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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 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, 2024BY Don Ma
  • OPEC Decisions Reveal Weak Economy
    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, 2024BY 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 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, 2024BY Don Ma
  • Putin Visits UAE, Saudi Arabia, Belying Western Claims of Moscow’s ‘Isolation’
    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, 2023BY Adam Morrow
  • Oil Supply Fears Grow as US Drilling Activity Slows, OPEC to Keep Cuts Intact
    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, 2023BY Andrew Moran
  • US Oil Prices Top $90 a Barrel for the First Time This Year, Sparking Inflation Worries
    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, 2023BY Bryan Jung
  • US Crude Aims for $90 as Supply Deficit Fears Confirmed in EIA, OPEC Reports
    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, 2023BY Andrew Moran
  • Inflation Accelerates on Higher Oil Prices From Flawed Policies
    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, 2023BY Michael Wilkerson
  • Former President of OPEC Is Charged With Bribery Offences in London
    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, 2023BY Chris Summers
  • National Gas Price Surges to Its Biggest 1-Day Increase in a Year
    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, 2023BY Bryan Jung
  • Saudi Arabia to Cut Oil Production by 1 Million Barrels per Day to Boost Prices
    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, 2023BY Emel Akan
  • With Oil Prices Slumping, OPEC+ Producers Weigh More Production Cuts
    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, 2023BY The Associated Press
  • OPEC Cuts May Lead to a World Crisis
    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, 2023BY Daniel Lacalle
  • Higher Oil Prices Expected to Revive Inflation Pressures, but Can a Recession Stop It?
    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, 2023BY Andrew Moran
  • Biden Administration Downplays Effect of Surprise OPEC+ Production Cuts
    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, 2023BY Liam Cosgrove
  • Markets Expect Higher Oil Prices After Surprise OPEC Cut
    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, 2023BY Andrew Moran
  • Oil Prices Soar After OPEC’s Shock Production Cut
    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, 2023BY Tom Ozimek
  • Oil Production Faces ‘Serious Problem’ in 2024, With Implication for Prices, Says Goldman Sachs
    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, 2023BY Bryan Jung
  • OPEC Cuts Oil Demand Growth Forecast Again as Economic Challenges Mount
    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, 2022BY Reuters
  • OPEC Raises Long-Term Oil Demand View, Calls for Investment
    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, 2022BY Reuters
  • The US Versus China and Saudi Arabia
    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, 2022BY Anders Corr
  • Saudi Blasts Release of US Oil Reserves as an Attempt to ‘Manipulate Markets’
    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, 2022BY Bryan Jung
  • US, Other IEA Members Have ‘Huge’ Oil Reserves That Can Be Tapped If Supply Is Disrupted: Birol
    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, 2022BY Naveen Athrappully
  • OPEC+ Oil Cut Came at ‘Worst Possible Moment’: US Official
    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, 2022BY Naveen Athrappully
  • UAE Says OPEC+ Output Cut Was Correct Decision, No Politics Behind It
    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, 2022BY Reuters
  • Saudi Arabia’s Defense Minister ‘Astonished’ by ‘False Accusations’ That Kingdom Sided With Russia
    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, 2022BY Katabella Roberts
  • OPEC Members Line Up to Back Oil Production Cut After US Claims Against Saudi Arabia
    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, 2022BY 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
    America in Photos: USS Iwo Jima Naval Homecoming, Belmont Stakes Horse Race, and Tiananmen Massacre Memorial
  • Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
    4hr By T.J. Muscaro
    Trump on Iran Conflict: Troops Staying Until ‘We Have a Completion’
  • Iran Launches First Missiles at Israel Since Ceasefire Agreement
    5hr By Jacki Thrapp and T.J. Muscaro
    Iran Launches First Missiles at Israel Since Ceasefire Agreement
  • Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
    6hr By Jack Phillips
    Israel Strikes Beirut Days After US-Supported Ceasefire Announcement
  • Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
    6hr By Savannah Hulsey Pointer
    Former Utah Attorney General Fights the Evil That Lurks in Quiet Places
  • US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
    8hr By Jacki Thrapp
    US Forces Shoot Down 2 Iranian Drones as Pakistani Interior Minister Visits Tehran
  • US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
    9hr By Jacki Thrapp
    US Won’t Unfreeze Iran’s Assets Before Peace Deal Is Reached, Trump Says
  • Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
    9hr By Mercura Wang
    Fascia: The Living, Interconnected Web Behind Movement and Healing—How to Enhance Its Function
  • Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
    13hr By Lawrence Wilson
    Eli Lilly Poised to Suspend Drug Discounts to Large Hospitals
  • US Bankruptcy Filings Increase 7 Percent Yearly
    14hr By Naveen Athrappully
    US Bankruptcy Filings Increase 7 Percent Yearly
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