Oil Surges After Saudis Pledge Million-Barrel Cut at OPEC+ Meet
Oil advanced at the week’s open after Saudi Arabia said it will make an extra 1 million barrel-a-day
2023-06-05 06:46
Saudis Shoulder Burden of Stabilizing Oil Market With Extra Cuts
Saudi Arabia said it will make an extra 1 million barrel-a-day production cut in July, taking its production
2023-06-05 03:22
OPEC Latest: Fight Over African Members Hangs Over Talks
OPEC+ ministers meet on Sunday to hash out a deal on oil production after a last-minute fight with
2023-06-04 14:47
OPEC+ Gathers to Make Choice Between Patience and Preemption
OPEC+ gathered in Vienna to decide whether to give existing production cuts more time to take effect, or
2023-06-03 17:48
Oil Advances as Market Eyes Weekend OPEC+ Meeting in Vienna
Oil climbed on Friday alongside risk assets, with attention focusing on this weekend’s OPEC+ meeting in Vienna. OPEC
2023-06-02 23:18
Hourly Pay for US Shale Workers Tops $43, a Record in the Industry’s Hunt for Employees
Wages for US oil workers climbed above $43 an hour for the first time ever as employment held
2023-06-02 22:52
Global Food Costs at 2-Year Low But Grocery Bills Stay High
Global food costs fell to the lowest level in two years in May, reviving hopes that sticky inflation
2023-06-02 17:18
Debt-Limit Deal Passes the House, Easing US Default Concerns
The House passed debt-limit legislation forged by President Joe Biden and Speaker Kevin McCarthy that would impose restraints
2023-06-01 17:45
Oil Extends Slump as Chinese Data Threatens Demand Outlook
Oil edged lower, extending its biggest decline in four weeks as weaker-than-expected economic data from China added to
2023-05-31 18:25
Indonesia Considers Limits on LNG Exports in New Trade Curbs
Indonesia will consider new limits on exports of liquefied natural gas, a potential extension of trade curbs that’ve
2023-05-31 12:19
China Leads the World in Preparing for Extreme Weather Threats to Power Supplies
It’s not even June, and China is fielding sweltering temperatures in Shanghai, and peak power demand from Guangdong
2023-05-31 10:16
Poorer Nations Snap Up Cheap LNG in Economic Boost
Countries from Asia to Latin America are snapping up natural gas cargoes as prices slump, helping replace more
2023-05-30 23:45