Dilara Irem Sancar | Anadolu | Getty ImagesThe OPEC+ alliance is once more cracking down on group compliance with oil output cuts, as it presses ahead with a three-pronged plan of formal and voluntary production trims. Two OPEC+ delegates, who could only comment anonymously...
The sun sets beyond crude oil storage tanks at the Juaymah tank farm at Saudi Aramco's Ras Tanura oil refinery and oil terminal in Ras Tanura, Saudi Arabia, on Monday, Oct. 1, 2018.Bloomberg | Bloomberg | Getty ImagesGlobal benchmark Brent crude falling below...
U.S. crude oil pulled back slightly Thursday to close near $69 per barrel, as OPEC+ delays plans to boost production after futures sold off steeply this week. OPEC+ members have delayed a production hike of 180,000 barrels per day by two months, two...
A general view of signage at the headquarters of the Organization of the Petroleum Exporting Countries (OPEC) on Feb. 29, 2024 in Vienna, Austria.Thomas Kronsteiner | Getty Images News | Getty ImagesMembers of the OPEC+ oil alliance have delayed plans to hike production...
Oil pumpjacks operate as the Lake Fire burns in Los Padres National Forest with evacuation warnings in the area on July 6, 2024 near Los Olivos, California. Mario Tama | Getty ImagesOil prices extended declines during Asia trading hours, after a report that Libya's...
