August 16, 2021
Via: DailyFXCrude oil prices extended lower during Monday’s APAC mid-day session, marking a three-day decline of 2.35%. The release of poorer-than-expected Chinese industrial production and retail sales figures weighed on energy prices, showing that the world’s second-largest economy is struggling to […]
June 1, 2021
Via: NBC NewsA group of some of the world’s most powerful oil producers agreed on Tuesday to continue gradually easing production cuts amid a rebound in oil prices. OPEC and its oil-producing allies, known as OPEC+, will boost output in July, in […]
February 12, 2019
Via: Market WatchOPEC significantly reduced its crude-oil production in January, making good on its latest deal to curb output and rebalance an oversupplied market, the oil cartel said Tuesday. In its closely watched monthly oil market report, the Organization of the Petroleum […]
January 4, 2018
Via: CNNThe United States is poised to ramp up crude oil production by 10% in 2018 to about 11 million barrels per day, according to research firm Rystad Energy. Surging shale oil output should allow the United States to dethrone Russia […]
March 28, 2024
February 27, 2024