Portfolio manager says OPEC+ alliance could break — sending oil prices down to $35 a barrel

An influential oil producers’ alliance could collapse if unity dissolves around output policy, according to the…

Russia, Saudi Arabia cut oil supply again to raise price – National | Globalnews.ca

Saudi Arabia and Russia are extending cuts to the amount of oil they pump to the…

How much will gas cost this summer? Here’s what Canadians can expect – National | Globalnews.ca

As summer approaches, Canadians may want to hit the road to enjoy the nice weather. but…

‘Alberta should be a little worried’: Saudi Arabia responds to uncertain outlook for oil demand | Globalnews.ca

Saudi Arabia has announced it will  make a cut to its oil output to limit supply…

OPEC says IEA should be ‘very careful’ with repeated calls to stop investing in oil

OPEC Secretary General Haitham Al Ghais said finger-pointing and misrepresenting the actions of OPEC and OPEC+…

Surprise oil output cuts from OPEC+ could hurt consumers and derail the economic recovery, IEA warns

In its latest monthly oil market report, the IEA said the energy alliance’s self-described “precautionary move”…

Oil prices could hit US$100 a barrel this year, industry experts say – National | Globalnews.ca

by staff canadian press Posted on April 4th, 2023 at 1:20 pm Decrease text font size…

What OPEC’s surprise oil cut means for gas prices cnn business

New York CNN , The surprise move by OPEC and its allies to reduce oil production…

OPEC+ to consider deeper oil output cuts ahead of Russia sanctions and proposed price cap

OPEC+, a group of 23 oil-producing nations led by Saudi Arabia and Russia, will convene on…

WSJ News Exclusive | OPEC+ Eyes Output Increase Ahead of Restrictions on Russian Oil

The move could help heal a rift with the Biden administration and keep energy flowing amid…