OPEC+ has repeatedly stepped in to cut production and prop up prices when they start to fall below $70 per barrel. But as the group loses market share, those moves have less of an impact.
OPEC+ is likely at its meeting on Thursday to extend its latest round of oil output cuts until the end of the first quarter, four OPEC+ sources told Reuters, to provide additional support for the oil ...
Consumers in Illinois, Indiana, Michigan and Minnesota, which combined import nearly 3 million b/d of Canadian crude, would be particularly vulnerable to price increases. The American Fuel and ...