The oil contracts in the stock market have undergone a six-week-straight gains, the longest rally oil prices have had since June, when the first wave...
Crude oil prices rose to nearly $50 per barrel, after Thursday’s announcement about OPEC+ finally reaching an agreement regarding production cuts for 2021. This Friday,...
The Organization of Petroleum Exporting countries, Russia, and allies known as OPEC+ have finally reached consensus about cuts in oil production. They agreed on extending...
Members of the Organization of the Petroleum Exporting Countries (OPEC) have reached consensus about the need to extend by three months, starting January 2021, oil...
Aramco, the Saudi Arabian world’s largest oil producer, said it would remain to pay its quarterly dividend. It accounts for $18.75 billion every three months....
OPEC members are considering to adopt more oil production cuts as Covid-19 cases in Western countries rise. More curbs in production? Members of the Petroleum...