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Eight OPEC oil producing nations Thursday agreed to boost crude oil production by 411,000 barrels a day, lowering prices by 6 ...
Markets were stunned when OPEC when chose not only to go ahead with its plans to raise oil production, but also to nearly ...
Crude oil has had a rough start to 2025, with a nearly 15% decline year to date. Prices dropped to $61.99 per barrel on ...
Oil benchmarks hit their lowest levels since 2021 as investors worried the inflationary risks of tariffs and OPEC’s recent ...
Lower energy prices are one of Trump's campaign promises, but an oil price crash could hit US producer margins.
OPEC oil output fell in March ahead of a scheduled output hike, a Reuters survey found, as Nigeria curbed deliveries to ...
The oil sector expected to be a major beneficiary after Trump’s election. Now it faces spiking costs, slowing demand, and plunging prices amid fears of a global trade war.
As President Donald Trump's latest tariffs weigh on growth outlooks, OPEC+ members unveiled plans for an output boost that ...
Fears that President Trump’s tariffs could slash global economic growth — and demand for oil — are weighing on the market.
President Trump’s sweeping tariffs combined with OPEC’s unexpectedly large production hike are combining to trigger a “double ...
HOUSTON (Reuters) -At least two vessels carrying Venezuelan crude chartered by Chevron are stalled due to state oil company ...
Saudi Arabia and other members of the OPEC Plus group accelerated their program to put more oil on the market, adding to a ...