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...