Key OPEC+ nations added less oil to the market last month than the headline figure of its output plan, as the cartel’s leadership pushed members to atone for earlier over-production. The eight members ...
Javier Blas is a Bloomberg Opinion columnist covering energy and commodities. He is coauthor of “The World for Sale: Money, Power and the Traders Who Barter the Earth’s Resources.” On the eve of a ...
The Organization of the Petroleum Exporting Countries, or OPEC, on Monday cut its forecast for growth in crude demand this year and in 2026, citing the impact of U.S. tariffs. OPEC now sees global ...
ConocoPhillips (NYSE:COP) shares fell 3.1% to $88.54 Monday afternoon as crude oil prices declined following OPEC+'s announcement to boost oil production. What To Know: West Texas Intermediate (WTI) ...
Speaking remotely to the World Economic Forum annual meeting in Davos, Switzerland, President Donald Trump said he would ask Saudi Arabia and the Organization of the Petroleum Exporting Countries, or ...
Exxon Mobil Corp (NYSE:XOM) shares fell 2.66% to $103.39 on Monday as investors digested mixed first-quarter earnings and fresh pressure on oil prices following an OPEC+ supply decision. What To Know: ...
Your ability to make the case for Canadian energy while simultaneously explaining why most investors are too scared to touch it is exactly why I read your column. You don't pander, and you don't ...
Patterson-UTI faces margin pressure as declining domestic drilling activity persists amid lower oil prices. PTEN’s ability to structure performance-based contracts across multiple service platforms ...
OPEC and Russia have done it again: They have extended production cuts until the end of 2018. This is being done to drain the market of its excess inventories following their (arguably) failed attempt ...
Crude futures are headed for weekly declines after U.S. President Trump outlined plans to boost domestic production and said he would ask Saudi Arabia and OPEC to lower oil prices. Brent crude and WTI ...