Yet again, OPEC has postponed plans to increase oil production until at least the end of the year. That drove oil futures ...
Saudi Arabia, which leads the group, appears wary of unsettling markets just before the U.S. presidential election on Tuesday ...
The Organization of Petroleum Exporting Countries (OPEC) is very positive on demand for oil in both the short and long term, Secretary General Haitham Al Ghais said at an energy industry event in Abu ...
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...
The cartel of oil-producing countries expanded to include Russia, and it postponed plans for the return to increased crude production by another month. The decision to delay caused prices to rise.