The OPEC Monthly Oil Market Report for October 2024 was published recently. Output for August 2024 was revised higher by 60 ...

The U.S. government’s auto safety regulator has ended a 2 1/2-year investigation into Ford engine failures after the company ...

Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output ...

My expectation for November’s West Texas Intermediate (WTI) oil prices is that WTI should range between $65 and $75 per ...

With rising oil prices and a positive outlook from key industry organizations, the energy sector is poised for significant ...

Heightened tensions in the Middle East have ignited a surge in oil prices, casting a spotlight on the energy sector and ...

Exxon Mobil Corp. and Chevron Corp. capped Big Oil earnings season by revealing blockbuster increases in fossil fuel production — just as OPEC and its allies are preparing to increase the supply ...

MOSCOW, Oct 14 (Reuters) - Russia cut crude oil output in September by 28,000 barrels per day (bpd) to about 9 million bpd, the Organization of the Petroleum Exporting Countries (OPEC) said on ...

OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy. “Our view is that they ...

Despite new covid cases and a Chinese trade-war scare from White House Economic Advisor Peter Navarro, oil keeps rolling along. The strength in the oil market is based on massive global production ...

Significantly, the latest loan facility marks only the second time that Oman has benefited from financing support from the OPEC Fund. Oman, while not a member of OPEC, continues to be part of the OPEC ...

VIENNA, Oct. 29, 2024 /PRNewswire/ -- The OPEC Fund for International Development (the OPEC Fund) concluded its participation in the 2024 World Bank-IMF Annual Meetings with robust new financing ...