OPEC's oil production plunges to four-year low in March as Saudis slash output
OPEC's output fell by 534,000 barrels per day in March to just over 30 million, lowest since February 2015. Source: CNBC RSS...
OPEC's output fell by 534,000 barrels per day in March to just over 30 million, lowest since February 2015. Source: CNBC RSS...
Oil prices crept higher on Wednesday, supported by supply cuts by producer club OPEC and U.S. sanctions against oil exporters Iran and Venezuela, but restricted by expectations that an economic slowdown could soon dent fuel consumption. Source: CNBC RSS...
Some states have used authority under the Clean Water Act to delay construction of infrastructure tied to fossil fuels. Source: CNBC RSS...
Aramco's incredibly successful bond offering shows the company may not have to tap equity markets as planned. Source: CNBC RSS...
Energy stocks are facing pressure after Russia signaled a potential boost in crude output ahead of its meeting with OPEC. CNBC's David Faber reports. Source: CNBC RSS...
Saudi Aramco has reportedly received bids for more than 10 times the $10 billion it was expected to raise in an international bond issue. Source: CNBC RSS...
Crypto mining was added to a draft list of over 450 activities China's state planner says should be phased out. Source: CNBC RSS...
As oil prices climbed to multi-month highs on Tuesday, one strategist warned of the "potential for greater disruption" ahead for crude markets. Source: CNBC RSS...
John Driscoll of JTD Energy Services says it is "unrealistic and "possibly even delusional" for the U.S. to try to keep Iranian oil off the market, especially as crude prices rise. Source: CNBC RSS...
Oil prices eased on Tuesday, slipping away from 5-month highs reached earlier in the session as a sluggish economic outlook countered an otherwise tight market. Source: CNBC RSS...