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A gas expert is providing optimism for the Pittsburgh area regarding the future of gas prices. Prices have dropped below $3 a ...
The OPEC+ oil cartel, which is de facto led by Riyadh, has increased production—causing barrel prices to hit a four-year low.
On Monday, global crude prices sank after OPEC+ agreed over the weekend to surge production for a second month, adding to ...
Oil futures rebounded, and Capital Economics cut its year-end price forecast for Brent to $60 a barrel from $70, and for the end of 2026 to $50 from $60.
Quota violations are common in Opec. Saudi leverage comes from spare capacity, used to discipline non-compliant members ...
OPEC+ will accelerate oil output hikes and could bring back to the market as much as 2.2 million barrels per day by November, ...
OPEC+'s decision to aggressively increase oil supply will result in an earlier and sustained market surplus throughout 2025.
Saudi Arabia and some other members see President Trump — for now — as more invested in lower prices than in what's ...
If there is one thing that is almost certain in the current global crude oil market, it's that the stated reasons for the ...