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Guyana’s Oil Boom Challenges OPEC+ Dominance

Guyana is expected to pump 1.2 million barrels of crude oil per day by 2027, surpassing many OPEC members, driven by Exxon's development...

Goldman Claims Oil Prices Could Hit $107 If OPEC+ Extends Cuts Next Year

Goldman Sachs believes oil prices could hit $107 next year if Russia and Saudi Arabia maintain their production cuts. The bank does emphasize...

Analyst: Oil Is Heading Well Into The $90 Range

McNally: “Oil prices are climbing a wall of doubt and skepticism,”. McNally: The Saudis are unlikely to reverse the cuts at $90 or...

Oil Prices Jump As Saudi Arabia Extends Oil Production Cut

By Charles Kennedy Oil prices jumped on Thursday after Saudi Arabia said it would extend its unilateral voluntary cut of 1 million barrels per day...

Oil Prices Tick Higher On Optimistic Economic Forecasts

By Julianne Geiger Oil prices saw another rise on Tuesday morning on optimistic forecasts published by the International Monetary Fund (IMF). On Tuesday, the IMF raised...

Oil Prices Extend Gains As Fundamentals Come Into Focus

Oil prices are set to post a third consecutive weekly gain, with Brent nearing $81 and WTI changing hands for $76.41. Bullish sentiment...

Oil Prices Remain Capped By Economic Concerns

By Michael Kern Oil prices are set for a second consecutive weekly gain but the upside remains limited due to continued economic concerns. UAE: Latest Output...

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