Nov. 03, 2024 17:49 PM EST
Saudi Arabia and allied oil producing countries said on Sunday they would postpone a plan to gradually increase oil output until the end of the year, extending their output cuts by one month.
No reason was given for the move, which comes ahead of the U.S. presidential election on...
Oct. 28, 2024 22:18 PM EDT
Global oil prices are falling sharply after a retaliatory strike by Israel over the weekend targeted Iranian military sites rather than its energy infrastructure as had been feared.
Prices for crude spiked globally on Oct. 2 after Iran fired nearly 200 missiles into Israel, part of a...