OPEC and its oil-producing allies agreed on Saturday to extend the group’s historic production cut for an additional month in an ongoing effort to balance the global…
A kayaker passes in front of an offshore oil platform in the Guanabara Bay in Niteroi, Brazil, Saturday, Feb. 1, 2020.Dado Galdieri | Bloomberg | Getty…
An aerial drone view of a crude oil storage facility on April 23, 2020 in Cushing, Oklahoma.Tom Pennington | Getty ImagesOil prices were steady on Monday,…
An Emirati woman paddles a canoe past skyscrapers in Abu Dhabi, United Arab Emirates, on Wednesday, Oct. 2, 2019.Christopher Pike | Bloomberg | Getty ImagesAbu Dhabi’s…
A gas station is seen as the average price of gasoline reach all-time high at $4.37 per gallon (about 3.8 liters) in Virginia, USA on May…
Hungary Prime Minister Viktor Orban — a longtime ally of Russian President Vladimir Putin — has said that ending Russian oil purchases would be an “atomic…
An aerial view shows pumpjacks in the South Belridge Oil Field on April 24, 2020 near McKittrick, California.David McNew | Getty ImagesOil prices slid on Monday…
A worker on a Chesapeake Energy natural gas rig in Fort Worth, TexasMatt Nager | Bloomberg | Getty ImagesChesapeake Energy, the poster child of the U.S.…
Led by OPEC kingpin Saudi Arabia, the OPEC+ energy alliance swiftly agreed in late March to raise its output targets for May.SOPA Images | LightRocket |…
Oil pumps at sunset, industrial oil pumps equipment.Pramote PolyamateOil rose to above $42 a barrel on Friday, adding to gains in the previous session, after OPEC…