Saudi Arabia and other OPEC oil producers are discussing an output increase, the group’s delegates said, a move that could help heal a rift with the Biden administration and keep energy flowing amid ...
OPEC+ nations on Thursday agreed to increase oil output by about 50 percent for the next two months after initially standing by a 400,000-barrel release. Ministers announced an agreement to increase ...
Members of the Organization of Petroleum Exporting Countries (OPEC+) on Sunday announced plans to increase oil production by over half a million barrels per day for September as concerns over supply ...
Agriculture does not exist in a vacuum: Public policy, markets and social expectations can all disrupt the rebound effect. Jevons reminds us that efficiency changes behavior, but it does not dictate ...
Oil prices jumped by about 3% on Monday after producer group OPEC+ kept output increases in July at the same level as the previous two months. Brent crude futures climbed by $1.74, or 2.77%, to $64.52 ...
LONDON (Reuters) -Several OPEC+ members will suggest the group accelerates oil output hikes in June for a second consecutive month, three sources familiar with OPEC+ talks told Reuters, as a dispute ...
OPEC Plus will extend its cuts until at least December. Demand has weakened, and other countries, including the United States, are expected to continue to increase production. By Stanley Reed Saudi ...
LONDON (Reuters) -OPEC+ may speed up production increases in November from the 137,000 barrels per day hike it made for October at its meeting on Sunday as its leader Saudi Arabia pushes to regain ...
1533 ET – Crude futures snap a three-session losing streak in a “sell the rumor, buy the fact” reaction to the OPEC+ decision to continue unwinding voluntary output cuts in October with a 137,000 ...