session as…
Analysts Say China’s Stockbuilding, OPEC+ Stability Providing Market Floor
Oil prices edged higher over the past week, after a bullish OPEC+ move while expanding strategic oil stocks…
Crude Oil Futures Rise on Supply Data and OPEC+ Outlook
Oil prices rose early on Wednesday after an industry report showed on Tuesday that the crude stocks at…
EIA Raises U.S. Oil Output Forecast, Warns Oversupply Could Crush Prices
The United States is on track to break yet another oil production record this year, but the Energy…
OPEC+ Nears Its Limit, Leaving Prices One Crisis Away from a Spike
The OPEC+ group continues to return modest volumes of supply to the market, cautious not to sink oil…
Oil Prices Climb After OPEC+ Announces Modest Output Hike
On Sunday, OPEC+ agreed to raise oil output by 137,000 barrels per day (bpd) from November. The increase…
Oil Sees Steepest Weekly Slump In Over 3 Months Ahead Of OPEC+ Meeting
Oil worker in the Nihran Bin Omar field north of Basra, Iraq. (Photo: Nabil al-Jurani) Copyright 2017 The…
Crude Oil Plummets to Lowest Since June
Crude oil benchmarks were trading even lower midday Wednesday, at prices lower than they’ve dipped for several months,…