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OPEC+ postpones output increase due to declining oil prices, may reverse if needed. Brent futures briefly above $74 before retr...
Citi predicts oil prices could fall to $60 per barrel by 2025 if OPEC+ doesn't cut production further. Goldman Sachs also f...
AI could bring modest decrease in oil prices over next decade, reducing costs and increasing reserves. OPEC+ producers may see ...
Islamic State attacks halted the pipeline's operations in 2014 which was responsible for about 0.5% of the world's oil ...
Croft added that Iran has the potential to repeat its playbook from 2019 when it allegedly attacked oil tankers in the Strait o...
The IEA cautions that this forecast "masks the impact of a further weakening of the macroeconomic climate."
The deal has sparked controversy for insufficient financial and equity provisions for developing nations and resistance from ma...
The Organization of the Petroleum Exporting Countries and its allies (OPEC+) have collectively decided to implement an addition...