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U.S. Oil Drillers See More Gains As OPEC+ Agrees to Cut Production

The total number of active drilling rigs in the United States rose by 3 this week after rising by 4 last week, according to new data that Baker Hughes published Friday. ....

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ECB Rate-Cut Expectations Soar After EU Inflation Cools More Than Expected

ECB Rate-Cut Expectations Soar After EU Inflation Cools More Than Expected
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Oil Kneejerks On Fresh OPEC+ Discord Headlines

The Saudi-led alliance hasn’t been able to reach an agreement with Angola and Nigeria, which are pushing back against lower quota limits for 2024, which reflect their diminished production capabilities ....

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