OPEC+ oil supply cuts and recent efforts to unwind them have increased volatility in energy markets and hampered investment in new production, the CEO of Italian energy company Eni said on Monday.
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...
West Texas Intermediate (WTI), the US crude oil benchmark, is trading around $71.35 on Wednesday. The WTI price edges lower as the US presidential election polls were closing in the United States.
Iraq decreased by 155 kb/d, all other OPEC members had small increases or decreases of 33 kb/d or smaller, with the net decrease being about 39 kb/d for the other 10 OPEC nations. The chart above ...
Concerns over slowing demand in China and the United States have influenced major oil price decisions. Photo / 123RF Eight ...
US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...
Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.
The sharp move comes after OPEC+ has agreed to delay its 180,000 barrels production increase to December. The US Dollar Index is looking for support after polls show slight favor for Harris to win.
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