The break-even points of most US oil producers are only US$30 to US$50 for WTI oil by IFAST RESEARCH TEAM …
Oil prices may rise to $100 a barrel in the second half of the year as China’s economy emerges from…
Oil advanced after China made further progress toward reopening, OPEC+ kept output steady, and sanctions on Russian crude kicked in.…
OPEC+ responded to surging volatility and growing market uncertainty by keeping its oil production unchanged. The outcome of the brief…
Saudi Arabia denied a report that it is discussing an oil-production increase for the OPEC+ meeting next month, and said…
Oil extended declines as Saudi Arabia and other OPEC countries were reported to be discussing an output increase alongside China…
Planned output cuts from the OPEC+ group of oil producers will keep global stockpiles tight over the coming months, according…
An escalating dispute over an OPEC+ decision to cut oil production risks causing lasting damage to political relations between the…
THE Biden administration’s push to impose a price cap on Russian oil exports creates a precedent that could affect other…
President Joe Biden said there would be “consequences” for Saudi Arabia over the decision by OPEC+ to slash production, a…
The US has accused Saudi Arabia of siding with Russia after it led OPEC+ in a shock decision to slash…
Commodities have opened the fourth quarter with a roar, with prices on course for the best weekly showing since March…
Saudi Arabia kept oil prices for its main market of Asia largely steady and lowered those for Europe, going against…