OPEC’s planned production hikes could make a bad situation worse for oil. Natural gas stocks may fare much better.
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OPEC+ Rips Off the Band-Aid
By ripping off the band-aid, the Saudis seem to have accepted that letting prices weaken is a way to regain their lost market share.
Key oil indicators are signaling looser balances ahead, after OPEC and its allies shocked the market with a dramatic early ...
The Organization of Petroleum Exporting Countries (OPEC) reduced its crude oil production in March, ahead of its planned ...
Saudi Arabia's unexpected decision to increase oil output within the OPEC+ group highlights its frustration with ...
The Organization of the Petroleum Exporting Countries (OPEC) on Wednesday affirmed its growth outlook for oil demand and overall economic expansion over the next two years.
while OPEC has a market share of just 40% and is made up of 12 countries. BPC's actions led to a prolonged period of elevated potash pricing, generating record profits for global potash ...