US President-elect Donald Trump threatens to drag the Middle-East region into a war if hostages are not released.
Saudi Arabia’s sway over OPEC long meant dominance of the global oil market. But the cartel’s fractious members are pushing to pump more, in part due to the expectation of growing competition from U.S ...
Rising U.S. production and internal OPEC+ pressure limit the kingdom’s sway over prices. Trump is a new wild card.
Global funding for drought resilience, land restoration and the fight against land degradation received a major boost on the ...
A statement posted on OPEC’s website in November revealed that Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, ...
OPEC+ faces a dilemma: easing production cuts risks further price drops below $70 per barrel, but maintaining cuts supports ...
Oil futures settled higher Tuesday, scoring their largest one-day gains in about two weeks as some traders expect the Organization of the Petroleum Exporting Countries and its allies to further delay ...
Ryan Kellogg, a scholar at the university's Energy Policy Institute, said he expects lower industry investments and falling global oil supply, bucking a belief that oil producers would accelerate near ...
Crude-oil futures were up by about $2 on a weaker dollar and expectations OPEC members and allied producers will again extend production cuts to support prices when they meet on Thursday. The Nymex ...
Will the energy cartel choose to feel the pain of lower prices now or postpone the unwinding of production cuts yet again in ...
Stock markets struggled for direction Tuesday as investors weighed Chinese stimulus hopes, political tensions in France and ...
Oil futures rose Tuesday as traders awaited a meeting of the Organization of the Petroleum Exporting Countries and its allies that may result in a further delay to the partial unwinding of production ...