News

Big moves, though not big enough to sink oil prices. You might, therefore, think that OPEC + is in total control. After all, ...
Saudi Arabia and the United Arab Emirates see a chance to ratchet up production in July, the third consecutive month of ...
OPEC+ may discuss an increase in oil output for July at its meeting on Saturday larger than the 411,000 barrels per day (bpd) ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
The industry is bracing for the OPEC Plus oil cartel’s meeting on Saturday, which is widely expected to further increase oil ...
Hedge funds loaded up on the most bearish bets against Brent crude since October as the market braced for a fresh injection ...
High inventories, OPEC output hikes and an uncertain global macroeconomic climate all seem to point to likely lower crude oil ...
Market focus has shifted toward potential supply hikes from eight OPEC members that have been carrying out separate voluntary ...
Saudi Arabia and its partners have discussed another large output hike, even as prices slide and demand wavers.
Kazakhstan has informed OPEC that it does not intend to reduce its oil production, Russia's Interfax news agency cited ...