Tagged Under: oil prices
12/08/2023 / By Laura Harris
After days of intense negotiations and delays caused by disputes over production baselines, the Organization of the Petroleum Exporting Countries...
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10/31/2023 / By Arsenio Toledo
European Union (EU) officials held an emergency meeting on Friday, Oct. 27, to discuss the potential for the continent to experience energy supply...
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10/11/2023 / By Arsenio Toledo
Large-scale hostilities between Israel and Palestinian militant groups in the Gaza Strip have sent crude oil prices surging even after oil prices...
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10/11/2023 / By News Editors
Last week we described moves in the bond market as chaotic, but the silver lining was a sharp pullback in crude oil prices that saw Brent move from...
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09/11/2023 / By News Editors
Most people think everything is fine. The Fed is getting inflation under control and soon they’ll be able to cut interest rates, keeping the...
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08/07/2023 / By Arsenio Toledo
The Organization of the Petroleum Exporting Countries' (OPEC) crude oil production has plummeted to its lowest level in three years, largely due to...
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04/06/2023 / By JD Heyes
Following a surprise announcement by Saudi Arabia and other OPEC+ member countries that they would be cutting oil production, oil futures saw a surge...
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02/07/2023 / By Arsenio Toledo
The price of oil will rise back above $100 a barrel this year, and will continue rising in 2024 due to serious supply problems as spare production...
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12/04/2022 / By Kevin Hughes
While members of the European Union can't agree on the price cap for Russian crude, Asian countries China and India are buying it at a 40 percent...
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12/02/2022 / By Kevin Hughes
The U.S. government granted petroleum company Chevron a limited license to continue pumping in Venezuela oil fields, marking the possible first step...
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11/01/2022 / By Mary Villareal
Another oil price surge is expected in December in the U.S. if a European embargo on Russian oil goes into effect and the Saudis refuse to increase...
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10/28/2022 / By Arsenio Toledo
Oil prices in the United States are continuing to rise as the dollar weakens and the White House exports more and more crude oil and fuel. From...
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10/19/2022 / By Belle Carter
The Kingdom of Saudi Arabia (KSA) has confirmed that President Joe Biden's administration requested KSA to delay the Organization of the Petroleum...
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10/12/2022 / By Ramon Tomey
U.S. President Joe Biden said he will re-evaluate the country's ties with Saudi Arabia after the kingdom and its oil-producing allies announced a...
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10/12/2022 / By Mary Villareal
Ann Vandersteel, co-chair of the Zelenko Freedom Foundation (ZFF), said the supply cut announced by the Organization of the Petroleum Exporting...
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10/07/2022 / By Ramon Tomey
As major Western powers are cutting ties with Russia amid its invasion of Ukraine, Saudi Arabia appears to be doing the opposite by strengthening...
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10/06/2022 / By JD Heyes
It has become apparent that after less than two years in office, Joe Biden's ineptitude and dementia have cost the United States a wealth of...
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09/20/2022 / By Belle Carter
The European Union (EU) is slowly starting to lose grip now that Russia seems to have the upper hand as winter approaches and a major energy crisis...
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09/15/2022 / By Mary Villareal
Treasury Secretary Janet Yellen said on Sunday, September 11, that Americans might end up paying more for gas due to the upcoming European Union...
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09/12/2022 / By Kevin Hughes
The Organization of the Petroleum Exporting Countries (OPEC) and its associated producers announced Sept. 5 that they will decrease oil production by...
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