OPEC+ leaders Saudi Arabia and Russia said demand for oil has been cooling for several months. Oil prices rose about 3 percent on...
OPEC
Barkindo reportedly died hours after meeting Nigerian President Buhari and giving the main speech at an energy summit in Abuja. The secretary-general of...
As American consumers feel the pinch of rising energy prices, the Biden administration struggles to find solutions. In the face of rising prices...
The cartel has finally bowed to months of pressure from major consumers to help ease the pain of high energy prices. By Salma El...
The rise in energy costs has contributed to rampant inflation, stoking investor concerns that growth will slow. By Grant Smith and Elizabeth LowBloomberg Published...
Global benchmark futures settled at $112.39 per barrel while US West Texas Intermediate climbed to $109.77 a barrel. Oil prices rose almost 1.5...
Even group leader Saudi Arabia didn’t increase output by as much as permitted by their agreed quota. By Grant Smith and Julian LeeBloomberg Published...
Both Brent and US crude benchmarks settled down around 13 percent. Oil settled lower on Friday as members of the International Energy Agency...
The relationship with Moscow has been significant both economically and politically for the group as a whole, but especially for key members Saudi...
New York City, US – US President Joe Biden on Tuesday announced a ban on Russian oil and gas imports to the United...