News

On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...
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 ...
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
Saudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...