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energy and resources
Oil prices hold steady as markets debate Fed hikes, supply woes
LOS ANGELES, CALIFORNIA - NOVEMBER 23: Oil pumpjacks stands in the Inglewood Oil Field on November 23, 2021 in Los Angeles, California. President Biden announced a plan to release oil from the Strategic Petroleum Reserve in an effort to curb high gas prices. (Photo by Mario Tama/Getty Images)
international business
OPEC sticks to oil demand growth view, sees pre-pandemic demand in 2023
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
Oil prices sink as demand fears overtake OPEC-led rally
LOS ANGELES, CALIFORNIA - NOVEMBER 23: Oil pumpjacks stands in the Inglewood Oil Field on November 23, 2021 in Los Angeles, California. President Biden announced a plan to release oil from the Strategic Petroleum Reserve in an effort to curb high gas prices. (Photo by Mario Tama/Getty Images)
international business
OPEC+ agrees small oil production cut
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
international business
Oil prices jump $3 as OPEC+ plans to cut oil output targets by 100,000 bpd
FILE PHOTO: An oil pump jack pumps oil in a field near Calgary, Alberta, Canada on July 21, 2014. REUTERS/Todd Korol
international business
OPEC+ to weigh rollover or small cut at Monday meeting, sources say
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
OPEC+ to weigh rollover or output cut at Sept. 5 meeting, sources say
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
Oil prices climb ahead of next week’s OPEC+ meeting
FILE - A pumpjack extracts crude at an oil field in Emlichheim, Germany, March 18, 2022. Wildfires, floods and soaring temperatures have made climate change real to many Americans. Yet a sizeable number continue to dismiss the scientific consensus that human activity is to blame. That's in part because of a decades-long campaign by fossil fuel companies to muddy the facts and promote fringe explanations. (AP Photo/Martin Meissner, File)
energy and resources
OPEC+ Joint Technical Committee’s base case sees 300,000 barrels per day market deficit in 2023
FILE PHOTO: The logo of the Organization of the Petroleum Exporting Countries (OPEC) is pictured on the outside the OPEC headquarters in Vienna March 16, 2010. REUTERS/Heinz-Peter Bader/File Photo
energy and resources
Oil prices tumble as COVID-19 lockdown measures in China stoke demand fears
An array of pumpjacks operate Thursday, July 7, 2022, in Odessa, Texas. (Eli Hartman/Odessa American via AP)
energy and resources
OPEC+ sees tighter market in 2022, risks to oil demand growth
FILE PHOTO: The OPEC logo pictured ahead of an informal meeting between members of the Organization of the Petroleum Exporting Countries (OPEC) in Algiers, Algeria, September 28, 2016. REUTERS/Ramzi Boudina/File Photo
energy and resources
Oil prices slump again, hit by demand concerns
MCKITTRICK, CALIFORNIA - NOVEMBER 03: The sun sets beyond pumpjacks in the Belridge oil field on November 03, 2021 near McKittrick, California. The Biden administration pledged to cut methane emissions from oil and gas production yesterday. In California, 35,000 oil and gas wells sit idle, many of which are unplugged and could leak methane gas. Scientists estimate that one-third of human-induced global warming is caused by methane. (Photo by Mario Tama/Getty Images)
energy and resources
Oil prices rise over $3 a barrel on prospect of OPEC+ supply cut
A pumpjack pumps oil in the Inglewood Oil Field as seen from the Kenneth Hahn State Recreation Area on July 13, 2022 in Los Angeles, California. - US consumer price inflation surged 9.1 percent over the past 12 months to June, the fastest increase since November 1981, according to government data released on July 13. Driven by record-high gasoline prices, the consumer price index jumped 1.3 percent in June, the Labor Department reported. (Photo by Patrick T. FALLON / AFP) (Photo by PATRICK T. FALLON/AFP via Getty Images)
energy and resources
Oil prices ease on possible Iranian exports, rising interest rates
LOS ANGELES, CALIFORNIA - NOVEMBER 23: Oil pumpjacks stands in the Inglewood Oil Field on November 23, 2021 in Los Angeles, California. President Biden announced a plan to release oil from the Strategic Petroleum Reserve in an effort to curb high gas prices. (Photo by Mario Tama/Getty Images)
energy and resources
Oil ends higher on U.S. response to Iran nuclear deal comments
FILE - In this April 24, 2015, photo, pumpjacks work in a field near Lovington, N.M. A pollution survey using sensors on small airplanes to detect methane emissions across a major U.S. oil and natural gas production zone points to greater releases of the potent climate-warning gas that previous estimated by other methods, according to results published Wednesday, March 23, 2022. (AP Photo/Charlie Riedel, File)
energy and resources
OPEC+ weighs oil production cuts with possible Iran deal looming, sources say
FILE PHOTO: A 3D printed oil pump jack is seen in front of displayed OPEC logo in this illustration picture, April 14, 2020. REUTERS/Dado Ruvic//File Photo/File Photo
energy and resources
Oil prices jump about $3 a barrel on possible OPEC+ supply tightening
FILE - A pumpjack extracts crude at an oil field in Emlichheim, Germany, March 18, 2022. Wildfires, floods and soaring temperatures have made climate change real to many Americans. Yet a sizeable number continue to dismiss the scientific consensus that human activity is to blame. That's in part because of a decades-long campaign by fossil fuel companies to muddy the facts and promote fringe explanations. (AP Photo/Martin Meissner, File)
energy and resources
OPEC+ missed output targets by nearly 2.9 million barrels per day in July, sources say
FILE - The logo of the Organization of the Petroleoum Exporting Countries (OPEC) is seen outside of OPEC's headquarters in Vienna, Austria, Thursday, March 3, 2022. The OPEC oil cartel and its allies are meeting on Wednesday, Aug. 3, 2022, to decide how much oil to produce in September. They're meeting amid high oil prices and unstable energy supplies exacerbated by the war Russia is waging on Ukraine. (AP Photo/Lisa Leutner, file)
energy and resources
Oil pares losses after Saudi energy minister said OPEC+ could cut output to confront market challenges
VENTURA, CALIFORNIA - AUGUST 05: Oil pumpjacks operate on August 5, 2022 near Ventura, California. The Inflation Reduction Act of 2022 holds provisions for climate change including tax incentives for clean energy production in what would be a major legislative accomplishment for the Biden administration. (Photo by Mario Tama/Getty Images)
energy and resources
Oil headed for weekly loss as recession fears cloud demand outlook
FILE - In this April 24, 2015, file photo, pumpjacks work in a field in the Permian Basin near Lovington, N.M. Top officials with the largest Native American tribe in the United States are renewing a request for congressional leaders to hold a field hearing before deciding on federal legislation aimed at limiting oil and gas development around Chaco Culture National Historical Park. The Navajo Nation has struggled for years with high poverty rates and joblessness, and the tribe’s legislative leaders say individual Navajo allottees stand to lose an important source of income if a 10-mile buffer is created around the park. (AP Photo/Charlie Riedel, File)