News

OPEC International Seminar: Here's what to know as 9th meeting kicks off
CNBC's Brian Sullivan reports on news regarding OPEC's international seminar. With new power, Trump will move immediately to ...
Markets are thirsty for more oil, OPEC+ and oil majors say
Output increases from oil producer group OPEC+ are not leading to higher inventories, showing that markets are thirsty for ...
OPEC looking to regain market share with oil production increases, expert says
The Organization of Petroleum Exporting Countries (OPEC) continues to boost oil production, with more than 500,000 additional ...
Here's the key takeaways from OPEC's Vienna seminar
Helima Croft, RBC Capital Markets global head of commodity strategy, joins CNBC's 'Power Lunch' to share takeaways from ...
OPEC+ is pumping more oil, but is it needed and at what price?
Two questions stand out after the decision by OPEC+ to accelerate increases in crude oil output: who is going to buy the ...
OPEC+ output hikes not causing inventory builds, signaling firm demand
Ministers and executives from OPEC nations, along with bosses of Western oil majors, stated on Wednesday that increased ...
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Global energy transition must be just, inclusive and equitable, says Hardeep S Puri
The prestigious seminar, hosted at OPEC’s headquarters in Vienna, drew global leaders, energy policymakers, and industry ...
Summer gas prices are headed even lower, as Saudi Arabia accepts the 'lesser evil' of cheap oil
OPEC+ jolted markets by announcing it would flood the market with more oil.
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Wale Tinubu joins global energy leaders at OPEC high-level roundtable
Wale Tinubu has been invited to join an exclusive high-level roundtable session at the prestigious OPEC International ...
OPEC Plus Agrees to Pump More Oil in August
The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts ...
Embattled Iran slams consequences of war on oil markets
War can lead to ‘complications on energy producers’ and hardships on national economies, Iran’s oil minister warned on ...