U.S. President Donald Trump will restore his "maximum pressure" campaign on Iran and drive its oil exports to zero, a U.S.
OPEC pumped an average of just over 27 million barrels a day in January, about 70,000 a day less than the month before.
After having a stellar start to the year, oil have slipped again as US President Trump called on the world’s top producers to ...
the OPEC spot Reference Basket price averaged 47% less in 1986-89 than in 1980-85. A similar 47% fall from the 2024 Brent average would take oil prices close to USD 40 per barrel (bbl), a price ...
Most OPEC members depend heavily on oil revenue and have their budgets balanced at prices of $80 a barrel or more. Trump also said that if prices came down, the Russia-Ukraine war would end ...
The Organization of the Petroleum Exporting Countries stuck to its oil demand forecast for this ... still expects demand to grow by 1.45 million barrels a day this year and forecast growth of ...
In 2023, Angola officially announced that was leaving OPEC. Angola's average daily oil production hit 1.134 million barrels in the first three quarters of 2024, good for a 4% increase compared to ...
The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker Wednesday, with the S&P down 0.7%. US10yr yields up 6bps ...
International benchmark Brent crude will average $65 a barrel this year as new oil production from non-OPEC countries outstrips the growth in global crude consumption, according to Bank of America ...
A U.S. official stated on Tuesday that U.S. president Donald Trump would restore his "maximum-pressure" campaign against Iran ...
But the oil market is front-running their worry ... The Devil Is Always In The ISM Details And Can OPEC Deliver More Barrels? By Stephen Innes - Jun 02, 2022 Markets US equities were weaker ...
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 ...