Inside the secret operations of Iranian company Sahara Thunder, revealed and visually reconstructed from more than 10,000 ...
To signal recovery from post-2022 deflation trends, the major commodities need to stay above threshold levels.
Chevron expects Kazakhstan's Tengiz oil field, one of the largest of its kind in the world, to produce 1 million barrels of ...
"You've got to bring down the oil price, you've got to end that war. They should have done it long ago," President Donald ...
Demand will be supported by petrochemical feedstock and transportation fuels, OPEC said. Brent crude, the international oil benchmark, traded around $80 a barrel, while the U.S. oil gauge West ...
Saudi Arabia and some of its allies in OPEC are capable of boosting oil output quickly. Saudi Arabia currently has spare capacity of about 3 million barrels a day while the United Arab Emirates ...
The ongoing plan by the Federal Government to increase crude oil production to 2.062 million barrels per day could ... balancing increased production with OPEC’s output restrictions.
Oil prices fell after Trump's comments. Brent crude, the international benchmark, was trading at $78.11 per barrel as of 3:22 p.m. ET. Even without OPEC's help, analysts expect a major supply glut ...
The Organization of Petroleum Exporting Countries and its allies have been withholding oil ... barrels in monthly tranches of about 120,000 barrels a day from April. Neither Riyadh nor OPEC ...
Oil took a sharp turn lower in Thursday dealings after President Donald Trump, speaking remotely at the annual meeting of the World Economic Forum in Davos, S ...