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U.S. light crude oil prices fell more than $1 a barrel in early trade in New York on a possible increase in production by ...
The Odessa American is the leading source of local news, information, entertainment and sports for the Permian Basin.
OPEC+ will likely approve another oil output hike on Sunday, sources familiar with the discussions said, adding that the ...
Saul Kavonic from MST Marquee discusses how OPEC+'s decision to either maintain market discipline or pursue market share ...
OPEC is implementing a long-term strategy to regain market share and maintain high oil prices, leveraging geopolitical ...
Eight OPEC+ members will likely approve another oil output hike on Sunday, sources said, with the group still debating the ...
OPEC 12 output for May 2025 was revised lower by 6 kb/d and April 2025 output was revised lower by 2 kb/d compared to last ...
The group’s message from its biennial gathering in Vienna is that the “energy transition” will lean on hydrocarbons for ...
The Organization of the Petroleum Exporting Countries (OPEC) said on Friday that the joint ministerial monitoring committee (JMMC), scheduled to convene on Monday, does not hold decision-making ...
The oil market continued to edge lower yesterday, with a stronger US dollar providing some headwinds. OPEC reported no change to the supply and demand outlook in its monthly market report.
OPEC projects rising oil demand through 2050 and calls for $18.2 trillion in oil and gas investments to secure future energy ...
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...