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OPEC
Boeing Starliner Sends Astronauts to Orbit; Walmart Offers Bonus to 700,000 Hourly Workers | Business Matters Full Broadcast (June 5)
Boeing's new Starliner capsule flew its first crew of astronauts to orbit on Wednesday from Florida in a much-delayed test mission to the International Space Station, a milestone in the aerospace giant's ...
June 5, 2024
BY
Don Ma
OPEC Decisions Reveal Weak Economy
The latest OPEC meeting conclusions show that the global economy is not as strong as headlines suggest and ...
June 4, 2024
BY
Daniel Lacalle
GameStop Climbs as ‘Roaring Kitty’ Reveals $116 Million Bet; Trump Joins TikTok, Gaining Over 4 Million Followers | Business Matters Full Broadcast (June 3)
GameStop shares jumped around 20 percent on Monday after the stocks influencer known as "Roaring Kitty" returned to ...
June 3, 2024
BY
Don Ma
Putin Visits UAE, Saudi Arabia, Belying Western Claims of Moscow’s ‘Isolation’
Gaza, energy top agenda of talks with Emirati and Saudi leaders.
December 7, 2023
BY
Adam Morrow
Oil Supply Fears Grow as US Drilling Activity Slows, OPEC to Keep Cuts Intact
U.S. shale drillers might not bolster activity even if oil prices touch $100.
October 5, 2023
BY
Andrew Moran
US Oil Prices Top $90 a Barrel for the First Time This Year, Sparking Inflation Worries
The surge is expected to push gasoline prices up even higher and worsen inflation rates across the economy that ...
September 16, 2023
BY
Bryan Jung
US Crude Aims for $90 as Supply Deficit Fears Confirmed in EIA, OPEC Reports
From the EIA to OPEC, industry reports confirm global oil supply deficit fears.
September 13, 2023
BY
Andrew Moran
Inflation Accelerates on Higher Oil Prices From Flawed Policies
U.S. retail gas prices surged 18.5% since December 2022, driven by rising oil prices, signaling a worrisome acceleration ...
September 13, 2023
BY
Michael Wilkerson
Former President of OPEC Is Charged With Bribery Offences in London
A former president of the Organization of the Petroleum Exporting Countries (OPEC), who lives in London, has been ...
August 22, 2023
BY
Chris Summers
National Gas Price Surges to Its Biggest 1-Day Increase in a Year
The average national gas price surged on July 25 in its biggest one-day increase in a year. Prices rose ...
July 26, 2023
BY
Bryan Jung
Saudi Arabia to Cut Oil Production by 1 Million Barrels per Day to Boost Prices
OPEC countries and their partners, known as OPEC+, showed their commitment to higher oil prices at their meeting ...
June 4, 2023
BY
Emel Akan
With Oil Prices Slumping, OPEC+ Producers Weigh More Production Cuts
FRANKFURT, Germany—The major oil-producing countries led by Saudi Arabia and Russia are wrestling with whether to make another ...
June 4, 2023
BY
The Associated Press
OPEC Cuts May Lead to a World Crisis
Commentary The world is facing a precarious moment in the oil market. The recent decision by OPEC+ to ...
April 17, 2023
BY
Daniel Lacalle
Higher Oil Prices Expected to Revive Inflation Pressures, but Can a Recession Stop It?
News Analysis Since Saudi Arabia and OPEC+ crude oil producers announced additional production cuts of about 1.16 million ...
April 13, 2023
BY
Andrew Moran
Biden Administration Downplays Effect of Surprise OPEC+ Production Cuts
The Biden administration is downplaying the effect of the surprise decision by OPEC+ to continue production cuts, insisting ...
April 5, 2023
BY
Liam Cosgrove
Markets Expect Higher Oil Prices After Surprise OPEC Cut
Crude oil prices rallied as much as 6 percent on April 3, with both West Texas Intermediate (WTI) ...
April 3, 2023
BY
Andrew Moran
Oil Prices Soar After OPEC’s Shock Production Cut
Oil prices surged over 5 percent on Monday, notching their biggest daily jump in nearly a year after ...
April 3, 2023
BY
Tom Ozimek
Oil Production Faces ‘Serious Problem’ in 2024, With Implication for Prices, Says Goldman Sachs
Goldman Sachs Group predicts that oil will rise above $100 a barrel this year and that there could be ...
February 6, 2023
BY
Bryan Jung
OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount
LONDON—OPEC on Monday cut its forecast for 2022 global oil demand growth for a fifth time since April ...
November 14, 2022
BY
Reuters
OPEC Raises Long-Term Oil Demand View, Calls for Investment
ABU DHABI—OPEC raised its forecasts for world oil demand in the medium-and longer-term in an annual outlook released ...
October 31, 2022
BY
Reuters
The US Versus China and Saudi Arabia
Commentary For decades, Saudi Arabia has allied with the United States based on the exchange of oil for ...
October 28, 2022
BY
Anders Corr
Saudi Blasts Release of US Oil Reserves as an Attempt to ‘Manipulate Markets’
The Saudi Arabian energy minister indirectly slammed the decision by the Biden administration to release oil from the ...
October 28, 2022
BY
Bryan Jung
US, Other IEA Members Have ‘Huge’ Oil Reserves That Can Be Tapped If Supply Is Disrupted: Birol
Members of the International Energy Agency (IEA) can tap into its oil reserves to alleviate any supply issues, ...
October 25, 2022
BY
Naveen Athrappully
OPEC+ Oil Cut Came at ‘Worst Possible Moment’: US Official
The recent move by OPEC+ to decrease oil output came at the “worst possible moment” and will have ...
October 19, 2022
BY
Naveen Athrappully
UAE Says OPEC+ Output Cut Was Correct Decision, No Politics Behind It
ABU DHABI—The United Arab Emirates believes OPEC+ made the correct technical choice when it agreed to cut production ...
October 19, 2022
BY
Reuters
Saudi Arabia’s Defense Minister ‘Astonished’ by ‘False Accusations’ That Kingdom Sided With Russia
Saudi Arabia's defense minister, Khalid bin Salman, has rejected claims that the kingdom has sided with Russia in its war ...
October 17, 2022
BY
Katabella Roberts
OPEC Members Line Up to Back Oil Production Cut After US Claims Against Saudi Arabia
OPEC+ member states lined up on Oct. 16 to endorse a steep production cut agreed upon this month ...
October 16, 2022
BY
Jack Phillips
TOP NEWS
America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
NEW
By
Epoch Times Staff
Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
4hr
By
T.J. Muscaro
Iran Launches First Missiles at Israel Since Ceasefire Agreement
5hr
By
Jacki Thrapp
and
T.J. Muscaro
Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
6hr
By
Jack Phillips
Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
6hr
By
Savannah Hulsey Pointer
US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
8hr
By
Jacki Thrapp
US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
9hr
By
Jacki Thrapp
Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
9hr
By
Mercura Wang
Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
13hr
By
Lawrence Wilson
US Bankruptcy Filings Increase 7 Percent Yearly
14hr
By
Naveen Athrappully