The bumper output boost is a big change for OPEC+ ... ceiling during the startup of the expansion of its giant Tengiz oil field. Thursday’s decision is intended to put price pressure on quota ...

West Texas Intermediate futures plummeted 6.6% to settle below $67 a barrel, while global benchmark Brent dropped 6.4% to end ...

The bumper output boost is a big change for OPEC+ ... exceeded its output ceiling during the startup of the expansion of its giant Tengiz oil field. Thursday’s decision is intended to put price ...

Oil tumbled the most since 2023 after enduring a twin hit from President Donald Trump’s trade tariffs and an OPEC+ decision ...

March 13, 2025 AI to fuel bumper year for M&A in US power sector ... February 11, 2025 New U.S. metals tariffs to drive up oilfield equipment costs, ChampionX exec says ChampionX expects new ...

The China National Offshore Oil Corporation has discovered an oilfield with over 100 million tons of proven reserves adding to similar recent finds. “This discovery has confirmed the largest ...

US oil prices tanked more than 7.5% on Thursday. President Donald Trump's tariffs are battering energy markets as recession fears climb. A surprise decision by OPEC+ to boost oil output ...

HOUSTON, April 3 (Reuters) - Oil prices swooned on Thursday to settle with their steepest percentage loss since 2022, after OPEC+ agreed to a surprise increase in output the day after U.S ...