News

Saudi Arabia Deals a Blow to Russian Economy
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
Gas expert provides optimism regarding future Pittsburgh area gas prices
A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...
OilPrice.com4h
Oil Prices Surge as Market Shrugs Off OPEC Quota Shock
Oil prices staged a robust comeback on Tuesday, clawing back ground lost after OPEC’s surprise weekend announcement to boost production quotas by more than expected.
BS EDIT: Opec's output boost aims to enforce order—but at what price?
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
Business Day3h
Nigeria’s crude grades sell above $65 as OPEC agrees output hike
Nigeria’s premium crude oil grades are trading above $65 per barrel as global oil prices hold steady despite OPEC agreeing to ...
OilPrice.com59m
Peak Shale May Be Here Says Diamondback CEO
The outlook from Diamondback, one of the industry’s most prominent producers, marks a key shift for expectations within the ...
Investor's Business Daily on MSN1d
OPEC Shifts To Oil Price-War Stance Ahead Of Trump Saudi Visit
The Saudi-led OPEC meeting was originally scheduled for Monday, but moved ahead with "less than a day's notice" to Saturday, ...