WTI crude oil (CLQ25) today is up +0.48 (+0.73%), and August RBOB gasoline (RBQ25) is down -0.63 (-0.30%). Crude oil and ...

Washington’s oil market hubris risks repeating the mistakes of the past — and threatens national security as well. Fifty years ago, the United States learned a painful lesson about the cost of oil ...

OPEC secretary-general takes aim at net-zero targets calling them ‘detached from reality’ By Lauren Krugel The Canadian Press Posted June 10, 2025 3:42 pm Updated June 10, 2025 7:20 pm ...

In a statement posted on its website recently, OPEC said it “welcomes the decision approved … by the National Energy Council of the Federative Republic of Brazil (CNPE) that formally paves the ...

OPEC to Trump: We Set the Price, Not You By Irina Slav - Feb 06, 2025, 10:00 AM CST ...

Crude oil futures fell 2% Monday after OPEC reduced its oil demand outlook for 2024 and 2025 once again, citing data received so far this year.

OPEC Says Phasing Out Oil Is Just A Fantasy By Julianne Geiger - Sep 24, 2024, 2:25 PM CDT ...

OPEC on Tuesday stuck to its forecast for relatively strong growth in global oil demand in 2024 and 2025 and raised its economic growth forecasts for both years saying there was further upside ...

Analysts at Goldman Sachs have offered their views on what the Organization of the Petroleum Exporting Countries (OPEC) may do this year, in a new report sent to Rigzone. The analysts, which ...

OPEC slashed oil demand outlook on Tuesday on signs of global uncertainty. The cartel now predicts demand will be roughly 380,000 barrels a day below previous estimates. "The year 2023 is expected ...

The Organization of the Petroleum Exporting Countries (OPEC) and its oil-exporting allies announced a 2 million barrel per day cut in oil production Wednesday, bucking months of pressure from ...

This paper studies the historical importance of OPEC for oil price fluctuations. An event-study approach is used to identify the effects of OPEC announcements on oil price fluctuations. Results show ...