Pumping Oil
Nigerian oil agency boss says country is pumping oil at record levels as prices soar to a seven month high over supply worries Nigeria is...
MBS Threatens Biden
Saudi Crown Prince threatens to damage the US economy after row with US President Joe Biden over cuts in oil production Crown Prince Mohammed bin...
Oil Supply Cut
OPEC+ agrees to cut oil production beginning in July and through 2024 in a bid to shore up prices and stabilise the market Saudi Arabia...
OPEC+ Maintains Production Quotas
Despite a worsening global economy and a Russian price cap, OPEC+ will continue cutting oil production till the end of 2023 The ministers of OPEC+...
Blow to Biden
OPEC+ denies reports of oil production increase dealing a blow to the Biden administration The Kuwaiti oil minister on Tuesday denied reports that there have...
Oil Squeeze
OPEC+ agrees to cut 2 million barrels per day from the market OPEC+ agreed its deepest cuts to oil production since the 2020 COVID pandemic...
Oil to Hit $120 a Barrel
If Russia invades Ukraine Veteran strategist David Roche told CNBC that a barrel of oil will hit $120 a barrel and the global economy will...
OPEC+ Agree to Modest Hike
Nigeria and Angola unable to increase oil production The OPEC+ group including top producers Saudi Arabia and Russia have resisted US pressure to increase oil...