How does OPEC influence the price of WTI Oil? OPEC (Organization of the Petroleum Exporting Countries) is a group of 12 Oil-producing nations who collectively decide production quotas for member ...

A couple of years ago, oil prices soared following Russia's invasion of Ukraine, and producers capitalized on the opportunity ...

Former President Jimmy Carter's work on energy efficiency and renewable energy were criticized, but it laid the groundwork ...

The structure was in a public park ... mostly from the Organization of Petroleum Exporting Countries, or the OPEC cartel. That made the U.S. vulnerable during the 1973 Arab oil embargo, which ...

At the time of my previous publication, OXY's price was $50.34 as seen in the chart above ... to remain pressured judging by the latest OPEC projection (quoted below). Seeking Alpha news: OPEC ...

To wit, the chart below displays the total return performance ... Judging by the latest OPEC projection (details quote below), the prices are likely to remain under pressure in the near term.

Jimmy Carter is dead, just months after celebrating his 100th birthday on Tuesday, Oct. 1. His son, James E. Carter III, ...

The investment bank noted that oil inventories are low, and current prices are higher than future prices – a market structure known as backwardation ... but that its non-OPEC supply forecast was up ...

OPEC oil output fell in December after two months of increases, a Reuters survey found, as a drop from the United Arab ...