Stay updated with breaking news from Opec Cuts. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The average price for a gallon of gasoline in the U.S. is $3.85. That’s up nearly 30 cents from a month ago. Prices are still lower this year than they were last year due to spikes caused by Russia’s invasion of Ukraine; however, they are at their highest point this year. Factors influencing the high…
OPEC+ and Russia agreed on a new oil output deal to stabilize prices. Concerns about weak global demand, punishing speculators, rising US output, and tensions with Washington influence the decision.
The real driver behind the latest oil price selloff is the reversal of last week's speculation that an OPEC+ cut may be coming following a thinly veiled threat by the Saudi energy minister
US Department of Energy (DOE) has confirmed that it will purchase up to 3 million barrels of oil for its Strategic Petroleum Reserve (SPR).
Saudi Arabia’s decision to postpone its Aramco trading IPO shows that the Middle East IPO boom could be reaching its zenith