OPEC

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OPEC's headquarters
Finance

OPEC+ delays supply restart again as crude prices struggle

By Grant Smith, Salma El Wardany and Bloomberg
November 3, 2024
drilling rig
Finance

Big Oil dials up output growth just as OPEC mulls supply boost

By Kevin Crowley and Bloomberg
November 2, 2024
Russian President Vladimir Putin grimaces during a bilateral meeting at the Grand Kremlin Palace while the Summit of the Commonwealth of Independent States (CIS), October 8, 2024, in Moscow, Russia.
Finance

Saudi Arabia has a big plan for oil that could hammer Russia’s war machine, economists warn

By
October 14, 2024
oil rigs pumping
Finance

Oil is headed for a steeper dive, and OPEC+ won’t be able to stop it

By Grant Smith and Bloomberg
September 6, 2024
Iranian leader Ali Khamenei
Finance

Oil price surges after assassination of Hamas leader in Iran, sparking new fear of war and inflation

By
July 31, 2024
FTC Chair Lina Khan
Leadership

The FTC is looking for a ‘smoking gun’ as it investigates whether U.S. oil giants colluded with OPEC

By Mitchell Ferman, Leah Nylen, Jennifer A. Dlouhy and Bloomberg
July 19, 2024
person holding a bottle of crude oil
Finance

We’ll soon live in a world with a ‘staggering’ excess of oil that we can’t fully use, global energy watchdog IEA warns

By
June 13, 2024
pump jack and oil barrels
Finance

OPEC+ extends oil production cuts through all of 2025 to help prop up weaker crude prices

By David McHugh and The Associated Press
June 2, 2024
Scott Sheffield
Finance

FTC rocks oil industry with claim that Texas executive was colluding with OPEC to fix prices

By Kevin Crowley, Leah Nylen and Bloomberg
May 2, 2024
The Fed may be aiming the U.S. for a soft landing and no recession but slumping oil demand growth shows Europe is facing a big slowdown
Finance

The Fed may be aiming the U.S. for a soft landing and no recession but slumping oil demand growth shows Europe is facing a big slowdown

By Grant Smith and Bloomberg
December 14, 2023
U.S. gas prices have fallen for the last 10 weeks and Americans are spending hundreds of millions less than a year ago. Here’s why
Finance

U.S. gas prices have fallen for the last 10 weeks and Americans are spending hundreds of millions less than a year ago. Here’s why

By Wyatte Grantham-Philips and The Associated Press
November 29, 2023
Gas shortage
Environment

3 stunning charts show how the world of gas-guzzling has changed—and hasn’t—since the trauma of the 1973 oil embargo

By Jim Krane, Mark Finley and The Conversation
October 12, 2023
Saudi crown prince Mohammed bin Salman
Leadership

Mohammed bin Salman to keep oil prices high to spur growth—’I’m trying to get Saudi Arabia back on the right track’

By
September 21, 2023
Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’
Finance

Saudi Arabia is squeezing the oil market just as consumption surges: ‘The Fed may have to react’

By Grant Smith, Sarah Chen, Alex Longley, Devika Krishna Kumar and Bloomberg
September 9, 2023
Saudi crown prince Mohammed bin Salman
Politics

Goldman Sachs warns that Russia and Saudi cuts could send oil prices above $100 a barrel by the end of 2024, just in time for Election Day

By
September 7, 2023

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