OPEC+ keeps steady policy amid weakening economy, Russian oil cap

No discussion about the Russian price range – representative Oil prices come under pressure from a…

Saudi Arabia: Crown prince to skip summit on doctor advice

DUBAI, United Arab Emirates (AP) — Saudi Arabia’s powerful 37-year-old crown prince will not attend a…

Shale firms discount ‘U.S. put’ as inadequate to lift oil output

Oct 21 (Reuters) – U.S. shale oiler Matt Gallagher took a poll on Twitter this week…

Russia poised to largely skirt new G7 oil price cap

LONDON, October 21 (Reuters) – Russia has access to enough tankers to ship most of its…

Potential Of Peak Shale Puts Oil Market On Edge

ODESSA, TEXAS: An oil pump jack draws oil from the Permian Basin oil field on March…

Saudis pressed Arab nations to publicly support OPEC+ cut

Saudi Energy Minister Prince Abdulaziz bin Salmand (2nd from left), OPEC Secretary-General Haitham al-Ghais (right) and…

EXCLUSIVE U.S. says Russia oil price cap will not be aimed at OPEC

LONDON, Oct 19 (Reuters) – New moves by the Group of Seven to cap Russian oil…

White House plans on announcing additional oil reserve sales in wake of OPEC+ cut

CNN — President Joe Biden on Wednesday will announce the sale of an additional 15 million…

U.S. could sell oil from emergency reserve this week – sources

WASHINGTON, Oct 17 (Reuters) – The Biden administration plans to sell oil from the Strategic Petroleum…

Column: OPEC+ cuts attract funds back to oil market

LONDON, Oct 17 (Reuters) – Portfolio investors continued strong buying of crude oil futures and options…