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Goldman Sachs still expects stubbornly high U.S. inflation to ease over the coming months, despite investors slashing bets for Federal Reserve interest rate cuts, after yet another print showed that…
An oil and gas industry worker walks during operations of a drilling rig at Zhetybay field in the Mangystau region, Kazakhstan, November 13, 2023. Turar Kazangapov | Reuters Crude oil…
A Petroleos de Venezuela SA oil pumpjack on Lake Maracaibo in Cabimas, Zulia state, Venezuela, on Friday, Nov. 17, 2023. Gaby Oraa | Bloomberg | Getty Images The International Energy…
An oil pumpjack is seen near a field of wind turbines on October 04, 2023 in Nolan, Texas. Brandon Bell | Getty Images OPEC on Monday raised its medium- and…
Saudi Arabia’s Energy Minister Prince Abdulaziz bin Salman speaks during the 8th OPEC International Seminar in Vienna, Austria, July 5, 2023. Xinhua News Agency | Xinhua News Agency | Getty…
OPEC supplied 2.1 million barrels per day out of 4.6 million bpd oil India imported in April. New Delhi: Oil producers cartel OPEC’s share in India’s oil imports fell to…
OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+ was “counterproductive.” Anton Petrus | Moment | Getty Images Oil producer group OPEC on…
In its latest monthly oil market report, the IEA said the energy alliance’s self-described “precautionary move” was likely to spell bad news for consumers at a time of heightened economic…
The new normal for crude oil could be $100 a barrel, according to leading energy analyst Paul Sankey. Sankey, ranked No. 1 by Institutional Investor for energy independent research in…
Editor’s Note: A version of this story first appeared in CNN’s Meanwhile in the Middle East newsletter, a three-times-a-week look inside the region’s biggest stories. Sign up here. Abu Dhabi,…