OPEC cuts crude oil production Firstly, despite repeated please from the U.S. that the Organization of the Petroleum Exporting Countries (OPEC), under the leadership of...
OPEC meeting Firstly, the United States is not expecting Saudi Arabia to boost oil production immediately; and is eyeing the outcome of the next OPEC+...
OPEC, the Organization of Petroleum Exporting Countries, announced this Thursday it would stick to its plan of raising output by 400,000 barrels in January. As...
Saudi Arabia cut the prices of its light crude for Asian customers in October versus September and left Europe’s and U.S.’s prices steady. The price...
Saudi Aramco said it was the target of a $50 million ransomware attack. Indeed, the Company’s confirmation came on Wednesday in a conversation with the Associated...
Oil fell down almost 5% as the Organization of Petroleum Exporting Countries and allies (OPEC+) reached an agreement this Sunday, in regards to the production...
Oil prices could easily hit a $100 dollars per barrel after the OPEC+ collapse in their talks, the former U.S. Energy Secretary, Dan Dan Brouillette...
The U.S. shale output is likely to remain limited in 2021 despite rising prices; which would give the Organization of Petroleum Exporting Countries and its...
Oil prices are at their highest point since late February, pushed by OPEC+ further cuts, and a U.S. inventories drop from last week. Still, investors...