The Latest Breaking News from OPEC

The G7 imposing price cap on Russian oil could raise energy prices in winter. Moreover, the Biden administration is considering refilling its strategic reserves to support prices. And considering OPEC’s upbeat demand outlook, the energy stocks Cenovus Energy (CVE), Birchcliff Energy (BIREF), Amplify Energy (AMPY), and MV Oil (MVO) which…

Australian petrol prices have plunged to an eight-month low over the past week, delivering much needed cost of living relief to motorists.

Reuters EQT Corp Close To Buying THQ Appalachia

Speculation that incoming prime minister Liz Truss is planning a freeze to energy bills lifted retailers and stocks with exposure to the UK economy today.

Oil prices inched lower on Tuesday, paring gains from the previous session, as an OPEC+ deal to cut output by 100,000 barrels per day in October was seen as a largely symbolic move to bolster prices after the market's recent slide. Brent crude futures had fallen 81 cents, or 0.9%,…

It started off optimistically, but the ASX 200 lost ground on Tuesday as the market was hit by another rate hike.

Oil prices are sagging amid fears of recessions across the globe

European countries scramble to store as much gas as possible before winter as they brace for shortages

Oil prices rose more than $2 a barrel on Monday, extending gains as investors eyed possible moves by OPEC+ producers to cut output and support prices at a meeting later in the day. Brent crude futures had risen $2.42, or 2.6%, to $95.44 a barrel by 0641 GMT after gaining…