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Cartel Clash: Saudi Arabia, OPEC+ Members Argue Over Oil Production Quotas

In a high-stakes battle for oil dominance, tensions erupted within OPEC as Saudi Arabia and several member countries clashed over

The frenzy surrounding artificial intelligence (AI)-related companies’ stocks seems to be sucking the proverbial “oxygen out of the room” for

Oil futures rallied on Monday after Saudi Arabia and other OPEC+ members announced unexpected oil production cuts of more than

OPEC+ has made a surprising announcement of an oil production cut exceeding 1 million barrels a day, reversing its previous

It’s “disastrous” for the oil markets, the publication warns. Irina Slav, a writer for OilPrice.com, wrote a critique of environmentalist

What used to be a strategic alliance is fast becoming a sour tinderbox for a trade–or even worse, physical–war between

Momentum is gathering in Congress in support of legislation that would challenge the OPEC+ group of oil-producing nations, which recently

The Kingdom of Saudi Arabia issued a statement to clarify matters surrounding the OPEC+ decision to make its sharpest output

The oil futures market might be increasingly disconnected from its fundamentals due to “very thin liquidity and extreme volatility,” leading