Wednesday closed up +0.31 (+0.46%), and December RBOB gasoline (RBZ24) closed up +0.0008 (+0.04%). Crude oil and gasoline ...
Oil prices held near a two-week low on Tuesday after dropping about 5% over the past two sessions as investors absorbed OPEC's latest downward revision for demand growth, a stronger U.S. dollar and ...
OPEC cut its forecast for global oil demand growth in 2024 and lowered its projection for next year on Tuesday, highlighting ...
PepsiCo's proactive investments position it for sustainable growth despite competition. Find out why PEP stock is a strong ...
US shale producers are turning up the heat on OPEC again — but this time the cartel’s adversaries aren’t a bunch of ...
Saudi Aramco’s Q3 profit fell 15.4% to $27.6 billion due to lower oil prices, yet it maintained a $31.1 billion dividend, ...
Rigzone talks to representatives of Hartree Partners, the Heritage Foundation, and the American Enterprise Institute.
The Organization of the Petroleum Exporting Countries and allies are in a dilemma with its decision to increase oil output ...
Global stocks slid Thursday as investors fretted over results from tech giants and remained risk-averse ahead of a coin-toss ...
OPEC and the Saudi government communications office did not respond immediately to requests for comment. The office of Russian Deputy Prime Minister Alexander Novak declined to comment.
OPEC and its allies aren’t likely to bring oil output back this year because producers are “making huge money” from refined products, according to Rystad Energy. “Our view is that they ...