If a recession or stagflation materializes, it would be a "self-inflicted" injury resulting directly from US government ...

Saudi Arabia’s Energy Minister, Prince Abdulaziz bin Salman, drew a striking historical parallel during a virtual OPEC+ meeting, referencing the 1973 oil embargo as the group ratified its second ...

OPEC’s expectations of global oil demand growth “remain generally optimistic,” despite recent headwinds including risks to trade and the global economy, OPEC Secretary General Haitham Al ...

"Expected increases in OPEC oil production along with a more probable Iranian nuclear agreement has re-surfaced the bear trade," said Dennis Kissler, senior vice president of trading at BOK Financial.

There is no sign of a blasting price war emerging between OPEC+ and U.S. shale oil producers', SEB Chief ... Rigzone has contacted OPEC for comment on the SEB, BMI, and BofA Global Research ...

MOSCOW (Reuters) -Kazakhstan's oil production has risen by 2% in May, an industry source said on Tuesday, an increase that defies pressure from OPEC+ on the Central Asian country to reduce its output.

The price of crude oil has fallen by 17.5% during that period. These savings have not yet passed on to consumers. A significant reason for the crude oil price drop: rising fears of a global ...

1 Barrel ≈ 0,136 Tonnes of Crude Oil Oil (WTI) Price Per 1 Ton 450.81 USD 1 Barrel ≈ 158,98 Liters Oil (WTI) Price Per 1 Liter 0.39 USD 1 Barrel = 42 Gallons Oil (WTI) Price Per 1 Gallon 1.46 ...