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+ meets to debate production quotas, new cut - sources
By Maha El Dahan, Alex Lawler and Ahmad Ghaddar VIENNA OPEC and its allies will meet on Sunday
2023-06-04 16:23
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
Ukraine Recap: Russia’s Invasion in Focus at Defense Symposium
Russia’s invasion was a major focus at the Shangri-La Dialogue in Singapore, Asia’s largest security forum. Ukraine’s defense
2023-06-03 20:52
OPEC+ begins meetings which may agree further output cuts - sources
By Ahmad Ghaddar, Alex Lawler and Maha El Dahan LONDON OPEC and its allies begin two days of
2023-06-03 20:25
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
The Fed's Inflation Fight Faces a New Challenge: A Dry Panama Canal
Federal Reserve Chair Jerome Powell keeps careful track of employment levels, wages, consumer prices and numerous other metrics
2023-06-02 23:54
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
Petrobras Captures Carbon to Ramp Up Gas Production, and Calls It Green
Brazil’s state-controlled oil giant Petrobras is capturing and storing a growing amount of carbon dioxide below the seabed
2023-06-01 19:45
Ukraine Recap: Three People Die in Latest Russian Attack on Kyiv
At least three people were killed, including two children, in the latest Russian missile assault on Kyiv, Mayor
2023-06-01 11:20
Services Sector Shields Indian Economy From Still-High Rates
India’s economy grew faster than the government’s expectations last year, as demand spurred an expansion in the services
2023-05-31 20:23