News

OPEC sends oil prices reeling, but what’s good for Texas drivers may not be for drillers
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Saudi Arabia Deals a Blow to Russian Economy
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
Gas expert provides optimism regarding future Pittsburgh area gas prices
A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...
BS EDIT: Opec's output boost aims to enforce order—but at what price?
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
Oil sinks 4% after OPEC output increase
Crude oil futures tumbled at the open Sunday after OPEC decided to boost output. WTI crde (CL1:COM) -3.8% and Brent (CO1:COM) ...
OPEC+'s 'healthy' crude oil market looks like catching a cold: Russell
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...
ING revises oil price forecast downward due to higher OPEC output
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
OilPrice.com47m
Iraq’s Oil Exports to India Topped $29 Billion in 2024
Iraq exported crude oil and petroleum products worth $29.58 billion to India, maintaining a significant market share despite ...
Axios on MSN1d
What OPEC's big weekend says about Trump
Saudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...