OPEC oil output rose in February, a Reuters survey found, as Iranian exports held strong, despite renewed U.S. attempts to ...
OPEC and allies, known as OPEC+, agreed in December to defer the start of output rises by three months until April and extend the full unwinding of cuts until the end of 2026 due to weak demand and ...
The move is more likely aimed at balancing geopolitical risks and appeasing President Trump amid his push for lower oil prices.
The euro strengthened and European stocks rose on Monday after European leaders agreed to draw up a Ukraine peace plan, while ...
While there might be some correlation between Saudi production policies and U.S.-Saudi relations, the reality seems more ...
Helima Croft, RBC Capital Markets global head of commodity strategy, joins 'Power Lunch' to discuss OPEC+ output increase, ...
Crude oil futures fell to their lowest this year after a surprise decision by OPEC+ to restart some halted production, a move ...
With the production freeze failing to keep prices elevated, OPEC+ members may see little merit in maintaining the status quo.