Oil reports weekly loss on OPEC+ supply bets against China’s fresh stimulus; WTI down 5%, Brent sheds 3% to $71 ...

VIENNA, 28th September, 2024 (WAM) -- The OPEC Fund for International Development (the OPEC Fund) has signed a US$10 million ...

Analysts and professionals in the global energy space have long debated the prospects for reaching peak demand for crude oil.

Earlier this week, Saudi Arabia reportedly decided to ramp up its oil production from December, abandoning its earlier target ...

Brent crude futures settled up 38 cents, or 0.53%, at $71.89 per barrel. Front-month U.S. West Texas Intermediate crude ...

Oil prices dropped 5% this week due to rising OPEC supply and weak demand from China. Natural gas prices rose on Hurricane ...

The Arab oil embargo is the most significant geopolitical event with the highest impact on the S&P 500. The Arab oil embargo ...

Inflation is primarily driven by oil prices, with recent spikes due to the pandemic and Russia's invasion of Ukraine. Explore ...

Expectations that the OPEC and its allies will start unwinding voluntary output curbs of 2.2 million barrels a day starting ...

Tom Seng, EdD, provides a weekly analysis of oil and gas markets. Dr. Seng is Assistant Professor of Professional Practice in ...

Despite Friday's small gain, both crude benchmarks are on track to fall about $3. On Thursday, crude oil prices tumbled $2 after a news report said Saudi Arabia is ready to forgo its official $100/bbl ...

Oil slumped again on reports of the Saudis moving to defend their market share. But lower prices may likely persist ...