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OPEC+ will probably stick with a planned increase in its oil output target for March when it meets on Wednesday next week.
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OPEC+ will probably stick with a planned increase in its oil output target for March when it meets on Wednesday next week.
Top oil producing countries on Monday picked Kuwaiti oil executive Haitham al-Ghais as the next secretary general of OPEC.
European equities wavered Friday as dealers tracked Omicron news and awaited key US data, while oil prices surged.
Fears about Omicron drove equities trading on Thursday, while oil prices fell as OPEC+ decided to keep on increasing crude output.
OPEC holds a key output meeting facing new challenges as the Omicron coronavirus variant has roiled markets.
The sharp rise in wholesale gas prices is spilling over into the oil market.
The White House is calling on OPEC and its oil-producing allies to boost production in an effort to combat climbing gasoline prices.
Saudi Arabia is engaged in a rare public spat with its Emirati allies over a critical oil output deal, escalating tensions ahead of another...
The OPEC group of oil-producing countries and its allies look set to boost production further when they meet.
Members of the OPEC group of oil producers and their partners will meet via videoconference Monday to decide production levels for February, which it...