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The nearly 40 million Americans expected to hit the roads this Memorial Day weekend will have something to make them smile while sitting in traffic: cheap gas prices.
The claims that the current dropping of the oil prices at the pump and the declining of the dollar against the Ghana Cedi is ...
Patterson-UTI faces margin pressure amid lower oil prices and OPEC+ risks. Click here to read why I am downgrading PTEN stock ...
Saudi Arabia, the leading member of OPEC, has been pursuing an unconventional strategy ... or face further financial pressure. This tactic, which might seem counterintuitive to the kingdom’s ...
Oil barely garnered a mention from U.S. President Donald Trump during his glitzy visit to Saudi Arabia this week. But the ...
Gold futures slid as the U.S. and China agreed to substantially lower tariffs, increasing risk-on sentiment in markets.
Saudi Arabia, OPEC’s de facto leader, has its own reasons for wanting ... For the Trump administration, the bearish pressure on oil prices also helps ease concerns that its recent ratcheting up of ...
The group's decision has triggered a supply surge, despite crude oil sliding to the low-$60s per barrel - and U.S. shale producers are "feeling the squeeze," economists at Allianz Research, led by ...
The Saudi oil production increase threatens U.S. shale and could spark another market shakeout as global supply surges face ...
Oil prices may have no relief from further downside in the second half of 2025 with increased supply from the OPEC+ flooding ...
The OPEC+ cartel announced on Saturday that it would increase oil production again. It announced a 411,000-barrel-per-day oil ...
Saudi Arabia and Russia ... And this is a very common source of tension within OPEC. Boosting production right now could be a ...
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