Oil prices tumbled after OPEC+ agreed to increase crude production for the first time ... and seasonal price hikes,” OilPrice.com wrote. A chart showing the brent crude oil price per barrel.

OPEC+ Supply Increase Adds Pressure on Oil Prices Oil prices extended their decline for a third consecutive session as concerns mounted over OPEC+’s decision to increase production starting in ...

Crude oil prices extended losses Tuesday as OPEC+ confirmed a 138,000 bpd production increase in April ... “The shift in OPEC’s strategy appears to prioritize politics over price,” noted ...

Crude oil (CL=F, BZ=F) prices dropped significantly this week after OPEC's decision to increase ... deregulating that may incentivize more incremental production, but they're really, now these ...

The economy is at risk of recession or stagflation. Read why this could lead to significant impacts for the oil industry.

he’s pressuring OPEC to increase production while simultaneously engaging in behind-the-scenes negotiations aimed at de-escalating the Russia-Ukraine conflict,” Cayler Capital, an oil-focused ...

Discover how to navigate market volatility and earn up to 11% yields. Click for our strategy in turbulent times and how we ...

Analysts warn that increasing reliance on Russian gas would be a strategic mistake, given Moscow's history of using energy ... A statement posted on OPEC's website on Monday revealed that Saudi ...

Oil supplies are on the way up and prices are dropping, giving plenty of fodder to attendees of CERAWeek, the global energy conference kicking off in Houston Monday. The fate of 11 million metric ...

In essence, oil exports from Saudi Arabia (and later OPEC broadly) have been priced ... Below, we analyze the historical origins of the petrodollar, explain how this monetary system became a ...

as a result of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the ...

as a result of changes in OPEC's petroleum production levels and worldwide oil consumption and storage, changes in our operating expenses, including bunker prices, drydocking and insurance costs, the ...