The International Energy Agency expects a significant supply shortfall for the rest of this year and says low inventories ...
Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. Saudi Arabia will extend its voluntary 1 million bpd crude ...
FILE - A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through ...
Crude oil prices on Tuesday jumped as much as 2.7% to the highest since November after Saudi Arabia and Russia said they’re ...
Saudi Arabia and Russia, announced on Tuesday their plan to extend existing output cuts until the end of 2023, with possible monthly revisions. OPEC group’s swing producer Saudi Arabia said it ...
Extensions come despite oil rally, fresh blow to Biden Riyadh extends 1 mln bpd cuts to end-2023 Moscow extends 300,000 bpd cuts to year-end Both to review cuts monthly, may deepen or boost DUBAI ...
Saudi Arabia faces the risk of an economic contraction this year following its decision to extend crude production cuts, ...
HSBC Global Research on Friday raised its forecast for Brent oil prices in 2023 and 2024, predicting that the market would ...
Saudi Crown Prince Mohammad bin Salman said any decision to reduce in the oil production is based on nothing other th ...
Amid tight global supplies, the oil market is expected to face its biggest deficit in over a decade. That's as Saudi Arabia ...
The expected oil shortfall has been criticised by the International Energy Agency for potentially plunging the global economy ...
FILE - A customer pumps gas at an Exxon gas station, Tuesday, May 10, 2022, in Miami. Saudi Arabia and Russia agreed Tuesday, Sept. 5, 2023, to extend their voluntary oil production cuts through ...
